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 since 1991 (average $1,099,166)— 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 SC
15
Resolved
9
Local charge-off
thin
National charge-off
11.0%
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = SC. 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 SC | Local charge-off | Units in SC |
|---|---|---|---|
| Quality Inn/Quality Suites, Hotel Or Resort | 67 | 9.3% | — |
| Days Inn | 49 | 26.8% | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 40 | 3.3% | — |
| Holiday Inn Express/Holiday Inn Express & Suites | 38 | 12.0% | — |
| Red Roof Inn | 24 | 6.7% | — |
| Baymont Inn & Suites | 21 | 0.0% | — |
| Choice Hotels International | 21 | 30.0% | — |
| Econo Lodge Motel | 20 | 15.4% | — |
| Sleep Inn/Sleep Inn & Suites | 20 | 0.0% | — |
| Super 8 Motel | 20 | 18.8% | — |
| Howard Johnson | 18 | 5.9% | — |
| Ramada Inn | 16 | thin | — |
Same sector, same state, same public records — how Travelodge compares to the systems a buyer in South 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.
Talk to an independent CPA before you buy →