Econo Lodge
147
SBA Loans
$253.1M
Total Financed
$1.7M
Avg Loan Size
+88%
YoY Loan Growth
How Econo Lodge Compares
- Ranks #9 of 115 Hotels & Lodging brands by SBA loan count (#41 of 3,543 overall).
- Its average loan of $1.7M is 39% below the Hotels & Lodging median of $2.8M.
- Its 0.7% charge-off rate compares to a 0.1% average across all Hotels & Lodging brands.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2020 | 33 | $48.0M |
| FY2021 | 43 | $68.8M |
| FY2022 | 27 | $53.6M |
| FY2023 | 15 | $27.8M |
| FY2024 | 8 | $17.0M |
| FY2025 | 15 | $27.9M |
| FY2026 | 6 | $9.9M |
FY2026 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Econo Lodge Is Getting SBA-Financed
Recent SBA-Financed Econo Lodge Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Econo Lodge growing or shrinking?
Econo Lodge's SBA loan count grew +88% year-over-year, suggesting rising financed expansion. This reflects SBA-backed financing activity, not necessarily total unit count -- see the methodology page for what this does and doesn't measure.
How much does it cost to open a Econo Lodge franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $1.7M (39% below the typical Hotels & Lodging brand's $2.8M) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Econo Lodge?
1 of 147 SBA loans to Econo Lodge franchisees (0.7%) have been charged off since FY2020, compared to 0.1% across all Hotels & Lodging brands.
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Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset