Main Street Registry

Mang and Hlei General Partnership

Shannon, NC · Broilers and Other Meat Type Chicken Production · NAICS 112320

Mang and Hlei General Partnership, located in Shannon, NC, is classified under the industry Broilers and Other Meat Type Chicken Production (NAICS 112320). The business was financed with an SBA 7(a) loan for a change of ownership of $1,196,000, approved on December 8, 2025, through First Financial Bank.

SBA 7(a) loan, change of ownership, approved Dec 8, 2025

$1,196,000 approvedLender: First Financial Bank15 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,196,000
SBA-guaranteed amount
$897,000 (75% of the approval)
Lender
First Financial Bank, El Dorado, AR
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.85%, fixed
Term
15 years (180 months)
Estimated maturity
December 8, 2040 (estimated, approval date plus term)
Estimated monthly payment
$11,326 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Dec 22, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
LLC or partnership
NAICS
112320, Broilers and Other Meat Type Chicken Production
Project location
Hoke County, NC
SBA district office
North Carolina District Office
Congressional district
NC-09
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 36% of acquisition loans in Broilers and Other Meat Type Chicken Production on this site.
  • Average acquisition loan in Broilers and Other Meat Type Chicken Production: $1,906,719.
  • Average acquisition loan in North Carolina: $1,952,444.

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 North Carolina