Firstrust Savings Bank Provides SBA Loan to Buy Management Recruiters Franchise

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

Getting money to buy a Management Recruiters franchise is doable. In 2007, Firstrust Savings Bank issued an SBA franchise loan to an entrepreneur in Lower Gwynedd, 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

WINNING SEARCH SOLUTIONS LLC
LOWER GWYNEDD, PA 19446

SBA Loan Lender

FIRSTRUST SAVINGS BANK
15 E RIDGE PIKE
CONSHOHOCKEN, PA 19428

This debt financing 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

4/11/2007

Loan Approval Gross Amount

$40,000

Loan Approval from the SBA

Of the total $40,000 loan amount, the SBA guaranteed $20,000.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was used to buy a Management Recruiters franchise. At the time of the loan, the company had 2 employees. The SBA loan application for the borrower indicated that the loan would help generate 4 new jobs and retain 6 existing jobs.

Next Steps for Getting an SBA Loan

If you are wondering how to find money to start a business or need money to grow a business, an SBA loan can be a great way to raise money

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:

Management Recruiters International, Inc.

Direct Public Offerings

Banks in Conshohocken, Pennsylvania

SBA Participating Banks in Pennsylvania