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Watson Pump & Well Drilling Inc. — SBA Loan Record (Leonardtown, MD) | DealRoom

Intelligence/Oil and Gas Pipeline and Related Structures Construction/MD

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SBA lending record

Watson Pump & Well Drilling Inc.

20545 Chingville Road, Leonardtown, MD 20650 · Oil and Gas Pipeline and Related Structures Construction. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$338K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is Watson Pump & Well Drilling Inc. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$337,500 — FY2020

Gross approval: $337,500
SBA guaranteed: $168,750 (50%)
Status: Current
Rate at approval: 2.99% v
Term: 96 mo (8 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/6/2020
First disbursement: 1/31/2020
Days to fund: 25 days
Collateral: None
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Oil and Gas Pipeline and Related Structures Construction
NAICS code: 237120
Lender: Bank of America, National Association
Address: 20545 Chingville Road
City: Leonardtown, 20650
County: Saint Marys
SBA district office: BALTIMORE DISTRICT OFFICE
Congressional district: 5

The lender

Bank of America, National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding oil and gas pipeline and related structures construction — by location, industry.

SBA lenders in Maryland Lenders for oil and gas pipeline and related structures construction Oil and Gas Pipeline and Related Structures Construction lenders in Maryland

Similar businesses

Comparable oil and gas pipeline and related structures construction in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Optimal Tank Solutions LLC

Huntingtown, MD· ~26 mi

Oil and Gas Pipeline and Related Structures Construction

$74K
SBA financing: ≈ $145K–$242K
Est. revenue (rough)

J&J UNDERGROUND UTILITIES LLC

Hopewell, OH· ~326 mi

Oil and Gas Pipeline and Related Structures Construction

$330K
SBA financing: ≈ $647K–$1.1M
Est. revenue (rough)

Curt & Sons, Inc

Mount Airy, MD· ~90 mi

Oil and Gas Pipeline and Related Structures Construction

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

Dust Pipeline Services Inc.

Shawnee, KS· ~982 mi

Oil and Gas Pipeline and Related Structures Construction

$380K
SBA financing: ≈ $745K–$1.2M
Est. revenue (rough)

TRI-SPAN CONSTRUCTION LLC

Louisa, KY· ~330 mi

Oil and Gas Pipeline and Related Structures Construction

$1.2M
SBA financing: ≈ $2.4M–$3.9M
Est. revenue (rough)

STEERPRO, LLC

Springfield, MO· ~912 mi

Oil and Gas Pipeline and Related Structures Construction

$125K
SBA financing: ≈ $245K–$408K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Watson Pump & Well Drilling Inc. in Leonardtown, MD (Oil and Gas Pipeline and Related Structures Construction). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $338K
On record FY2020
Industry: Oil and Gas Pipeline and Related Structures Construction
Location: Leonardtown, MD
Lender: Bank of America, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Oil and Gas Pipeline and Related Structures Construction businesses in MD for ~$338k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/watson-pump-amp-well-drilling-inc-md
API:: https://dealroom.so/api/public/businesses/watson-pump-amp-well-drilling-inc-md
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is Watson Pump & Well Drilling Inc. your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Watson Pump & Well Drilling Inc..