SBA 7(a)/504 FOIA · FY1991–PRESENT · FLORIDA
SLEEP INN franchise in Florida: what the public record shows
Franchisees of SLEEP INN in Florida have taken 35 SBA loans in the FY1991–present FOIA files (average $2,313,586). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. SLEEP INN's national ratio is 0.7× (not clearly different from 1.0×). Its latest FDD Item 20 state table reports 20 franchised outlets in Florida (fiscal 2025) — about 0.09 per 100k residents.
Loans in FL
35
Charged off (all years)
4 of 19
Loss ratio in FL
—
Loss ratio nationally (not clear)
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = FL. Loss ratio = charge-offs among loans approved through FY2020 ÷ the charge-offs expected if each had defaulted at the national rate for franchise loans approved the same year; 1.0× is the same. Only charged-off and paid-in-full loans count. A ratio is shown at 30+ such loans; “not clear” marks a ratio chance alone could produce. The all-years count mixes every era and is evidence, not a rate to compare. Borrowers are matched to the brand by name and SBA franchise code; some matches may be wrong or missing.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 24 | 0 |
| 2024 | 22 | 0 |
| 2025 | 20 | 0 |
| System | Loans in FL | Charged off (all years) | Loss ratio in FL | Units in FL |
|---|---|---|---|---|
| Days Inn | 88 | 11 of 61 | 1.2×NOT CLEAR | — |
| Holiday Inn Express | 58 | 11 of 38 | 1.4×NOT CLEAR | — |
| QUALITY INN | 58 | 5 of 32 | — | 72 |
| Hampton Inns | 51 | 0 of 23 | — | — |
| Super 8 | 48 | 2 of 33 | 0.4×NOT CLEAR | — |
| Best Western Inn | 47 | 2 of 27 | — | — |
| Ramada Inn | 45 | 7 of 36 | 1.2×NOT CLEAR | — |
| Comfort Inn | 37 | 3 of 19 | — | — |
| ECONO LODGE | 33 | 2 of 24 | — | 27 |
| La Quinta Inn | 31 | 0 of 15 | — | — |
| Howard Johnson | 30 | 5 of 25 | — | — |
| Choice Hotels International | 29 | 8 of 21 | — | — |
Other systems in SLEEP INN's sector whose franchisees borrowed in Florida. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
A broker is usually paid by the franchisor to place you. I'm paid only by you, never by a franchisor you're considering — and the job is pressure-testing SLEEP INN’s numbers, including talking you out of a bad deal.