SBA 7(a)Paid in Full

Tokay Restaurant, Inc. d/b/a Magnolia Restaurant

Magnolia, DEManufacturers and Traders Trust CompanyFull-Service Restaurants · NAICS 722511

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APPROVAL AMOUNT

$50,000

PROGRAM

SBA 7(a)

10 years term

APPROVED

2023-08-21

11% rate

JOBS SUPPORTED

Borrower-reported

Loan details & location

LOCATION

Magnolia, DE 19962

INDUSTRY

Full-Service Restaurants · NAICS 722511

BUSINESS STRUCTURE

Corporation

LOAN TERM

10 years

INITIAL INTEREST RATE

11%

LOAN STATUS

Paid in Full

Magnolia, DE 19962

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