SBA lending record
Watson Works III LLC
20650 SENECA MEADOWS PKWY, Germantown, MD 20876 · Retail Bakeries. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$540K
Total SBA financing
1
Loan on record
FY2024
On record
9
Jobs supported
Franchise brand
Nothing Bundt Cakes
See Nothing Bundt Cakes's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
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The loan
$540,000 — FY2024
- Gross approval
- $540,000
- SBA guaranteed
- $405,000 (75%)
- Status
- Current
- Rate at approval
- 10% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/11/2023
- First disbursement
- 11/6/2023
- Days to fund
- 26 days
- Collateral
- Required
- Jobs supported
- 9
- Business type
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for Watson Works III LLC in Germantown, MD (Retail Bakeries). 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 $540K
- On record FY2024
- 9 jobs supported
- Industry: Retail Bakeries
- Location: Germantown, MD
- Lender: Industrial Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is Watson Works III LLC 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 Works III LLC.