Franchise brands › Ramada
Franchise brand91 approvals since FY2016
SBA loans to Ramada 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 FY2016, 91 SBA loan approvals worth $246M carry the Ramada franchise code, 47 of them in FY2021 to FY2025.
In FY2025 there were 7. The average approval in the five-year window was $2.6M, and 11 of the approvals were 504 loans.
31 lenders made the FY2021 to FY2025 loans across 27 states; the most active were GBank (7), First Western SBLC, LLC (4) and Hanmi Bank (2).
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* | 5 | $12.7M | $2.5M | 1 | 30 |
| FY2025 | 7 | $21.1M | $3.0M | 3 | 69 |
| FY2024 | 8 | $20.8M | $2.6M | 2 | 173 |
| FY2023 | 4 | $10.0M | $2.5M | 2 | 36 |
| FY2022 | 9 | $21.6M | $2.4M | 3 | 123 |
| FY2021 | 19 | $48.3M | $2.5M | 1 | 304 |
| FY2020 | 10 | $28.4M | $2.8M | 2 | 137 |
| FY2019 | 10 | $39.0M | $3.9M | 2 | 323 |
| FY2018 | 15 | $38.5M | $2.6M | 1 | 294 |
| FY2017 | 3 | $4.4M | $1.5M | 3 | 31 |
| FY2016 | 1 | — | — | 1 | 16 |
SBA's franchise field lists the brand as "Ramada / Ramada by Wyndham / Ramada Plaza / Ramada Plaza by Wyndham". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Ramada | All SBA loans |
|---|---|---|
| Approvals in these years | 58 | 725,496 |
| Cancelled or never disbursed | 4 | 91,827 |
| Disbursed loans | 54 | 633,669 |
| Paid in full | 33 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 21 | 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 | 7 | $18.6M | 14.9% | |
| 2 | First Western SBLC, LLCDallas, TX | 4 | $11.5M | 8.5% | |
| 3 | Hanmi BankLos Angeles, CA | 2 | — | 4.3% | |
| 4 | Wallis BankWallis, TX | 2 | — | 4.3% | |
| 5 | Mortgage Capital Development CorporationOakland, CA · CDC | 2 | — | 4.3% | |
| 6 | Peoples BankMendenhall, MS | 2 | — | 4.3% | |
| 7 | New Millennium BankFort Lee, NJ | 2 | — | 4.3% | |
| 8 | Metro City BankDoraville, GA | 2 | — | 4.3% | |
| 9 | Mountain West Small Business FinanceSalt Lake City, UT · CDC | 2 | — | 4.3% | |
| 10 | Hanover Community BankMineola, NY | 1 | — | 2.1% | |
| 11 | Millennium BankDes Plaines, IL | 1 | — | 2.1% | |
| 12 | US Metro BankGarden Grove, CA | 1 | — | 2.1% | |
| 13 | Mountain Pacific BankEverett, WA | 1 | — | 2.1% | |
| 14 | Western Commerce BankCarlsbad, NM | 1 | — | 2.1% | |
| 15 | Bank of HopeLos Angeles, CA | 1 | — | 2.1% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Colorado | 5 | 10.6% | |
| 2 | California | 4 | 8.5% | |
| 3 | Michigan | 3 | 6.4% | |
| 4 | New Mexico | 3 | 6.4% | |
| 5 | Texas | 3 | 6.4% | |
| 6 | New York | 3 | 6.4% | |
| 7 | Washington | 2 | 4.3% | |
| 8 | Kentucky | 2 | 4.3% | |
| 9 | Arkansas | 2 | 4.3% | |
| 10 | Illinois | 2 | 4.3% | |
| 11 | Alabama | 2 | 4.3% | |
| 12 | Maine | 1 | 2.1% | |
| 13 | Virginia | 1 | 2.1% | |
| 14 | South Carolina | 1 | 2.1% | |
| 15 | Georgia | 1 | 2.1% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 47 | 100.0% |
Approval sizes
- $350,001 to $1 million4.3%2
- $1 million to $2 million31.9%15
- Over $2 million63.8%30
Age of the businesses
- Existing, more than 2 years old40.4%19
- New business, 2 years or less17.0%8
- Startup, loan funds will open the business12.8%6
- Change of ownership29.8%14
Questions and answers
How many SBA loans go to Ramada franchises?
91 approvals since FY2016, worth $246M; 47 in FY2021 to FY2025.
Which lenders make SBA loans for Ramada franchises?
By approvals in FY2021 to FY2025: GBank (7), First Western SBLC, LLC (4), Hanmi Bank (2), Wallis Bank (2), Mortgage Capital Development Corporation (2).
How large is a typical SBA loan for a Ramada franchise?
The average approval in FY2021 to FY2025 was $2.6M.
What share of Ramada SBA loans are charged off?
Of 54 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 Ramada franchises rising?
Approvals in the three latest complete fiscal years total 19, against 38 in the three before: falling (-50%).
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