Main Street Registry

Ladd's Chevron and Food Mart

Milton Freewater, OR · Gasoline Stations with Convenience Stores · NAICS 457110

Ladd's Chevron and Food Mart is a gasoline station with convenience store located in Milton Freewater, Oregon, in the gasoline stations with convenience stores industry. The business financed real estate or equipment through an SBA 504 loan of $2,282,000, with a total project amount of $2,785,000, approved on August 26, 2025, by East West Bank with The Mortgage Capital Development Corporation as the certified development company.

SBA 504 loan, approved Aug 26, 2025

$2,282,000 SBA portionCDC: The Mortgage Capital Development Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$2,282,000
Bank portion
$2,785,000
Estimated project size
$5,630,000 (estimated)
Estimated owner equity
$563,000 (estimated, about 10% of the project)
Bank lender
East West Bank, Pasadena, CA
CDC
The Mortgage Capital Development Corporation
Processing method
504 Refinancing: refinances existing business debt
Term
25 years (300 months)
Estimated maturity
August 26, 2050 (estimated, approval date plus term)
First disbursement
Nov 12, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
6
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Franchise
Ed Staubs & Sons Petroleum (Multi-brands) Retail Product Sales Agreement
Project location
Umatilla County, OR
SBA district office
Portland District Office
Congressional district
OR-2
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 73% of expansion loans in Gasoline Stations with Convenience Stores on this site.
  • Average expansion loan in Gasoline Stations with Convenience Stores: $2,019,559.
  • 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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Same industry in Oregon