Loan Census Banking News and Information
April 30, 2024  
 
 
  Business Loan Information  
 

SBA 7A Banks in New Hampshire

 

 
Loan Census SBA Loan Info

Borrow Money to Buy a Management Recruiters Franchise

Need money to purchase a Management Recruiters franchise? Bank Of America has a history of making these loans and they are guaranteed by the SBA.

Management Recruiters franchise loans are available to Keene, New Hampshire entrepreneurs, and entrepreneurs in other locations throughout the country. In fact, Bank Of America, based in Providence, Rhode Island, issued an SBA franchise loan for a Management Recruiters franchise in 2001. We've got all the details on this New Hampshire small business loan.

SBA Loan Borrower

MEI SEARCH CONSULTANTS
KEENE, NH 03431

SBA Loan Lender

BANK OF AMERICA
111 WESTMINSTER ST
PROVIDENCE, RI 02903

This loan was issued by a lender that participates in the SBA Express Loans program. SBA Express loans can be issued in as little as 36 hours.

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

541612 - Human Resources Consulting Services

Loan Approval Date

8/24/2001

Loan Approval Gross Amount

$25,000

Loan Approval from the SBA

Of the total $25,000 loan amount, the SBA guaranteed $12,500.

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 5 employees. The SBA loan application for the borrower indicated that the loan would help retain 5 existing jobs.

Next Steps for Getting an SBA Loan

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

Your solution for where to find money to start a business may be an SBA guaranteed loan. This company recognized that the SBA offers great programs for new and growing businesses. Now it's your turn. Talk to a banker to start the process.

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.

A Company That Helps Entrepreneurs

Where to Get an SBA Loan in Providence, Rhode Island

SBA Lenders in Rhode Island