Palace Inn
2
SBA Loans
$6.3M
Total Financed
$3.2M
Avg Loan Size
—
YoY Loan Growth
How Palace Inn Compares
- Ranks #91 of 115 Hotels & Lodging brands by SBA loan count (#2,267 of 3,543 overall).
- Its average loan of $3.2M is 13% above the Hotels & Lodging median of $2.8M.
- With only 2 loans on record, its own charge-off rate isn't statistically meaningful -- for context, Hotels & Lodging brands overall see a 0.1% charge-off rate across 3,663 loans.
SBA Loan Activity by Fiscal Year
| Fiscal Year | Loans | Total Financed |
|---|---|---|
| FY2022 | 2 | $6.3M |
FY2022 may be a partial year -- the SBA dataset is refreshed quarterly and the most recent fiscal year is often incomplete.
Where Palace Inn Is Getting SBA-Financed
Recent SBA-Financed Palace Inn Locations
Borrower names and amounts as reported in the SBA's public 7(a) loan dataset.
Frequently Asked Questions
Is Palace Inn growing or shrinking?
Palace Inn doesn't have enough SBA loan activity in both FY2021 and FY2022 to calculate a reliable year-over-year trend. For context, it ranks #91 of 115 Hotels & Lodging brands by total SBA loan count since FY2020 -- a snapshot of scale, if not of trend.
How much does it cost to open a Palace Inn franchise?
We don't have that figure -- investment ranges and fees come from a franchisor's Franchise Disclosure Document (FDD), which this site doesn't parse (see methodology). The average SBA loan size of $3.2M (13% above the typical Hotels & Lodging brand's $2.8M) is a rough proxy, but SBA loans often cover only part of total investment.
What's the SBA loan default rate for Palace Inn?
Palace Inn only has 2 SBA loans on record -- too few to calculate a meaningful charge-off rate on its own. For context, Hotels & Lodging brands overall see a 0.1% charge-off rate across 3,663 loans.
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Get the Franchise SBA Financing Model -- an editable amortization, P&L, and breakeven calculator. $19.
Source: SBA 7(a) FOIA loan dataset. View dataset