SBA 7(a)/504 FOIA · FY1991–PRESENT · SOUTH CAROLINA
Travelodge franchise in South Carolina: what the public record shows
Franchisees of Travelodge in South Carolina have taken 15 SBA loans in the FY1991–present FOIA files (average $1,099,166). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Travelodge's national ratio is 0.7×.
Loans in SC
15
Charged off (all years)
0 of 9
Loss ratio in SC
—
Loss ratio nationally
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SC. 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 SC | Charged off (all years) | Loss ratio in SC | Units in SC |
|---|---|---|---|---|
| QUALITY INN | 67 | 4 of 43 | 0.8×NOT CLEAR | 55 |
| Days Inn | 64 | 11 of 45 | 1.5×NOT CLEAR | — |
| Super 8 | 30 | 3 of 21 | — | — |
| Comfort Inn | 27 | 1 of 21 | — | — |
| SLEEP INN | 25 | 0 of 16 | — | 18 |
| Best Western Inn | 24 | 0 of 15 | — | — |
| Red Roof Inn | 24 | 1 of 15 | — | — |
| Baymont Inn & Suites | 22 | 1 of 11 | — | — |
| Choice Hotels International | 21 | 6 of 20 | — | — |
| ECONO LODGE | 20 | 2 of 13 | — | 19 |
| Holiday Inn Express | 20 | 0 of 13 | — | — |
| Howard Johnson | 18 | 1 of 17 | — | — |
Other systems in Travelodge's sector whose franchisees borrowed in South Carolina. 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 Travelodge’s numbers, including talking you out of a bad deal.