SBA 7(a)/504 FOIA · FY1991–PRESENT · INDIANA
Wingate Inns franchise in Indiana: what the public record shows
Franchisees of Wingate Inns in Indiana have taken 5 SBA loans in the FY1991–present FOIA files (average $2,140,800). 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 IN
5
Charged off (all years)
0 of 4
Loss ratio in IN
—
Loss ratio nationally (not clear)
0.7×
Source: SBA 7(a)/504 FOIA files (data.sba.gov), borrower state = IN. 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 IN | Charged off (all years) | Loss ratio in IN | Units in IN |
|---|---|---|---|---|
| Super 8 | 75 | 9 of 53 | 1.1×NOT CLEAR | — |
| QUALITY INN | 55 | 3 of 33 | — | 49 |
| Best Western Inn | 48 | 7 of 28 | — | — |
| Comfort Inn | 46 | 2 of 27 | — | — |
| Days Inn | 44 | 8 of 29 | — | — |
| Holiday Inn Express | 37 | 1 of 23 | — | — |
| Baymont Inn & Suites | 33 | 0 of 21 | — | — |
| Red Roof Inn | 26 | 0 of 17 | — | — |
| Motel 6 | 22 | 1 of 12 | — | — |
| Comfort/ Comfort Inn & Suites/ Comfort Suites | 20 | 1 of 15 | — | — |
| Ramada Inn | 20 | 5 of 17 | — | — |
| Knights Inn | 13 | 5 of 12 | — | — |
Other systems in Wingate Inns's sector whose franchisees borrowed in Indiana. A loss ratio appears only where at least 30 loans approved through FY2020 have resolved; “—” means too few.
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