FRANCHISE·WATCH·DESK

SBA 7(a)/504 FOIA · FY1991–PRESENT · ILLINOIS

Super 8 franchise in Illinois: what the public record shows

Franchisees of Super 8 in Illinois have taken 105 SBA loans since 1991 (average $1,276,157), and of the 69 loans whose story has ended, 13.0% were charged off — versus 10.4% for Super 8 nationally and 14.8% across all rateable franchise brands.

SBA loan outcomes · Illinoisvs national

Loans in IL

105

Resolved

69

Local charge-off

13.0%

National charge-off

10.4%

Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IL. 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.

Same-sector systems with SBA loan history in Illinois12 systems

Same sector, same state, same public records — how Super 8 compares to the systems a buyer in Illinois would actually be choosing between. Local rates under 10 resolved loans are marked thin, not hidden.

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A broker is paid by the franchisor to place you. I'm paid by you — and the job is pressure-testing Super 8's numbers, including talking you out of a bad deal.

Don Drummond, CPA — Virginia #43775 · what I charge

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