Broilers and Other Meat Type Chicken Production acquisitions in Georgia: SBA loan data
Since FY2018, SBA lenders have approved 47 7(a) loans to buy an existing business classified as Broilers and Other Meat Type Chicken Production in Georgia, totaling $71.3M. The median loan was $1,240,000. That is 2.6% of the 1,774 acquisition loans in Georgia.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
How this compares
The median Broilers and Other Meat Type Chicken Production loan in Georgia is 42% higher than the $875,000 median for all Georgia acquisitions, and 7% higher than the $1,161,000 median for Broilers and Other Meat Type Chicken Production acquisitions nationwide (254 loans).
On losses, 11.4% of seasoned Broilers and Other Meat Type Chicken Production loans in Georgia were charged off, 258% higher than the 3.2% rate for all Georgia acquisitions, and 146% higher than the 4.7% rate for the industry nationally.
Broilers and Other Meat Type Chicken Production acquisition loans in Georgia by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 17 | $22M | $1,036,000 | |
| FY2019 | 1 | $667K | $667,000 | |
| FY2020 | 8 | $10.1M | $1,187,900 | |
| FY2021 | 9 | $15.8M | $1,240,000 | |
| FY2022 | 4 | $6.3M | $1,517,000 | |
| FY2023 | 2 | $3.4M | $1,719,000 | |
| FY2024 | 3 | $9.7M | $3,620,000 | |
| FY2025 | 1 | $408K | $408,000 | |
| FY2026 | 2 | $2.9M | $1,462,500 |
How often do these acquisition loans fail?
Of the 35 Broilers and Other Meat Type Chicken Production in Georgia acquisition loans approved from FY2018 to FY2021 (the seasoned cohort, every loan at least about five years old), 4 have been charged off by the SBA, a rate of 11.4% by loan count and 4.9% by dollars. 26 have already been paid in full.
For comparison, the charge-off rate across all SBA 7(a) acquisition loans in the same cohort is 3.5%, so Broilers and Other Meat Type Chicken Production in Georgia is 225% higher than the acquisition-loan average. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Top lenders
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Metro City Bank | 15 | 31.9% | $28.9M | |
| 2 | SouthState Bank, National Association | 13 | 27.7% | $18M | |
| 3 | PromiseOne Bank | 6 | 12.8% | $6.4M | |
| 4 | Renasant Bank | 3 | 6.4% | $6.6M | |
| 5 | AgSouth Farm Credit, FLCA | 3 | 6.4% | $2.4M |
Top franchise brands
No franchise brands recorded in this combination.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Questions buyers ask
How much do SBA loans for Broilers and Other Meat Type Chicken Production acquisitions in Georgia run?
The median SBA 7(a) loan was $1,240,000 across 47 loans (FY2018 to FY2026), with the middle half between $902,250 and $1,969,000. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Broilers and Other Meat Type Chicken Production acquisitions in Georgia?
Metro City Bank (15), SouthState Bank, National Association (13), PromiseOne Bank (6), Renasant Bank (3), AgSouth Farm Credit, FLCA (3). Some lenders repeatedly finance this industry in this state; the counts above show which.
How often do Broilers and Other Meat Type Chicken Production acquisition loans fail in Georgia?
11.4% of 35 seasoned loans (FY2018 to FY2021) were charged off, against 3.5% for all SBA acquisition loans. With a sample this size, treat the figure as a direction, not a precise rate.
Are franchised businesses part of Broilers and Other Meat Type Chicken Production acquisitions in Georgia?
None of the 47 loans in this combination were recorded with a franchise brand.
That draft favors the seller. We review it for the buyer, line by line.
Submit Transaction DetailsAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All Georgia acquisitions
- Broilers and Other Meat Type Chicken Production nationally
- Broilers and Other Meat Type Chicken Production in Arkansas
- Broilers and Other Meat Type Chicken Production in Mississippi
- Broilers and Other Meat Type Chicken Production in North Carolina
- Broilers and Other Meat Type Chicken Production in Alabama
- Broilers and Other Meat Type Chicken Production in Tennessee
- Broilers and Other Meat Type Chicken Production in Oklahoma
- Broilers and Other Meat Type Chicken Production in Louisiana
- Hotels and Motels in Georgia
- Full-Service Restaurants in Georgia
- Beer, Wine, and Liquor Retailers in Georgia
- Limited-Service Restaurants in Georgia
- Child Care Services in Georgia
- Gasoline Stations with Convenience Stores in Georgia
- Fitness and Recreational Sports Centers in Georgia
- Drycleaning and Laundry Services in Georgia
Small samples move a lot: each loan in this combination is 2% of the count. Industry is the NAICS code the lender recorded. See the methodology.