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April 30, 2024 |
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| Home > Small Business Lenders by State > South Carolina Business Loan Sources > North Plainfield, Business Loans > Valley National Bank North Plainfield Business Loans > Management Recruiters Of North Loan | ||||
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Summerville, South Carolina Bank Loan
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Borrow Money to Buy a Management Recruiters FranchiseNeed a loan to purchase a Management Recruiters franchise? Valley National Bank has a history of making these loans and they are guaranteed by the SBA. Want to borrow money to buy a Management Recruiters franchise? If so, here's a 2001 SBA franchise loan that you should know about. Valley National Bank was the lender and the entrepreneur was based in Summerville, South Carolina. SBA Loan Borrower MANAGEMENT RECRUITERS OF NORTH SBA Loan Lender VALLEY NATIONAL BANK This bank was authorized by the United States Small Business Administration (SBA) as an official lender for the SBA Preferred Lender Program (PLP). Only the most active and experienced lenders qualify for this SBA lending program. SBA Loan Program Type This loan was issued as a general business loan. NAICS Code Loan Approval Date 6/18/2001 Loan Approval Gross Amount $144,100 Loan Approval from the SBA Of the total $144,100 loan amount, the SBA guaranteed $122,485. 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 3 employees. The loan application indicated that the loan would help generate 3 new jobs and retain 3 existing jobs. Next Steps for Getting an SBA Loan SBA loans provide money to small business owners for working capital for other expenses. The SBA is an excellent funding resource for business owners who cannot easily find funding through conventional funding sources. Banks like Valley National Bank are ready to help you through the process. Whether you need money to open a store, need money to launch a startup business, or are raising money as working capital for an existing entity, the SBA is there 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. Obtaining Funding From a Venture Capitalist Small Business Banks in North Plainfield, New Jersey
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