Main Street Registry

P & H Farm, LLC

Shelbyville, TX · Broilers and Other Meat Type Chicken Production · NAICS 112320

P & H Farm, LLC is a business in Shelbyville, Texas, in the broilers and other meat type chicken production industry (NAICS 112320). It was financed with an SBA 7(a) loan for a change of ownership of $1,150,000, approved on March 21, 2024, through First Financial Bank.

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

$1,150,000 approvedLender: First Financial Bank15 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,150,000
SBA-guaranteed amount
$862,500 (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
8.45%, fixed
Term
15 years (180 months)
Estimated maturity
March 21, 2039 (estimated, approval date plus term)
Estimated monthly payment
$11,291 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Sep 19, 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
Shelby County, TX
SBA district office
Dallas / Ft Worth District Office
Congressional district
TX-01
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 31% 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 Texas: $1,944,682.

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 Texas