Franchise brands › Red Roof Inn
Franchise brand435 approvals since FY2010
SBA loans to Red Roof 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, 435 SBA loan approvals worth $957M carry the Red Roof Inn franchise code, 129 of them in FY2021 to FY2025.
In FY2025 there were 16, down 11% on FY2024. The average approval in the five-year window was $2.6M, and 7 of the approvals were 504 loans.
31 lenders made the FY2021 to FY2025 loans across 30 states; the most active were GBank (23), Peoples Bank (12) and Shoreham Bank (10).
Of loans approved in FY2010 to FY2021 and disbursed, SBA records 0.6% 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 | $73.8M | $3.4M | 4 | 219 |
| FY2025 | 16 | $48.6M | $3.0M | 1 | 185 |
| FY2024 | 18 | $49.5M | $2.7M | 2 | 218 |
| FY2023 | 13 | $28.9M | $2.2M | 2 | 199 |
| FY2022 | 32 | $84.2M | $2.6M | 0 | 387 |
| FY2021 | 50 | $123M | $2.5M | 2 | 603 |
| FY2020 | 43 | $103M | $2.4M | 3 | 476 |
| FY2019 | 34 | $77.9M | $2.3M | 2 | 395 |
| FY2018 | 44 | $108M | $2.5M | 0 | 514 |
| FY2017 | 32 | $52.6M | $1.6M | 5 | 364 |
| FY2016 | 28 | $52.4M | $1.9M | 5 | 312 |
SBA's franchise field lists the brand as "RED ROOF INN"; "Red Roof Inn". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Red Roof Inn | All SBA loans |
|---|---|---|
| Approvals in these years | 334 | 725,496 |
| Cancelled or never disbursed | 25 | 91,827 |
| Disbursed loans | 309 | 633,669 |
| Paid in full | 219 | 471,304 |
| Charged off | 2 | 37,796 |
| Still outstanding (status exempt from disclosure) | 88 | 124,569 |
| Charged off, share of disbursed loans | 0.6% | 6.0% |
| Dollars charged off, share of disbursed dollars | 0.1% | 2.2% |
| Dollars charged off | $705K | $6.20bn |
Lenders
| # | Lender, FY2021–FY2025 | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | GBankLas Vegas, NV | 23 | $68.3M | 17.8% | |
| 2 | Peoples BankMendenhall, MS | 12 | $27.4M | 9.3% | |
| 3 | Shoreham BankWarwick, RI | 10 | $25.2M | 7.8% | |
| 4 | First Western SBLC, LLCDallas, TX | 10 | $24.2M | 7.8% | |
| 5 | The Huntington National BankColumbus, OH | 8 | $20.0M | 6.2% | |
| 6 | Celtic Bank CorporationSalt Lake City, UT | 6 | $18.0M | 4.7% | |
| 7 | Wallis BankWallis, TX | 6 | $15.6M | 4.7% | |
| 8 | Hanover Community BankMineola, NY | 4 | $13.7M | 3.1% | |
| 9 | Peapack Private Bank and TrustBedminster, NJ | 3 | $11.6M | 2.3% | |
| 10 | Embassy National BankLawrenceville, GA | 3 | $8.1M | 2.3% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 3 | $7.9M | 2.3% | |
| 12 | Millennium BankDes Plaines, IL | 3 | $5.6M | 2.3% | |
| 13 | HomeTrust BankAsheville, NC | 3 | $5.1M | 2.3% | |
| 14 | Mid Penn BankMillersburg, PA | 3 | $2.9M | 2.3% | |
| 15 | Farmers State Bank of Alto Pass, IllinoisAlto Pass, IL | 2 | — | 1.6% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | Texas | 13 | 10.1% | |
| 2 | Georgia | 10 | 7.8% | |
| 3 | South Carolina | 10 | 7.8% | |
| 4 | Pennsylvania | 9 | 7.0% | |
| 5 | Michigan | 8 | 6.2% | |
| 6 | New York | 7 | 5.4% | |
| 7 | Indiana | 7 | 5.4% | |
| 8 | Ohio | 7 | 5.4% | |
| 9 | North Carolina | 6 | 4.7% | |
| 10 | Florida | 6 | 4.7% | |
| 11 | Alabama | 5 | 3.9% | |
| 12 | Illinois | 5 | 3.9% | |
| 13 | Missouri | 5 | 3.9% | |
| 14 | Virginia | 4 | 3.1% | |
| 15 | Maryland | 3 | 2.3% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 128 | 99.2% | |
| 2 | Other Professional, Scientific, and Technical ServicesNAICS 5419 | 1 | 0.8% |
Approval sizes
- $50,001 to $150,0001.6%2
- $350,001 to $1 million3.1%4
- $1 million to $2 million29.5%38
- Over $2 million65.9%85
Age of the businesses
- Existing, more than 2 years old21.7%28
- New business, 2 years or less24.0%31
- Startup, loan funds will open the business14.0%18
- Change of ownership40.3%52
Questions and answers
How many SBA loans go to Red Roof Inn franchises?
435 approvals since FY2010, worth $957M; 129 in FY2021 to FY2025.
Which lenders make SBA loans for Red Roof Inn franchises?
By approvals in FY2021 to FY2025: GBank (23), Peoples Bank (12), Shoreham Bank (10), First Western SBLC, LLC (10), The Huntington National Bank (8).
How large is a typical SBA loan for a Red Roof Inn franchise?
The average approval in FY2021 to FY2025 was $2.6M.
What share of Red Roof Inn SBA loans are charged off?
Of 309 disbursed loans approved in FY2010 to FY2021, 2 (0.6%) are recorded as charged off; for all SBA loans from those years the figure is 6.0%.
Are SBA loans to Red Roof Inn franchises rising?
Approvals in the three latest complete fiscal years total 47, against 125 in the three before: falling (-62%).
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