SBA 7(a)/504 FOIA · FY1991–PRESENT · WEST VIRGINIA
SLEEP INN franchise in West Virginia: what the public record shows
Franchisees of SLEEP INN in West Virginia have taken 5 SBA loans in the FY1991–present FOIA files (average $1,257,800). 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 9 franchised outlets in West Virginia (fiscal 2025) — about 0.51 per 100k residents.
Loans in WV
5
Charged off (all years)
0 of 1
Loss ratio in WV
—
Loss ratio nationally (not clear)
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = WV. 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 | 9 | 0 |
| 2024 | 9 | 0 |
| 2025 | 9 | 0 |
| System | Loans in WV | Charged off (all years) | Loss ratio in WV | Units in WV |
|---|---|---|---|---|
| Days Inn | 9 | 0 of 3 | — | — |
| Microtel | 6 | 1 of 4 | — | — |
Other systems in SLEEP INN's sector whose franchisees borrowed in West Virginia. 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.