Sang Bik
Sang Bik is located in Goshen, AL, and the SBA lists its industry as Broilers and Other Meat Type Chicken Production. It was approved for an SBA 7(a) loan of $553,100 for a change of ownership on January 29, 2026.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
- Gross approval
- $553,100
- SBA-guaranteed amount
- $414,825 (75% of the approval)
- Lender
- Stone Bank, Mountain View, AR
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, fixed
- Term
- 20 years, 3 months (243 months)
- Estimated maturity
- April 29, 2046 (estimated, approval date plus term)
- Estimated monthly payment
- $5,225 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Mar 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 4
- Business type
- Individual
- NAICS
- 112320, Broilers and Other Meat Type Chicken Production
- Project location
- Pike County, AL
- SBA district office
- Alabama District Office
- Congressional district
- AL-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- 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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Same industry in Alabama
- New Hope Farm LLC, Columbia
- Chan L Cung LLC, Alexander City
- Brothers L & D Farm, LLC, Boaz
- Aurelia Plume Poultry Farm, Roanoke