Nha CA Farm
Nha CA Farm, located in Maysville, Georgia, operates in broiler and other meat-type chicken production (NAICS 112320). The business was financed with an SBA 7(a) loan for a change of ownership of $4.79 million, approved on September 30, 2024, through lender Metro City Bank.
SBA 7(a) loan, change of ownership, approved Sep 30, 2024
$4,790,000 approvedLender: Metro City Bank20 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $4,790,000
- SBA-guaranteed amount
- $3,592,500 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 20 years (240 months)
- Estimated maturity
- September 30, 2044 (estimated, approval date plus term)
- Estimated monthly payment
- $45,434 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 13, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Corporation
- NAICS
- 112320, Broilers and Other Meat Type Chicken Production
- Project location
- Jackson County, GA
- SBA district office
- Georgia District Office
- Congressional district
- GA-09
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 97% 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 Georgia: $2,017,638.
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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