SBA 7(a)/504 FOIA · FY1991–PRESENT · GEORGIA
Wingate Inns franchise in Georgia: what the public record shows
Franchisees of Wingate Inns in Georgia have taken 26 SBA loans in the FY1991–present FOIA files (average $2,528,196). Fewer than 30 of them were approved through FY2020 and have resolved, so no local loss ratio is published. Wingate Inns's national ratio is 0.7× (not clearly different from 1.0×).
Loans in GA
26
Charged off (all years)
2 of 18
Loss ratio in GA
—
Loss ratio nationally (not clear)
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = GA. 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 GA | Charged off (all years) | Loss ratio in GA | Units in GA |
|---|---|---|---|---|
| Days Inn | 140 | 11 of 98 | 0.8×NOT CLEAR | — |
| QUALITY INN | 88 | 3 of 45 | 0.6×NOT CLEAR | 98 |
| Super 8 | 86 | 13 of 59 | 1.4×NOT CLEAR | — |
| Comfort Inn | 70 | 6 of 49 | 0.9×NOT CLEAR | — |
| ECONO LODGE | 61 | 3 of 33 | 0.6×NOT CLEAR | 51 |
| Best Western Inn | 60 | 4 of 40 | 0.8×NOT CLEAR | — |
| Hampton Inns | 57 | 3 of 32 | 0.7×NOT CLEAR | — |
| Motel 6 | 49 | 0 of 25 | — | — |
| Country Inn | 45 | 5 of 27 | — | 36 |
| Holiday Inn Express | 43 | 7 of 25 | — | — |
| Red Roof Inn | 42 | 3 of 28 | — | — |
| Baymont Inn & Suites | 40 | 2 of 18 | — | — |
Other systems in Wingate Inns's sector whose franchisees borrowed in Georgia. 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 Wingate Inns’ numbers, including talking you out of a bad deal.