Self-Directed Choices, LLC
Self-Directed Choices, LLC is located in Albuquerque, NM, and the SBA lists its industry as Other Individual and Family Services. It was approved for an SBA 7(a) loan of $1,319,000 for a change of ownership on January 16, 2025.
SBA 7(a) loan, change of ownership, approved Jan 16, 2025
- Gross approval
- $1,319,000
- SBA-guaranteed amount
- $989,250 (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
- 9.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 16, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $17,068 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jan 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 624190, Other Individual and Family Services
- Project location
- Bernalillo County, NM
- SBA district office
- New Mexico District Office
- Congressional district
- NM-01
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Other Individual and Family Services: $1,707,720.
- Average acquisition loan in New Mexico: $1,985,089.
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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