SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH CAROLINA
SLEEP INN franchise in South Carolina: what the public record shows
Franchisees of SLEEP INN in South Carolina have taken 25 SBA loans since 1991 (average $2,719,924), 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 18 franchised outlets in South Carolina (fiscal 2025) — about 0.33 per 100k residents.
Loans in SC
25
Resolved
16
Local charge-off
0.0%
National charge-off
10.2%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SC. 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 | 21 | 0 |
| 2024 | 20 | 0 |
| 2025 | 18 | 0 |
| System | Loans in SC | Local charge-off | Units in SC |
|---|---|---|---|
| QUALITY INN | 67 | 9.3% | 55 |
| Subway | 58 | 4.8% | 320 |
| ECONO LODGE | 20 | 15.4% | 19 |
| JERSEY MIKE'S | 17 | 5.9% | 98 |
| DAIRY QUEEN | 13 | 18.2% | — |
| MASSAGE ENVY | 12 | 10.0% | 17 |
| Plato'S Closet | 11 | thin | — |
| Blimpie | 10 | thin | — |
| Country Inn | 10 | thin | 10 |
| Signarama | 10 | thin | — |
| BEEF O' BRADY'S FAMILY SPORTS PUBS | 9 | thin | 1 |
| Fastsigns | 8 | thin | — |
Same sector, same state, same public records — how SLEEP INN compares to the systems a buyer in South 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.