Franchise brands › Fairfield by Marriott
Franchise brand113 approvals since FY2015
SBA loans to Fairfield by Marriott 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 113 loan approvals since FY2015 under the Fairfield by Marriott franchise brand, worth $427M; 71 of them came in FY2021 to FY2025.
In FY2025 there were 19, up 90% on FY2024. The average approval in the five-year window was $3.9M, and 29 of the approvals were 504 loans.
47 lenders made the FY2021 to FY2025 loans across 28 states; the most active were GBank (4), Florida First Capital Finance Corporation, Inc. (4) and Readycap Lending, LLC (4).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 0.0% 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* | 13 | $47.8M | $3.7M | 2 | 191 |
| FY2025 | 19 | $78.9M | $4.2M | 9 | 326 |
| FY2024 | 10 | $28.1M | $2.8M | 8 | 132 |
| FY2023 | 11 | $43.2M | $3.9M | 2 | 207 |
| FY2022 | 16 | $67.0M | $4.2M | 8 | 291 |
| FY2021 | 15 | $63.2M | $4.2M | 2 | 328 |
| FY2020 | 6 | $23.3M | $3.9M | 5 | 96 |
| FY2019 | 5 | $19.7M | $3.9M | 4 | 101 |
| FY2018 | 9 | $26.0M | $2.9M | 6 | 108 |
| FY2017 | 2 | — | — | 2 | 66 |
| FY2016 | 5 | $16.8M | $3.4M | 5 | 116 |
SBA's franchise field lists the brand as "Fairfield by Marriott/Fairfield Inn & Suites by Marriott/Fairfield Inn by Marriott/Fairfield by Marriott Inn & Suites". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Fairfield by Marriott | All SBA loans |
|---|---|---|
| Approvals in these years | 44 | 725,496 |
| Cancelled or never disbursed | 4 | 91,827 |
| Disbursed loans | 40 | 633,669 |
| Paid in full | 17 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 23 | 124,569 |
| Charged off, share of disbursed loans | 0.0% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.0% | 2.2% |
| Dollars charged off | $0 | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | GBankLas Vegas, NV | 4 | $18.4M | 5.6% | |
| 2 | Florida First Capital Finance Corporation, Inc.Tallahassee, FL · CDC | 4 | $16.2M | 5.6% | |
| 3 | Readycap Lending, LLCBerkeley Heights, NJ | 4 | $14.7M | 5.6% | |
| 4 | Shoreham BankWarwick, RI | 4 | $13.9M | 5.6% | |
| 5 | First Western SBLC, LLCDallas, TX | 3 | $12.2M | 4.2% | |
| 6 | Summit State BankSanta Rosa, CA | 2 | — | 2.8% | |
| 7 | Everwise Credit UnionSouth Bend, IN | 2 | — | 2.8% | |
| 8 | Open BankLos Angeles, CA | 2 | — | 2.8% | |
| 9 | Millennium BankDes Plaines, IL | 2 | — | 2.8% | |
| 10 | US Metro BankGarden Grove, CA | 2 | — | 2.8% | |
| 11 | Capital Partners Certified Development CompanyAtlanta, GA · CDC | 2 | — | 2.8% | |
| 12 | Mortgage Capital Development CorporationOakland, CA · CDC | 2 | — | 2.8% | |
| 13 | Florida Business Development CorporationTampa, FL · CDC | 2 | — | 2.8% | |
| 14 | Alloy Development Co., Inc.Cincinnati, OH · CDC | 2 | — | 2.8% | |
| 15 | Commonwealth Business BankLos Angeles, CA | 1 | — | 1.4% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 11 | 15.5% | |
| 2 | Georgia | 8 | 11.3% | |
| 3 | Ohio | 7 | 9.9% | |
| 4 | Florida | 6 | 8.5% | |
| 5 | Nebraska | 4 | 5.6% | |
| 6 | Michigan | 4 | 5.6% | |
| 7 | California | 3 | 4.2% | |
| 8 | Oklahoma | 3 | 4.2% | |
| 9 | Arkansas | 2 | 2.8% | |
| 10 | Indiana | 2 | 2.8% | |
| 11 | Illinois | 2 | 2.8% | |
| 12 | Utah | 2 | 2.8% | |
| 13 | Washington | 2 | 2.8% | |
| 14 | New Jersey | 1 | 1.4% | |
| 15 | Tennessee | 1 | 1.4% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 70 | 98.6% | |
| 2 | Management of Companies and EnterprisesNAICS 5511 | 1 | 1.4% |
Approval sizes
- $50,000 or less1.4%1
- $150,001 to $350,0001.4%1
- $1 million to $2 million4.2%3
- Over $2 million93.0%66
Age of the businesses
- Existing, more than 2 years old19.7%14
- New business, 2 years or less23.9%17
- Startup, loan funds will open the business26.8%19
- Change of ownership29.6%21
Questions and answers
How many SBA loans go to Fairfield by Marriott franchises?
113 approvals since FY2015, worth $427M; 71 in FY2021 to FY2025.
Which lenders make SBA loans for Fairfield by Marriott franchises?
By approvals in FY2021 to FY2025: GBank (4), Florida First Capital Finance Corporation, Inc. (4), Readycap Lending, LLC (4), Shoreham Bank (4), First Western SBLC, LLC (3).
How large is a typical SBA loan for a Fairfield by Marriott franchise?
The average approval in FY2021 to FY2025 was $3.9M.
What share of Fairfield by Marriott SBA loans are charged off?
Of 40 disbursed loans approved in FY2010 to FY2021, 0 (0.0%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Fairfield by Marriott franchises rising?
Approvals in the three latest complete fiscal years total 40, against 37 in the three before: broadly level (+8%).
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