SBA 7(a)/504 FOIA · FY1991–PRESENT · COLORADO
Super 8 franchise in Colorado: what the public record shows
Franchisees of Super 8 in Colorado have taken 71 SBA loans in the FY1991–present FOIA files (average $1,444,754). Those approved through FY2020 defaulted at a rate not clearly different from franchise loans made in the same years nationally: 4 charge-offs among 47 resolved loans, where about 7.5 would be expected (0.5×). Super 8's national ratio is 0.6×.
Loans in CO
71
Charged off (all years)
4 of 48
Loss ratio in CO (not clear)
0.5×
Loss ratio nationally
0.6×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = CO. 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.
| System | Loans in CO | Charged off (all years) | Loss ratio in CO | Units in CO |
|---|---|---|---|---|
| QUALITY INN | 40 | 2 of 20 | — | 42 |
| Best Western Inn | 39 | 5 of 24 | — | — |
| Days Inn | 32 | 3 of 22 | — | — |
| Comfort Inn | 29 | 1 of 20 | — | — |
| ECONO LODGE | 28 | 2 of 19 | — | 11 |
| La Quinta Inn | 18 | 0 of 7 | — | — |
| Baymont Inn & Suites | 16 | 0 of 5 | — | — |
| Choice Hotels International | 16 | 1 of 14 | — | — |
| Holiday Inn Express | 13 | 2 of 10 | — | — |
| Ramada Inn | 13 | 2 of 9 | — | — |
| RODEWAY INN | 13 | 0 of 7 | — | 6 |
| Holiday Inn | 12 | 0 of 6 | — | — |
Other systems in Super 8's sector whose franchisees borrowed in Colorado. 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 Super 8’s numbers, including talking you out of a bad deal.