Chan Hnin Thang
Chan Hnin Thang, located in Jay, Oklahoma, is classified in the broilers and other meat type chicken production industry. The business was financed with an SBA 7(a) loan for a change of ownership totaling $3,866,500, approved on September 12, 2025, through Live Oak Banking Company.
SBA 7(a) loan, change of ownership, approved Sep 12, 2025
$3,866,500 approvedLender: Live Oak Banking Company18 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $3,866,500
- SBA-guaranteed amount
- $2,899,875 (75% of the approval)
- Lender
- Live Oak Banking Company, Wilmington, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 18 years (216 months)
- Estimated maturity
- September 12, 2043 (estimated, approval date plus term)
- Estimated monthly payment
- $33,248 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Oct 14, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 2
- Business type
- Individual
- NAICS
- 112320, Broilers and Other Meat Type Chicken Production
- Project location
- Delaware County, OK
- SBA district office
- Oklahoma District Office
- Congressional district
- OK-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 90% 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 Oklahoma: $1,861,759.
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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