Main Street Registry

Julie Nguyen Farm

Jayess, MS · Broilers and Other Meat Type Chicken Production · NAICS 112320

Julie Nguyen Farm, located in Jayess, Mississippi, 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 $1,525,000, approved by First Financial Bank on March 25, 2025.

SBA 7(a) loan, change of ownership, approved Mar 25, 2025

$1,525,000 approvedLender: First Financial Bank123 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,525,000
SBA-guaranteed amount
$1,143,750 (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
8.05%, fixed
Term
10 years, 3 months (123 months)
Estimated maturity
June 25, 2035 (estimated, approval date plus term)
Estimated monthly payment
$18,248 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 30, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
3
Business type
Individual
NAICS
112320, Broilers and Other Meat Type Chicken Production
Project location
Lawrence County, MS
SBA district office
Mississippi District Office
Congressional district
MS-03
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 55% 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 Mississippi: $1,688,600.

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 Mississippi