How risky is Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho?

0.85% of Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho's FY2020–23 deals failed and were written off. Under 1% is excellent; 1–3% is normal; above 3% deserves hard questions before the LOI.

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho SBA Intelligence: Real Cost, Rates & Failure Rate

Q: How much does a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho cost to buy or open?

The typical deal for Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho is $1.5M across 145 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $165K of buyer cash on a typical deal.

Q: Can I finance a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho with an SBA loan?

Yes — Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho has been SBA-financed 19 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Recent financings

Anshi Hospitality QC LLC in Charlotte, NC — $3.7M (2026) · GBank

Program: Preferred Lenders Program
Rate at approval: 7.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.8M (75%)
Approval → funding: 30 days
Approved: 1/27/2026
First disbursed: 2/26/2026
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors
Jobs supported: 8
Business age: Existing or more than 2 years old
Industry: Hotels (except Casino Hotels) and Motels

Funded by GBank · Lender record →

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MKTURNER LLC in Longmont, CO — $1.4M (2026) · Bank of Hope

Program: Preferred Lenders Program
Rate at approval: 7.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.1M (75%)
Approved: 2/27/2026
Loan status: Committed
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 9
Business age: New Business or 2 years or less
Industry: Hotels (except Casino Hotels) and Motels

Econo Lodge Inn & Suites in Norton, VA — $1.2M (2026) · purchase · US Metro Bank

Program: Preferred Lenders Program
Rate at approval: 8.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $934K (75%)
Approval → funding: 10 days
Approved: 12/5/2025
First disbursed: 12/15/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Econolodge in La Junta, CO — $1.1M (2026) · purchase · US Metro Bank

Program: Preferred Lenders Program
Rate at approval: 8.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $818K (75%)
Approval → funding: 20 days
Approved: 11/19/2025
First disbursed: 12/9/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

SUNBEAM HOSPITALITY INC. in Rockford, IL — $3.0M (2025) · purchase · GBank

Program: Preferred Lenders Program
Rate at approval: 8.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.3M (75%)
Approval → funding: 8 days
Approved: 7/17/2025
First disbursed: 7/25/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

DMRA LLC in Augusta, GA — $2.9M (2025) · purchase · GBank

Program: Preferred Lenders Program
Rate at approval: 8.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $2.2M (75%)
Approval → funding: 7 days
Approved: 12/2/2024
First disbursed: 12/9/2024
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market: Loan sold to investors

Sal Hospitality, LLC in Phoenix, AZ — $2.8M (2025) · Celtic Bank Corporation

Program: Preferred Lenders Program
Rate at approval: 10.25% variable
Term: 306 months
SBA guaranteed: $2.1M (75%)
Approval → funding: 76 days
Approved: 9/10/2025
First disbursed: 11/25/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Jobs supported: 42

Econo Lodge Fort Knox Radcliff in Radcliff, KY — $2.5M (2025) · purchase · Centerstone SBA Lending, Inc.

Program: Preferred Lenders Program
Rate at approval: 9.25% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.9M (75%)
Approval → funding: 14 days
Approved: 11/4/2024
First disbursed: 11/18/2024
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Coastal Stays LLC in Yemassee, SC — $2.4M (2025) · Harvest Small Business Finance, LLC

Program: Preferred Lenders Program
Rate at approval: 10% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.8M (75%)
Approval → funding: 61 days
Approved: 9/26/2025
First disbursed: 11/26/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Hariyan, LLC in Russellville, AL — $2.2M (2025) · United Midwest Savings Bank National Association

Program: Preferred Lenders Program
Rate at approval: 8.75% variable
Term: 300 mo (25 yrs)
SBA guaranteed: $1.7M (75%)
Approval → funding: 17 days
Approved: 1/21/2025
First disbursed: 2/7/2025
Loan status: Current
Loan type: Term loan
Collateral: Required
Business type: Corporation
Secondary market

Hover or tap a deal for terms: program, rate, SBA guarantee, days to fund.

Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho, by the numbers

Recent financings

Who funds Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho — and where

Common questions

How much does a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho cost to buy or open?

How risky is Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho?

Can I finance a Econo Lodge by Choice Hotels/Econo Lodge Inn & Suites by Cho with an SBA loan?

AI summary