Main Street Registry

Ram & Tha Farms

Pine Bluff, AR · Broilers and Other Meat Type Chicken Production · NAICS 112320

Ram & Tha Farms, located in Pine Bluff, Arkansas, is classified under the industry Broilers and Other Meat Type Chicken Production (NAICS 112320). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $3.2 million, approved on January 21, 2024, through First Financial Bank.

SBA 7(a) loan, change of ownership, approved Jan 21, 2024

$3,200,000 approvedLender: First Financial Bank20 years termStatus not reported (SBA exemption)Loan details
Gross approval
$3,200,000
SBA-guaranteed amount
$2,400,000 (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
8.55%, fixed
Term
20 years (240 months)
Estimated maturity
January 21, 2044 (estimated, approval date plus term)
Estimated monthly payment
$27,872 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 12, 2024
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Individual
NAICS
112320, Broilers and Other Meat Type Chicken Production
Project location
Jefferson County, AR
SBA district office
Arkansas District Office
Congressional district
AR-04
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 79% 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 Arkansas: $2,003,702.

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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Arkansas