La Morenita Tortilleria, Inc.
La Morenita Tortilleria, Inc. is a commercial bakery located in Woodburn, Oregon, classified under the industry Commercial Bakeries (NAICS 311812). The business financed real estate or equipment through an SBA 504 loan of $2,544,000, approved on June 15, 2026, with Happen Bank as the lender and The Mortgage Capital Development Corporation as the certified development company.
SBA 504 loan, approved Jun 15, 2026
$2,544,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $2,544,000
- Bank portion
- $2,790,502
- Estimated project size
- $5,927,224 (estimated)
- Estimated owner equity
- $592,722 (estimated, about 10% of the project)
- Bank lender
- Happen Bank, Lehi, UT
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- June 15, 2051 (estimated, approval date plus term)
- First disbursement
- Sep 16, 2026
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 311812, Commercial Bakeries
- Project location
- Marion County, OR
- SBA district office
- Portland District Office
- Congressional district
- OR-5
- Collateral
- Yes
Estimated share of project by source
Bank 47% SBA (CDC) 43% Owner 10%
- Larger than 55% of expansion loans in Commercial Bakeries on this site.
- Average expansion loan in Commercial Bakeries: $2,419,364.
- Average expansion loan in Oregon: $1,931,136.
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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