Hello Hydration Medical Spa LLC
Hello Hydration Medical Spa LLC, located in Paramus, NJ, operates in the Other Personal Care Services industry (NAICS 812199). The business was financed with an SBA 7(a) loan for a change of ownership, totaling $2.7 million, with approval dated May 20, 2025, through Truliant FCU.
SBA 7(a) loan, change of ownership, approved May 20, 2025
$2,700,000 approvedLender: Truliant FCU10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,700,000
- SBA-guaranteed amount
- $2,025,000 (75% of the approval)
- Lender
- Truliant FCU, Winston-Salem, NC
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 20, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $35,681 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 18, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 812199, Other Personal Care Services
- Project location
- Bergen County, NJ
- SBA district office
- New Jersey District Office
- Congressional district
- NJ-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 86% 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 Jersey: $1,626,307.
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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