{"ok":true,"canonical_url":"https://dealroom.so/franchises/waterstation","api_url":"https://dealroom.so/api/public/franchises/waterstation","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"methodology":{"label":"Franchise financing & failure-rate methodology","url":"https://dealroom.so/methodology/franchise-risk"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"franchise":{"brand":"WaterStation","slug":"waterstation","url":"https://dealroom.so/franchises/waterstation","sbaLoansSince2020":112,"businessPurchases":1,"typicalDeal":420000,"dealRange25th75th":[255000,956000],"avgRatePct":6.12,"failureRatePct":0.89,"loansSinceFY2025":0,"topLenders":[{"name":"UniBank","count":79,"url":null},{"name":"Celtic Bank Corporation","count":18,"url":"https://dealroom.so/lenders/celtic-bank-corporation"},{"name":"Newtek Small Business Finance, Inc.","count":6,"url":null},{"name":"Meridian Bank","count":3,"url":"https://dealroom.so/lenders/meridian-bank"},{"name":"Community Bank & Trust-West Georgia","count":2,"url":null}],"topStates":[{"count":17,"state":"TX"},{"count":13,"state":"CA"},{"count":10,"state":"WA"},{"count":9,"state":"IN"},{"count":7,"state":"FL"},{"count":6,"state":"IL"},{"count":4,"state":"NJ"},{"count":4,"state":"PA"}],"recentDeals":[{"borrower":"WaterStation","city":"Dubuque","state":"IA","amount":900000,"fiscalYear":2023,"businessPurchase":false,"lender":"Celtic Bank Corporation"},{"borrower":"Rose Trail Ventures 2 LLC","city":"Memphis","state":"TN","amount":2309600,"fiscalYear":2022,"businessPurchase":false,"lender":"Celtic Bank Corporation"},{"borrower":"Kmandy Investments  L.L.C.","city":"Mckinney","state":"TX","amount":586700,"fiscalYear":2022,"businessPurchase":false,"lender":"Celtic Bank Corporation"},{"borrower":"YANI WATER LLC","city":"Holmdel","state":"NJ","amount":350000,"fiscalYear":2022,"businessPurchase":false,"lender":"Celtic Bank Corporation"},{"borrower":"AQUASPERO LLC","city":"Indianapolis","state":"IN","amount":306000,"fiscalYear":2022,"businessPurchase":false,"lender":"Celtic Bank Corporation"},{"borrower":"Rex Ventures, LLC","city":"Arvada","state":"CO","amount":207100,"fiscalYear":2022,"businessPurchase":false,"lender":"Celtic Bank Corporation"},{"borrower":"H2O Station Holdings LLC","city":"Ambler","state":"PA","amount":3500000,"fiscalYear":2021,"businessPurchase":false,"lender":"Meridian Bank"},{"borrower":"Wet Like Water LLC","city":"Indianapolis","state":"IN","amount":3070000,"fiscalYear":2021,"businessPurchase":false,"lender":"Stock Yards Bank & Trust Company"},{"borrower":"Water Station","city":"Spring","state":"TX","amount":2946800,"fiscalYear":2021,"businessPurchase":false,"lender":"Celtic Bank Corporation"},{"borrower":"Granite Street Ventures LLC","city":"Walnut Creek","state":"CA","amount":2821800,"fiscalYear":2021,"businessPurchase":false,"lender":"Community Bank & Trust-West Georgia"}]},"caveats":["DealRoom data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"DealRoom franchise financing record","url":"https://dealroom.so/franchises/waterstation","source_type":"DealRoom Data"}}