SBA lending record

MAGNOLIA BLOSSOM CAFE

22667 highway 59 south, Robertsdale, AL 36567 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$50K

Total SBA financing

Loan on record

FY2025

On record

—

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$50,000 — FY2025

Gross approval: $50,000
SBA guaranteed: $42,500 (85%)
Status: Current
Rate at approval: 14.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/7/2024
First disbursement: 11/26/2024
Days to fund: 19 days
Collateral: None
Sold on secondary market: Yes

The lender

Readycap Lending, LLC

1 loan to this business

Full lending record on the lender page.

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DealRoom listing built from public SBA 7(a) lending records and FDIC BankFind. Figures are as reported; verify before relying on them. Not affiliated with MAGNOLIA BLOSSOM CAFE.