SBA 7(a)/504 FOIA · FY1991–PRESENT · INDIANA
SLEEP INN franchise in Indiana: what the public record shows
Franchisees of SLEEP INN in Indiana have taken 6 SBA loans in the FY1991–present FOIA files (average $2,395,366). 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 8 franchised outlets in Indiana (fiscal 2025) — about 0.12 per 100k residents.
Loans in IN
6
Charged off (all years)
0 of 2
Loss ratio in IN
—
Loss ratio nationally (not clear)
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IN. 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 | 7 | 0 |
| 2024 | 7 | 0 |
| 2025 | 8 | 0 |
| System | Loans in IN | Charged off (all years) | Loss ratio in IN | Units in IN |
|---|---|---|---|---|
| Super 8 | 75 | 9 of 53 | 1.1×NOT CLEAR | — |
| QUALITY INN | 55 | 3 of 33 | — | 49 |
| Best Western Inn | 48 | 7 of 28 | — | — |
| Comfort Inn | 46 | 2 of 27 | — | — |
| Days Inn | 44 | 8 of 29 | — | — |
| Holiday Inn Express | 37 | 1 of 23 | — | — |
| Baymont Inn & Suites | 33 | 0 of 21 | — | — |
| Red Roof Inn | 26 | 0 of 17 | — | — |
| Motel 6 | 22 | 1 of 12 | — | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 20 | 1 of 15 | — | — |
| Ramada Inn | 20 | 5 of 17 | — | — |
| Knights Inn | 13 | 5 of 12 | — | — |
Other systems in SLEEP INN's sector whose franchisees borrowed in Indiana. 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.