Franchise brands › Baymont by Wyndham
Franchise brand202 approvals since FY2015
SBA loans to Baymont by Wyndham franchises
Approvals SBA files under the brand's franchise code. The loans are to independent franchise owners; this page describes the brand in aggregate and no franchisee.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA lists 202 loan approvals since FY2015 under the Baymont by Wyndham franchise brand, worth $484M; 103 of them came in FY2021 to FY2025.
In FY2025 there were 15, about level with FY2024. The average approval in the five-year window was $2.3M, and 12 of the approvals were 504 loans.
34 lenders made the FY2021 to FY2025 loans across 25 states; the most active were GBank (18), First Western SBLC, LLC (8) and Shoreham Bank (4).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.9% as charged off, below the 6.0% for all SBA loans from those years. The figures describe loans to independent franchise owners, not the franchisor.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Loans by fiscal year
| Fiscal year | Approvals | Dollars approved | Average approval | of which 504 | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 17 | $45.6M | $2.7M | 1 | 180 |
| FY2025 | 15 | $33.9M | $2.3M | 0 | 219 |
| FY2024 | 16 | $36.4M | $2.3M | 4 | 125 |
| FY2023 | 17 | $45.1M | $2.7M | 2 | 155 |
| FY2022 | 26 | $49.2M | $1.9M | 4 | 227 |
| FY2021 | 29 | $74.4M | $2.6M | 2 | 356 |
| FY2020 | 23 | $50.2M | $2.2M | 2 | 246 |
| FY2019 | 34 | $79.9M | $2.4M | 8 | 425 |
| FY2018 | 21 | $62.2M | $3.0M | 2 | 351 |
| FY2017 | 1 | — | — | 1 | 10 |
| FY2016 | 2 | — | — | 0 | 25 |
SBA's franchise field lists the brand as "Baymont by Wyndham / Baymont Inn & Suites". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Baymont by Wyndham | All SBA loans |
|---|---|---|
| Approvals in these years | 111 | 725,496 |
| Cancelled or never disbursed | 8 | 91,827 |
| Disbursed loans | 103 | 633,669 |
| Paid in full | 49 | 471,304 |
| Charged off | 3 | 37,796 |
| Still outstanding (status exempt from disclosure) | 51 | 124,569 |
| Charged off, share of disbursed loans | 2.9% | 6.0% |
| Dollars charged off, share of disbursed dollars | 2.2% | 2.2% |
| Dollars charged off | $5.7M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | GBankLas Vegas, NV | 18 | $50.7M | 17.5% | |
| 2 | First Western SBLC, LLCDallas, TX | 8 | $13.7M | 7.8% | |
| 3 | Shoreham BankWarwick, RI | 4 | $11.4M | 3.9% | |
| 4 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $10.3M | 3.9% | |
| 5 | Peoples BankMendenhall, MS | 4 | $9.7M | 3.9% | |
| 6 | Millennium BankDes Plaines, IL | 3 | $8.8M | 2.9% | |
| 7 | Celtic Bank CorporationSalt Lake City, UT | 3 | $7.5M | 2.9% | |
| 8 | First Port City BankBainbridge, GA | 3 | $4.0M | 2.9% | |
| 9 | US Metro BankGarden Grove, CA | 2 | — | 1.9% | |
| 10 | Centerstone SBA Lending, Inc.Los Angeles, CA | 2 | — | 1.9% | |
| 11 | Hanover Community BankMineola, NY | 2 | — | 1.9% | |
| 12 | United Midwest Savings Bank National AssociationDe Graff, OH | 2 | — | 1.9% | |
| 13 | Open BankLos Angeles, CA | 2 | — | 1.9% | |
| 14 | Enterprise Bank & TrustClayton, MO | 2 | — | 1.9% | |
| 15 | Mission Valley BankSun Valley, CA | 2 | — | 1.9% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Ohio | 12 | 11.7% | |
| 2 | Georgia | 12 | 11.7% | |
| 3 | Texas | 8 | 7.8% | |
| 4 | Indiana | 8 | 7.8% | |
| 5 | North Carolina | 6 | 5.8% | |
| 6 | Florida | 5 | 4.9% | |
| 7 | Tennessee | 5 | 4.9% | |
| 8 | California | 5 | 4.9% | |
| 9 | Michigan | 5 | 4.9% | |
| 10 | South Carolina | 4 | 3.9% | |
| 11 | Wisconsin | 4 | 3.9% | |
| 12 | Kansas | 3 | 2.9% | |
| 13 | Illinois | 3 | 2.9% | |
| 14 | Arkansas | 3 | 2.9% | |
| 15 | Kentucky | 3 | 2.9% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 103 | 100.0% |
Approval sizes
- $150,001 to $350,0004.9%5
- $350,001 to $1 million8.7%9
- $1 million to $2 million25.2%26
- Over $2 million61.2%63
Age of the businesses
- Existing, more than 2 years old25.2%26
- New business, 2 years or less26.2%27
- Startup, loan funds will open the business12.6%13
- Change of ownership35.9%37
Questions and answers
How many SBA loans go to Baymont by Wyndham franchises?
202 approvals since FY2015, worth $484M; 103 in FY2021 to FY2025.
Which lenders make SBA loans for Baymont by Wyndham franchises?
By approvals in FY2021 to FY2025: GBank (18), First Western SBLC, LLC (8), Shoreham Bank (4), Readycap Lending, LLC (4), Peoples Bank (4).
How large is a typical SBA loan for a Baymont by Wyndham franchise?
The average approval in FY2021 to FY2025 was $2.3M.
What share of Baymont by Wyndham SBA loans are charged off?
Of 103 disbursed loans approved in FY2010 to FY2021, 3 (2.9%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Baymont by Wyndham franchises rising?
Approvals in the three latest complete fiscal years total 48, against 78 in the three before: falling (-38%).
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error