Aurelia Plume Poultry Farm
Aurelia Plume Poultry Farm, located in Roanoke, Alabama, 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 $2.4 million, approved on November 11, 2023 by Metro City Bank.
SBA 7(a) loan, change of ownership, approved Nov 11, 2023
$2,400,000 approvedLender: Metro City Bank20 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,400,000
- SBA-guaranteed amount
- $1,800,000 (75% of the approval)
- Lender
- Metro City Bank, Doraville, GA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 20 years (240 months)
- Estimated maturity
- November 11, 2043 (estimated, approval date plus term)
- Estimated monthly payment
- $22,371 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 29, 2023
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Individual
- NAICS
- 112320, Broilers and Other Meat Type Chicken Production
- Project location
- Randolph County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 72% 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 Alabama: $1,764,717.
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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