SBA 7(a)/504 FOIA · FY1991–PRESENT · INDIANA
Super 8 franchise in Indiana: what the public record shows
Franchisees of Super 8 in Indiana have taken 75 SBA loans in the FY1991–present FOIA files (average $1,086,656). Those approved through FY2020 defaulted at a rate not clearly different from franchise loans made in the same years nationally: 9 charge-offs among 51 resolved loans, where about 7.9 would be expected (1.1×). Super 8's national ratio is 0.6×.
Loans in IN
75
Charged off (all years)
9 of 53
Loss ratio in IN (not clear)
1.1×
Loss ratio nationally
0.6×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IN. 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 IN | Charged off (all years) | Loss ratio in IN | Units in IN |
|---|---|---|---|---|
| QUALITY INN | 55 | 3 of 33 | — | 49 |
| Best Western Inn | 48 | 7 of 28 | — | — |
| Comfort Inn | 46 | 2 of 27 | — | — |
| Days Inn | 44 | 8 of 29 | — | — |
| Holiday Inn Express | 37 | 1 of 23 | — | — |
| Baymont Inn & Suites | 33 | 0 of 21 | — | — |
| Red Roof Inn | 26 | 0 of 17 | — | — |
| Motel 6 | 22 | 1 of 12 | — | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 20 | 1 of 15 | — | — |
| Ramada Inn | 20 | 5 of 17 | — | — |
| Knights Inn | 13 | 5 of 12 | — | — |
| La Quinta Inn | 12 | 0 of 10 | — | — |
Other systems in Super 8's sector whose franchisees borrowed in Indiana. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
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