What to know about Quality Inn franchise SBA loans
Quality Inn franchises project state SBA 7(a) loan approvals in 2020.
Quality Inn Franchise SBA Lending Highlights
2020 Year End
31 lenders approved 54 SBA 7(a) loans for $114,196,800. The average loan approval amount in 2020 was $2,114,756. SBA loans were approved to borrowers from 48 cities for projects in 25 states.
Historical
167 lenders approved 644 SBA 7(a) loans for $1,376,556,451. SBA loans were approved for borrowers from 454 cities, for projects in 43 states, with an average loan approval amount of $2,137,510.
SBA Rankings
#6 ranking in 2020 for all franchises in SBA loan approvals and #3 in approval amounts. For 2020 franchise loans in the Hotels and Motels industry Quality Inn ranks #1 for loan approvals and #3 for approval amounts.
Charge-offs (Defaults)
0.43% of loans were charged-off by SBA lenders for the 10-Year Period Ending 2019.
0.25% of loans were charged-off by SBA lenders for the 10-Year Period Ending 2018.
The difference between a charge-off and a default, and the SBA loan default paradox
Read our free SBA Franchise Report for Quality Inn for a full report, but below are a few highlights:
Historical SBA 7(a) Lending
Quality Inn Franchises
2020 Top 25 Franchise Brands
Hotels and Motels SBA 7(a) Loans
Loan Approvals
Approval Amounts
2020 Top 25 SBA Lenders
Quality Inn Franchise Loans
Loan Approvals
Approved Amounts
SBA 7(a) Lending Forecast
Our forecast model projects Quality Inn 2021 franchise SBA approvals at $148 million and for the Hotels and Motels industry we project $1.5 billion in SBA 7(a) approvals in 2021.
SBA Forecast: Quality Inn
SBA Forecast: Hotels and Motels
See our full (and free) SBA report on Quality Inn
This report has about everything a small business owner would want to know about SBA 7(a) loans to Quality Inn franchise businesses. See the top rankings, lenders, loan amounts, default data, forecasts, the top project states and borrower cities, and more.
