Main Street Registry

Wayside Market & Gas

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

Wayside Market & Gas, located in Milton Freewater, OR, operates in the gasoline stations with convenience stores industry. The company was financed with an SBA 7(a) loan for a change of ownership, in the amount of $3.4 million, approved by Open Bank on May 4, 2026.

SBA 7(a) loan, change of ownership, approved May 4, 2026

$3,400,000 approvedLender: Open Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,400,000
SBA-guaranteed amount
$2,550,000 (75% of the approval)
Lender
Open Bank, Los Angeles, CA
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
25 years (300 months)
Estimated maturity
May 4, 2051 (estimated, approval date plus term)
Estimated monthly payment
$26,242 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
May 15, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
457110, Gasoline Stations with Convenience Stores
Project location
Umatilla County, OR
SBA district office
Portland District Office
Congressional district
OR-02
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 79% of acquisition loans in Gasoline Stations with Convenience Stores on this site.
  • Average acquisition loan in Gasoline Stations with Convenience Stores: $2,177,273.
  • Average acquisition loan in Oregon: $1,946,167.

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