Franchise brands › Holiday Inn
Franchise brand314 approvals since FY2010
SBA loans to Holiday 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, 314 SBA loan approvals worth $984M carry the Holiday Inn franchise code, 24 of them in FY2021 to FY2025.
In FY2025 there were 7. The average approval in the five-year window was $4.2M, and 14 of the approvals were 504 loans.
18 lenders made the FY2021 to FY2025 loans across 15 states; the most active were Millennium Bank (4), Empire State Certified Development Corporation (3) and Capital Certified Development Corporation (2).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 2.7% 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* | 7 | $29.4M | $4.2M | 4 | 102 |
| FY2025 | 7 | $27.2M | $3.9M | 5 | 107 |
| FY2024 | 6 | $23.7M | $4.0M | 5 | 151 |
| FY2023 | 4 | $17.8M | $4.5M | 1 | 129 |
| FY2022 | 3 | $12.8M | $4.3M | 2 | 118 |
| FY2021 | 4 | $18.6M | $4.6M | 1 | 125 |
| FY2020 | 4 | $13.7M | $3.4M | 2 | 216 |
| FY2019 | 4 | $17.2M | $4.3M | 2 | 105 |
| FY2018 | 35 | $123M | $3.5M | 22 | 701 |
| FY2017 | 34 | $115M | $3.4M | 20 | 694 |
| FY2016 | 50 | $148M | $3.0M | 25 | 968 |
SBA's franchise field lists the brand as "HOLIDAY INN"; "Holiday Inn/Holiday Inn & Suites/Holiday Inn Resort". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Holiday Inn | All SBA loans |
|---|---|---|
| Approvals in these years | 287 | 725,496 |
| Cancelled or never disbursed | 61 | 91,827 |
| Disbursed loans | 226 | 633,669 |
| Paid in full | 138 | 471,304 |
| Charged off | 6 | 37,796 |
| Still outstanding (status exempt from disclosure) | 82 | 124,569 |
| Charged off, share of disbursed loans | 2.7% | 6.0% |
| Dollars charged off, share of disbursed dollars | 1.9% | 2.2% |
| Dollars charged off | $13.3M | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Millennium BankDes Plaines, IL | 4 | $18.4M | 16.7% | |
| 2 | Empire State Certified Development CorporationLatham, NY · CDC | 3 | $12.8M | 12.5% | |
| 3 | Capital Certified Development CorporationAustin, TX · CDC | 2 | — | 8.3% | |
| 4 | South Central Tennessee Business Development CorporationMt. Pleasant, TN · CDC | 1 | — | 4.2% | |
| 5 | New Millennium BankFort Lee, NJ | 1 | — | 4.2% | |
| 6 | T Bank, National AssociationDallas, TX | 1 | — | 4.2% | |
| 7 | Cogent BankOrlando, FL | 1 | — | 4.2% | |
| 8 | GBankLas Vegas, NV | 1 | — | 4.2% | |
| 9 | Enterprise Bank & TrustClayton, MO | 1 | — | 4.2% | |
| 10 | E.C.I.A. Business Growth, Inc.Dubuque, IA · CDC | 1 | — | 4.2% | |
| 11 | Merchants Bank of IndianaCarmel, IN | 1 | — | 4.2% | |
| 12 | Northwest Business Development AssociationSpokane Valley, WA · CDC | 1 | — | 4.2% | |
| 13 | Rockford Local Development CorporationRockford, IL · CDC | 1 | — | 4.2% | |
| 14 | New England Certified Development CorporationWakefield, MA · CDC | 1 | — | 4.2% | |
| 15 | Brightbridge, Inc.Chattanooga, TN · CDC | 1 | — | 4.2% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | New York | 4 | 16.7% | |
| 2 | Texas | 3 | 12.5% | |
| 3 | Illinois | 3 | 12.5% | |
| 4 | Tennessee | 2 | 8.3% | |
| 5 | Alabama | 2 | 8.3% | |
| 6 | Louisiana | 1 | 4.2% | |
| 7 | Missouri | 1 | 4.2% | |
| 8 | Ohio | 1 | 4.2% | |
| 9 | Iowa | 1 | 4.2% | |
| 10 | Oklahoma | 1 | 4.2% | |
| 11 | Washington | 1 | 4.2% | |
| 12 | Indiana | 1 | 4.2% | |
| 13 | Connecticut | 1 | 4.2% | |
| 14 | Georgia | 1 | 4.2% | |
| 15 | New Mexico | 1 | 4.2% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 24 | 100.0% |
Approval sizes
- Over $2 million100.0%24
Age of the businesses
- Existing, more than 2 years old37.5%9
- New business, 2 years or less12.5%3
- Startup, loan funds will open the business37.5%9
- Change of ownership12.5%3
Questions and answers
How many SBA loans go to Holiday Inn franchises?
314 approvals since FY2010, worth $984M; 24 in FY2021 to FY2025.
Which lenders make SBA loans for Holiday Inn franchises?
By approvals in FY2021 to FY2025: Millennium Bank (4), Empire State Certified Development Corporation (3), Capital Certified Development Corporation (2), South Central Tennessee Business Development Corporation (1), New Millennium Bank (1).
How large is a typical SBA loan for a Holiday Inn franchise?
The average approval in FY2021 to FY2025 was $4.2M.
What share of Holiday Inn SBA loans are charged off?
Of 226 disbursed loans approved in FY2010 to FY2021, 6 (2.7%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Holiday Inn franchises rising?
Approvals in the three latest complete fiscal years total 17, against 11 in the three before: rising (+55%).
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