SBA 7(a)/504 FOIA · FY1991–PRESENT · NORTH CAROLINA
Travelodge franchise in North Carolina: what the public record shows
Franchisees of Travelodge in North Carolina have taken 6 SBA loans since 1991 (average $1,113,500)— too few resolved loans in-state to publish a local failure rate (we require a resolved cohort, never extrapolate), so the brand's national rate of 11.0% is the better guide.
Loans in NC
6
Resolved
3
Local charge-off
thin
National charge-off
11.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = NC. 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 of 30 loans.
| System | Loans in NC | Local charge-off | Units in NC |
|---|---|---|---|
| Quality Inn/Quality Suites, Hotel Or Resort | 89 | 2.0% | — |
| Days Inn | 69 | 17.0% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 56 | 12.8% | — |
| Holiday Inn Express/Holiday Inn Express & Suites | 50 | 3.1% | — |
| Econo Lodge Motel | 38 | 0.0% | — |
| Super 8 by Wyndhan / Super 8 | 33 | 0.0% | — |
| Microtel Inn and Suites | 32 | 20.7% | — |
| Super 8 Motel | 32 | 11.5% | — |
| Best Western Inn | 26 | 11.1% | — |
| Choice Hotels International | 24 | 19.0% | — |
| Red Roof Inn | 21 | 0.0% | — |
| Hampton Inns | 19 | 14.3% | — |
Same sector, same state, same public records — how Travelodge compares to the systems a buyer in North Carolina 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. An independent CPA is paid by you — and the job is pressure-testing Travelodge's numbers, including talking you out of a bad deal.
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