SBA Loans for HomeTowne Studios by Red Roof Franchises
Who actually funds HomeTowne Studios by Red Roof SBA 7(a) deals, and how much they lend. Sourced directly from SBA FOIA records covering every approved 7(a) loan from 2021 to 2026.
Top lenders funding HomeTowne Studios by Red Roof SBA loans
Ranked by number of HomeTowne Studios by Red Roof 7(a) loans approved since 2021.
| # | Lender | Loans | Total Volume | Avg Loan |
|---|---|---|---|---|
| 1 | GBank | 7 | $30.7M | $4.4M |
| 2 | US Metro Bank | 3 | $14.2M | $4.7M |
| 3 | Wallis Bank | 2 | $2.9M | $1.5M |
| 3 | The Huntington National Bank | 2 | $5.8M | $2.9M |
| 5 | Everwise Credit Union | 1 | $5.0M | $5.0M |
| 5 | Peoples Bank | 1 | $3.8M | $3.8M |
| 5 | The MINT National Bank | 1 | $1.5M | $1.5M |
Source: SBA FOIA 7(a) loan-level data, 2021 to 2026. Shows lenders with at least one approved HomeTowne Studios by Red Roof loan in this period, ranked by loan count.
HomeTowne Studios by Red Roof SBA loans by state
| State | Loans | Total Volume | Avg Loan |
|---|---|---|---|
| CO | 3 | $14.2M | $4.7M |
| TX | 4 | $12.9M | $3.2M |
| VA | 2 | $10.0M | $5.0M |
| NC | 1 | $4.8M | $4.8M |
| MI | 1 | $4.5M | $4.5M |
| MO | 1 | $3.8M | $3.8M |
| IL | 1 | $3.6M | $3.6M |
| SC | 1 | $3.0M | $3.0M |
| IN | 1 | $2.8M | $2.8M |
| PA | 1 | $2.8M | $2.8M |
| FL | 1 | $1.5M | $1.5M |
HomeTowne Studios by Red Roof SBA loans by year
How HomeTowne Studios by Red Roof SBA loans have performed
Outcomes for every funded HomeTowne Studios by Red Roof 7(a) loan approved since FY2010. Each SBA loan usually finances one location, so read these as an estimate of units.
Source: SBA FOIA 7(a) loan-level data. Defaulted means the SBA purchased the guaranty (charged off, or purchased and not yet charged off). Recent loans have had less time to default, and small loan counts swing widely, so one or two loans can move these percentages a lot.
SBA lender notes for HomeTowne Studios by Red Rooffrom the SBA Franchise Directory
1. Lender/CDC must review Applicant's revenue or projected revenue in accordance with SOP 50 10. Applicant is only eligible if the percentage of revenue derived from transients who stay for 30 days or less at a time is more than 50% of revenue for the prior year, or if Applicant is a Start-Up Business, projections show such revenue. 2. If Applicant also operates under a management agreement with a third party, Lender/CDC must review the management agreement in accordance with SOP 50 10 to determine if there is affiliation between the Applicant and the management company. The Applicant is not eligible if the management company is, or is affiliated with, the franchisor.
How to use this
The lenders above have actually closed SBA 7(a) loans for HomeTowne Studios by Red Roof franchisees, so they already understand the brand's model, unit economics, and franchise agreement. That familiarity usually means a faster, cleaner underwrite than a lender seeing the concept for the first time.
A lender being active historically doesn't mean they're the right fit for your deal size, location, or timing right now. That's where we come in, and we match your HomeTowne Studios by Red Roof deal to a lender currently funding this brand.
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