Franchise brands › Comfort Inn
Franchise brand395 approvals since FY2010
SBA loans to Comfort Inn 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.
Since FY2010, 395 SBA loan approvals worth $1.12bn carry the Comfort Inn franchise code, 171 of them in FY2021 to FY2025.
In FY2025 there were 34, up 79% on FY2024. The average approval in the five-year window was $3.3M, and 44 of the approvals were 504 loans.
50 lenders made the FY2021 to FY2025 loans across 36 states; the most active were GBank (26), Millennium Bank (8) and Mortgage Capital Development Corporation (7).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.2% 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* | 22 | $80.6M | $3.7M | 8 | 288 |
| FY2025 | 34 | $122M | $3.6M | 14 | 390 |
| FY2024 | 19 | $63.7M | $3.4M | 5 | 178 |
| FY2023 | 26 | $79.1M | $3.0M | 8 | 402 |
| FY2022 | 40 | $128M | $3.2M | 9 | 444 |
| FY2021 | 52 | $178M | $3.4M | 8 | 748 |
| FY2020 | 30 | $84.6M | $2.8M | 9 | 472 |
| FY2019 | 43 | $108M | $2.5M | 14 | 568 |
| FY2018 | 40 | $117M | $2.9M | 14 | 563 |
| FY2017 | 3 | $6.1M | $2.0M | 3 | 31 |
| FY2016 | 5 | $10.7M | $2.1M | 4 | 55 |
SBA's franchise field lists the brand as "COMFORT INN"; "Comfort Inn". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Comfort Inn | All SBA loans |
|---|---|---|
| Approvals in these years | 254 | 725,496 |
| Cancelled or never disbursed | 31 | 91,827 |
| Disbursed loans | 223 | 633,669 |
| Paid in full | 139 | 471,304 |
| Charged off | 5 | 37,796 |
| Still outstanding (status exempt from disclosure) | 79 | 124,569 |
| Charged off, share of disbursed loans | 2.2% | 6.0% |
| Dollars charged off, share of disbursed dollars | 1.3% | 2.2% |
| Dollars charged off | $7.5M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | GBankLas Vegas, NV | 26 | $116M | 15.2% | |
| 2 | Millennium BankDes Plaines, IL | 8 | $31.7M | 4.7% | |
| 3 | Mortgage Capital Development CorporationOakland, CA · CDC | 7 | $20.7M | 4.1% | |
| 4 | Peoples BankMendenhall, MS | 6 | $19.4M | 3.5% | |
| 5 | Celtic Bank CorporationSalt Lake City, UT | 5 | $21.5M | 2.9% | |
| 6 | US Metro BankGarden Grove, CA | 5 | $18.8M | 2.9% | |
| 7 | First Western SBLC, LLCDallas, TX | 5 | $11.2M | 2.9% | |
| 8 | Commonwealth Business BankLos Angeles, CA | 4 | $16.2M | 2.3% | |
| 9 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $10.9M | 2.3% | |
| 10 | Florida Business Development CorporationTampa, FL · CDC | 4 | $10.1M | 2.3% | |
| 11 | Shoreham BankWarwick, RI | 3 | $12.0M | 1.8% | |
| 12 | Wallis BankWallis, TX | 3 | $11.2M | 1.8% | |
| 13 | Enterprise Bank & TrustClayton, MO | 3 | $10.4M | 1.8% | |
| 14 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $10.1M | 1.8% | |
| 15 | Farmers State Bank of Alto Pass, IllinoisAlto Pass, IL | 3 | $10.1M | 1.8% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 20 | 11.7% | |
| 2 | Georgia | 14 | 8.2% | |
| 3 | Florida | 12 | 7.0% | |
| 4 | Ohio | 12 | 7.0% | |
| 5 | Indiana | 11 | 6.4% | |
| 6 | North Carolina | 9 | 5.3% | |
| 7 | California | 9 | 5.3% | |
| 8 | Virginia | 7 | 4.1% | |
| 9 | Pennsylvania | 7 | 4.1% | |
| 10 | South Carolina | 5 | 2.9% | |
| 11 | Washington | 5 | 2.9% | |
| 12 | Utah | 5 | 2.9% | |
| 13 | Illinois | 5 | 2.9% | |
| 14 | Tennessee | 4 | 2.3% | |
| 15 | Oklahoma | 4 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 169 | 98.8% | |
| 2 | Office Supplies, Stationery, and Gift StoresNAICS 4532 | 1 | 0.6% | |
| 3 | Home Health Care ServicesNAICS 6216 | 1 | 0.6% |
Approval sizes
- $50,000 or less0.6%1
- $50,001 to $150,0000.6%1
- $150,001 to $350,0000.6%1
- $350,001 to $1 million4.1%7
- $1 million to $2 million14.6%25
- Over $2 million79.5%136
Age of the businesses
- Existing, more than 2 years old38.0%65
- New business, 2 years or less23.4%40
- Startup, loan funds will open the business10.5%18
- Change of ownership28.1%48
Questions and answers
How many SBA loans go to Comfort Inn franchises?
395 approvals since FY2010, worth $1.12bn; 171 in FY2021 to FY2025.
Which lenders make SBA loans for Comfort Inn franchises?
By approvals in FY2021 to FY2025: GBank (26), Millennium Bank (8), Mortgage Capital Development Corporation (7), Peoples Bank (6), Celtic Bank Corporation (5).
How large is a typical SBA loan for a Comfort Inn franchise?
The average approval in FY2021 to FY2025 was $3.3M.
What share of Comfort Inn SBA loans are charged off?
Of 223 disbursed loans approved in FY2010 to FY2021, 5 (2.2%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Comfort Inn franchises rising?
Approvals in the three latest complete fiscal years total 79, against 122 in the three before: falling (-35%).
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