Pennsylvania Entrepreneur Secures Financing to Buy Management Recruiters Franchise

Need money to invest in a Management Recruiters franchise? Continental Bank has a history of making these loans and they are guaranteed by the SBA.

Getting money to buy a Management Recruiters franchise shouldn't be overly burdensome. In 2007, Continental Bank issued an SBA franchise loan to an entrepreneur in Plymouth Meeting, Pennsylvania. Because Management Recruiters was registered with the SBA's registry of franchises, this Pennsylvania small business loan was issued on an expedited basis.

SBA Loan Borrower

MANAGEMENT RECRUITERS OF PLYMO
PLYMOUTH MEETING, PA 19462

SBA Loan Lender

CONTINENTAL BANK
620 W GERMANTOWN PIKE, STE 35
PLYMOUTH MEETING, PA 19462

This lender provides SBA loan for small businesses as part of the SBA's Preferred Lender Program (PLP). SBA PLP lenders are chosen from among the SBA's best lenders and have full delegation of lending authority in most situations.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

561310 -

Loan Approval Date

7/13/2007

Loan Approval Gross Amount

$100,000

Loan Approval from the SBA

Of the total $100,000 loan amount, the SBA guaranteed $85,000.

More Information on This SBA Loan

The borrower borrowed this money for an existing business. This loan was used to buy a Management Recruiters franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower indicated that the loan would help generate 3 new jobs and retain 4 existing jobs.

Start the Process for Getting an SBA Loan Today!

Every year, the SBA guarantees over $10 billion for loans just like this one.

This company got an SBA loan. You can too! Maybe you want money for start up business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you.

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:

Management Recruiters International, Inc.

504 Loans

Find an SBA Lender in Plymouth Meeting, Pennsylvania

Getting an SBA Loan in Pennsylvania