SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH CAROLINA
SLEEP INN franchise in North Carolina: what the public record shows
Franchisees of SLEEP INN in North Carolina have taken 26 SBA loans since 1991 (average $2,386,431), and of the 16 loans whose story has ended, 0.0% were charged off — versus 10.2% for SLEEP INN nationally and 14.8% across all rateable franchise brands. Its latest FDD Item 20 state table reports 27 franchised outlets in North Carolina (fiscal 2025) — about 0.24 per 100k residents.
Loans in NC
26
Resolved
16
Local charge-off
0.0%
National charge-off
10.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NC. Charge-off rate = charged-off ÷ (charged-off + paid-in-full); open loans excluded. A local rate is published only when the resolved cohort clears our floor.
| Fiscal year | Franchised | Company-owned |
|---|---|---|
| 2023 | 28 | 0 |
| 2024 | 27 | 0 |
| 2025 | 27 | 0 |
| System | Loans in NC | Local charge-off | Units in NC |
|---|---|---|---|
| Subway | 126 | 1.0% | 597 |
| QUALITY INN | 89 | 2.0% | 73 |
| JERSEY MIKE'S | 43 | 11.4% | 222 |
| ECONO LODGE | 38 | 0.0% | 33 |
| DAIRY QUEEN | 31 | 4.0% | — |
| HOTWORX | 27 | thin | 29 |
| Matco Tools | 22 | 28.6% | — |
| MASSAGE ENVY | 19 | 18.8% | 42 |
| RODEWAY INN | 19 | 0.0% | 17 |
| Sport Clips | 16 | 0.0% | 59 |
| Fastsigns | 15 | thin | — |
| EDIBLE ARRANGEMENTS | 14 | thin | 16 |
Same sector, same state, same public records — how SLEEP INN compares to the systems a buyer in North Carolina would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.
A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing SLEEP INN's numbers, including talking you out of a bad deal.