How much does it cost to open a Select Inn franchise?

The total initial investment to open a Select Inn franchise ranges $86,600 to $2,290,800, including an initial franchise fee of $18,500.

How many Select Inn franchise locations are there?

Select Inn has 2 total units, including 2 franchised locations.

How many SBA lenders fund Select Inn franchises?

Public SBA 7(a) and 504 loan records through December 31, 2025 show 4 distinct lenders made loans to Select Inn franchisees. PeerSense does not publish lender names for a brand. The right lender depends on location, loan size, credit profile, and unit count. Talk with PeerSense to discuss your financing needs and potential lender options.

When was the peak year for SBA lending to Select Inn franchises?

Select Inn franchises peaked at 2 SBA 7(a) approvals in fiscal year 2007. Recent-five-year activity is materially lower than the peak.

Which state has the most Select Inn SBA loans?

MN leads with 4 SBA-financed Select Inn locations. Average loan size across all Select Inn SBA approvals is $959,800; the top three lenders account for 80% of approvals.

What is the Select Inn PeerSense FPI score?

Select Inn has a PeerSense Franchise Performance Index (FPI) score of 20 out of 100 (Fair), based on SBA loan performance, lender confidence, and market data.

Select Inn

The total investment to open a Select Inn franchise ranges from $86,600 to $2.3M. The initial franchise fee is $18,500.

What is the Select Inn franchise?

Select Inn is a hotel franchise offering overnight stays to travelers. The estimated total initial investment is $86,600 to $2,290,800. The initial franchise fee is $18,500.

The brand was founded in 1990 and is headquartered in Breckenridge, Minnesota.

Loan Activity Score

20/100

SBA Default Rate

60.0%

Active Lenders

According to its Franchise Disclosure Document or public business records, Select Inn has 2 locations, all owned by franchisees. Public SBA loan records show 4 lenders made 5 loans to franchisees of Select Inn. PeerSense calculates Select Inn's score as 20 out of 100, using public SBA loan performance and recent lending activity.

Hotels (except Casino Hotels) and Motels

Franchising since 1990 · 2 locations

Investment

$86,600 to $2.3M

Franchise Fee

$18,500

Total Units

2 franchised

Loan Activity Score

Medium

SBA Lending

Lender Quality

Transparency

Reach

Momentum

Proprietary PeerSense metric

Limited

Capital Sources

4SBA lenders

Distinct lenders in public SBA records for Select Inn

Total SBA loans

$960K

Average loan size

Source: public SBA 7(a) and 504 loan records through December 31, 2025

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SBA Lending Activity for Select Inn

Loan Activity Score Breakdown

Emerging (3 to 9 loans)

Medium Confidence

20out of 100

Limited

Market Momentum3/35

Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.

Loan Safety0/25

Blended default rate (recent + all time) compared to NAICS sector peers.

Lender Confidence9/15

Quality lenders actively backing this brand, with penalty for lender pullback.

Transparency4/15

FDD availability, Item 19 disclosure, and overall data completeness.

Footprint4/10

Geographic spread of SBA funded locations across states.

SBA Lending Performance

SBA Default Rate

60.0%

vs 10.3% peer avg

SBA Loans

Total Volume

$4.8M

Active Lenders

1 selective

States

vs. SBA Sector Average

-49.7%higher default rate

SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors

Key Highlights

Franchise Financing Resources

Hospitality: Hotel Financing| CMBS Loans

Data Insights

Key performance metrics for Select Inn based on SBA lending data

SBA Default Rate

60.0%

49.7% above peer avg

SBA Loan Volume

5 loans

Across 4 lenders

Lender Diversity

4 lenders

Avg 1.3 loans per lender

Investment Tier

Premium investment

$86,600 to $2,290,800 total

Select Inn: Deep SBA Data

Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.

Peak SBA Year

2007

2 approvals. The best year on record for Select Inn.

Top SBA State

Minnesota

4 SBA financed Select Inn locations, the densest operator footprint.

Average Loan Size

$960K

Median $488K. Use as a sizing anchor when modeling your own Select Inn unit.

Lender Concentration

80%

Concentrated

Share of Select Inn approvals captured by the top 3 SBA lenders.

Select Inn's SBA lending pipeline peaked in 2007 (2 approvals). Operator density is highest in Minnesota with 4 SBA financed locations. Average funded ticket sits at $960K, with the median at $488K. Lender mix is concentrated: the top three SBA lenders account for 80% of approvals. Credit decisions concentrate with a small group of incumbents.

Payment Estimator

Loan Amount$69K

Interest Rate9.5%

Term (Years)10 yr

Estimated Monthly Payment

$896

Principal & Interest only

Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.

Locations

Select Inn, unit breakdown

Total Units

N/A

Franchisee Owned

n/a

System Owned

n/a

Closed

n/a

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Select Inn

Loan Activity Score: 20Lenders: 4

Page Review

Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense

PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
Edward L. Freeman founded PeerSense in January 2020.
He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page

Last reviewed October 2, 2026LinkedIn profile About Edward Freeman

Select Inn

What is the Select Inn franchise?

SBA Lending Activity for Select Inn

Loan Activity Score Breakdown

SBA Lending Performance

vs. SBA Sector Average

FDD Analysis

Talk to PeerSense

Key Highlights

Franchise Financing Resources

Data Insights

Select Inn: Deep SBA Data

Payment Estimator

Locations

Explore Funding for Select Inn

Page Review