Main Street Registry

CML Hospitality, LLC

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

CML Hospitality, LLC is a hotel and motel business located in Tucson, Arizona, in the Hotels (except Casino Hotels) and Motels industry. The company financed real estate or equipment through an SBA 504 loan of $3.36 million, approved on December 19, 2024, with Southwest Heritage Bank as the lender and The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Dec 19, 2024

$3,360,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$3,360,000
Bank portion
$4,693,000
Estimated project size
$8,947,778 (estimated)
Estimated owner equity
$894,778 (estimated, about 10% of the project)
Bank lender
Southwest Heritage Bank, Scottsdale, AZ
CDC
The Mortgage Capital Development Corporation
Processing method
Premier Certified Lenders Program: CDC approved under delegated SBA authority
Term
25 years (300 months)
Estimated maturity
December 19, 2049 (estimated, approval date plus term)
First disbursement
Sep 16, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
23
Business type
Corporation
NAICS
721110, Hotels (except Casino Hotels) and Motels
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 66% 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