Franchise brands › Travelodge by Wyndham
Franchise brand92 approvals since FY2017
SBA loans to Travelodge by Wyndham 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 FY2017, 92 SBA loan approvals worth $185M carry the Travelodge by Wyndham franchise code, 47 of them in FY2021 to FY2025.
In FY2025 there were 8. The average approval in the five-year window was $2.2M, and 7 of the approvals were 504 loans.
32 lenders made the FY2021 to FY2025 loans across 20 states; the most active were GBank (9), Readycap Lending, LLC (2) 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* | 2 | — | — | 0 | 33 |
| FY2025 | 8 | $12.6M | $1.6M | 2 | 41 |
| FY2024 | 6 | $14.0M | $2.3M | 2 | 67 |
| FY2023 | 6 | $11.7M | $1.9M | 2 | 34 |
| FY2022 | 9 | $29.0M | $3.2M | 1 | 116 |
| FY2021 | 18 | $37.4M | $2.1M | 0 | 148 |
| FY2020 | 19 | $31.1M | $1.6M | 0 | 198 |
| FY2019 | 16 | $29.8M | $1.9M | 1 | 150 |
| FY2018 | 6 | $11.3M | $1.9M | 0 | 40 |
| FY2017 | 2 | — | — | 1 | 27 |
| FY2016 | 0 | — | — | 0 | 0 |
SBA's franchise field lists the brand as "Travelodge by Wyndham". Codes SBA has used for the same brand name are added together.
Charge-off cohort rate
| Loans approved FY2010–FY2021 | Travelodge by Wyndham | All SBA loans |
|---|---|---|
| Approvals in these years | 61 | 725,496 |
| Cancelled or never disbursed | 9 | 91,827 |
| Disbursed loans | 52 | 633,669 |
| Paid in full | 27 | 471,304 |
| Charged off | 0 | 37,796 |
| Still outstanding (status exempt from disclosure) | 25 | 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 | 9 | $21.0M | 19.1% | |
| 2 | Readycap Lending, LLCBerkeley Heights, NJ | 2 | — | 4.3% | |
| 3 | Hanmi BankLos Angeles, CA | 2 | — | 4.3% | |
| 4 | US Metro BankGarden Grove, CA | 2 | — | 4.3% | |
| 5 | Celtic Bank CorporationSalt Lake City, UT | 2 | — | 4.3% | |
| 6 | Shoreham BankWarwick, RI | 2 | — | 4.3% | |
| 7 | Commercial Bank of CaliforniaIrvine, CA | 2 | — | 4.3% | |
| 8 | First Western SBLC, LLCDallas, TX | 2 | — | 4.3% | |
| 9 | CDC Small Business Finance Corp.San Diego, CA · CDC | 1 | — | 2.1% | |
| 10 | IncredibleBankWausau, WI | 1 | — | 2.1% | |
| 11 | Port 51 Lending LLCNew York, NY | 1 | — | 2.1% | |
| 12 | Summit State BankSanta Rosa, CA | 1 | — | 2.1% | |
| 13 | America First Federal Credit UnionRiverdale, UT | 1 | — | 2.1% | |
| 14 | Bank of HopeLos Angeles, CA | 1 | — | 2.1% | |
| 15 | United Pacific BankCity of Industry, CA | 1 | — | 2.1% |
States
| # | State of the business, FY2021–FY2025 | Approvals | Share | |
|---|---|---|---|---|
| 1 | California | 9 | 19.1% | |
| 2 | Florida | 5 | 10.6% | |
| 3 | Michigan | 4 | 8.5% | |
| 4 | Colorado | 3 | 6.4% | |
| 5 | Washington | 3 | 6.4% | |
| 6 | New Mexico | 3 | 6.4% | |
| 7 | Virginia | 2 | 4.3% | |
| 8 | Indiana | 2 | 4.3% | |
| 9 | Arizona | 2 | 4.3% | |
| 10 | Oregon | 2 | 4.3% | |
| 11 | South Carolina | 2 | 4.3% | |
| 12 | Georgia | 2 | 4.3% | |
| 13 | Maryland | 1 | 2.1% | |
| 14 | Vermont | 1 | 2.1% | |
| 15 | Texas | 1 | 2.1% |
Filed under
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Traveler AccommodationNAICS 7211 | 47 | 100.0% |
Approval sizes
- $350,001 to $1 million14.9%7
- $1 million to $2 million31.9%15
- Over $2 million53.2%25
Age of the businesses
- Existing, more than 2 years old27.7%13
- New business, 2 years or less23.4%11
- Startup, loan funds will open the business2.1%1
- Change of ownership46.8%22
Questions and answers
How many SBA loans go to Travelodge by Wyndham franchises?
92 approvals since FY2017, worth $185M; 47 in FY2021 to FY2025.
Which lenders make SBA loans for Travelodge by Wyndham franchises?
By approvals in FY2021 to FY2025: GBank (9), Readycap Lending, LLC (2), Hanmi Bank (2), US Metro Bank (2), Celtic Bank Corporation (2).
How large is a typical SBA loan for a Travelodge by Wyndham franchise?
The average approval in FY2021 to FY2025 was $2.2M.
What share of Travelodge by Wyndham SBA loans are charged off?
Of 52 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 Travelodge by Wyndham franchises rising?
Approvals in the three latest complete fiscal years total 20, against 46 in the three before: falling (-57%).
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