SBA 7(a)/504 FOIA · FY1991–PRESENT · IOWA
Super 8 franchise in Iowa: what the public record shows
Franchisees of Super 8 in Iowa have taken 57 SBA loans since 1991 (average $880,591), and of the 46 loans whose story has ended, 6.5% were charged off — versus 10.4% for Super 8 nationally and 14.8% across all rateable franchise brands.
Loans in IA
57
Resolved
46
Local charge-off
6.5%
National charge-off
10.4%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IA. 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.
| System | Loans in IA | Local charge-off | Units in IA |
|---|---|---|---|
| Americinn | 17 | 0.0% | — |
| Holiday Inn Express | 17 | thin | — |
| Days Inn | 10 | thin | — |
| Ramada Inn | 6 | thin | — |
| Baymont Inn & Suites | 5 | thin | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 5 | thin | — |
Same sector, same state, same public records — how Super 8 compares to the systems a buyer in Iowa 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 Super 8's numbers, including talking you out of a bad deal.