Sela Management NY, LLC
Sela Management NY, LLC is located in New York, NY, and the SBA lists its industry as Other Personal Care Services. It was approved for an SBA 7(a) loan of $653,400 for a change of ownership on April 9, 2026.
SBA 7(a) loan, change of ownership, approved Apr 9, 2026
- Gross approval
- $653,400
- SBA-guaranteed amount
- $490,050 (75% of the approval)
- Lender
- The Huntington National Bank, Columbus, OH
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.85%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- April 9, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $7,876 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Project location
- New York County, NY
- SBA district office
- New York District Office
- Congressional district
- NY-13
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 20% of acquisition loans in Other Personal Care Services on this site.
- Average acquisition loan in Other Personal Care Services: $1,410,088.
- Average acquisition loan in New York: $1,771,512.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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