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Sui Family Farm LLC

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

Sui Family Farm LLC, located in Magnolia, Mississippi, operates in broiler and other meat type chicken production (NAICS 112320). The company was financed with an SBA 7(a) loan for a change of ownership of $1.13 million, approved by BankPlus on June 30, 2026.

SBA 7(a) loan, change of ownership, approved Jun 30, 2026

$1,130,000 approvedLender: BankPlus126 months termStatus not reported (SBA exemption)Loan details
Gross approval
$1,130,000
SBA-guaranteed amount
$847,500 (75% of the approval)
Lender
BankPlus, Belzoni, MS
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
7.75%, variable
Term
10 years, 6 months (126 months)
Estimated maturity
December 30, 2036 (estimated, approval date plus term)
Estimated monthly payment
$13,134 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jul 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
2
Business type
Corporation
NAICS
112320, Broilers and Other Meat Type Chicken Production
Project location
Pike County, MS
SBA district office
Mississippi District Office
Congressional district
MS-03
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 29% 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