Loan to Buy Global Recruiters Franchise Issued By Bancorpsouth Bank

Borrowing money to buy a Global Recruiters franchise? Bancorpsouth Bank has a history of making these loans and they are guaranteed by the SBA.

Global Recruiters franchise loans are available to Franklin, Tennessee entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bancorpsouth Bank, based in Tupelo, Mississippi, issued an SBA franchise loan for a Global Recruiters franchise in 2006. We've got all the details on this Tennessee small business loan.

SBA Loan Borrower

GLOBAL RECRUITERS OF NASHVILLE
FRANKLIN, TN 37067

SBA Loan Lender

BANCORPSOUTH BANK
ONE MISSISSIPPI PLZ
TUPELO, MS 38804

This lender processed this commercial loan under the SBA Express program, which offers a streamlined review process in which bankers can process SBA loan applications on an expedited basis.

SBA Loan Program Type

This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program.

NAICS Code

561310 -

Loan Approval Date

6/28/2006

Loan Approval Gross Amount

$50,000

Loan Approval from the SBA

Of the total $50,000 loan amount, the SBA guaranteed $25,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Global Recruiters franchise. At the time of the loan, the company had 3 employees. The SBA loan application for the borrower indicated that the loan would help generate 5 new jobs and retain 5 existing jobs.

Getting an SBA Loan For Your Business

SBA loans provide money to small business owners for working capital for other expenses.

We've showcased information on this loan to let you know that businesses like yours can get an SBA loan.

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

Related Links:

Global Recruiters Network

Bank Credit Lines

Find an SBA Lender in Tupelo, Mississippi

Mississippi SBA 7A Banks