After I installed the tool and configured the path to my coding directory, loading the sessions took a few seconds.
I started to indagate into the problem, by copying one by one the subdirectories to another path. I found that when I added a subdirectory without an initialized git repo, the time was increased by a few seconds (instead of milliseconds).
I tried configuring --max-depths 1 with no noticeable effect.
The workaround that solved the loading time for me was to make a script to run git init in each subdirectory.