Main Street Registry

6935 Hotel OC LLC

Tucson, AZ · Hotels (except Casino Hotels) and Motels · NAICS 721110

6935 Hotel OC LLC is a hotel business in Tucson, Arizona, classified under the NAICS industry for hotels (except casino hotels) and motels. The company financed real estate or equipment through an SBA 504 loan of $3,185,000, approved on July 9, 2024, with America First Federal Credit Union as the partner bank and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Jul 9, 2024

$3,185,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,185,000
Bank portion
$4,446,400
Estimated project size
$8,479,333 (estimated)
Estimated owner equity
$847,933 (estimated, about 10% of the project)
Bank lender
America First Federal Credit Union, Riverdale, UT
CDC
The Mortgage Capital Development Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 9, 2049 (estimated, approval date plus term)
First disbursement
Oct 15, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
12
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
Franchise
Spark by Hilton
Project location
Pima County, AZ
SBA district office
Arizona District Office
Congressional district
AZ-2
Collateral
Yes

Estimated share of project by source

Bank 52% SBA (CDC) 38% Owner 10%

  • Larger than 63% of expansion loans in Hotels (except Casino Hotels) and Motels on this site.
  • Average expansion loan in Hotels (except Casino Hotels) and Motels: $2,843,226.
  • Average expansion loan in Arizona: $2,074,452.

Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.

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Same industry in Arizona