SBA lending record
The Watch Outlet, LLC
332 Cocoanut Ave. Units 123 & 145, Sarasota, FL 34236 · Jewelry Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.5M
Total SBA financing
2
Loans on record
FY2020–23
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$2,000,000 — FY2023
Loan 1 of 2- Gross approval
- $2,000,000
- SBA guaranteed
- $1,800,000 (90%)
- Status
- Current
- Rate at approval
- 11% v
- Term
- 120 mo (10 yr)
- Program
- International Trade Loans
- Subprogram
- International Trade - Sec, 7(a
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/28/2023
- First disbursement
- 8/18/2023
- Days to fund
- 21 days
- Collateral
- Required
- Jobs supported
- 4
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Jewelry, Watch, Precious Stone, and Precious Metal Merchant
- NAICS code
- 423940
- Lender
- FinWise Bank
- Address
- 332 Cocoanut Ave, Unit 102 & 103
- City
- Sarasota, 34236
- County
- Sarasota
- SBA district office
- SOUTH FLORIDA DISTRICT OFFICE
- Congressional district
- 16
$488,000 — FY2020
Loan 2 of 2- Gross approval
- $488,000
- SBA guaranteed
- $366,000 (75%)
- Status
- Paid in full
- Rate at approval
- 5.5% v
- Term
- 300 mo (25 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/28/2020
- First disbursement
- 4/16/2021
- Days to fund
- 292 days
- Paid in full
- 6/30/2025
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 2
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Jewelry Stores
- NAICS code
- 448310
- Address
- 332 Cocoanut Ave. Units 123 & 145
- City
- Sarasota, 34236
- County
- Sarasota
- SBA district office
- SOUTH FLORIDA DISTRICT OFFICE
- Congressional district
- 16
The lenders
SouthState Bank, 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 jewelry stores — by location, industry.
Similar businesses
Comparable jewelry stores in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
BELLEAIR COINS, INC.
Largo, FL· ~43 mi
Jewelry Stores
- $3.8M
- SBA financing
- ≈ $7.5M–$12M
- Est. revenue (rough)
ZTL 1700 DAYTONA LLC
Jacksonville, FL· ~211 mi
Pandora
- $2.1M
- SBA financing
- ≈ $4.1M–$6.8M
- Est. revenue (rough)
ZTL INVESTMENTS
Jacksonville, FL· ~211 mi
Pandora
- $2.1M
- SBA financing
- ≈ $4.1M–$6.8M
- Est. revenue (rough)
Limaxi Jewelers Inc
Tampa, FL· ~43 mi
Jewelry Stores
- $200K
- SBA financing
- ≈ $392K–$654K
- Est. revenue (rough)
Tamayo Gold, LLC
Mcallen, TX· ~971 mi
Jewelry Stores
- $1.4M
- SBA financing
- ≈ $2.7M–$4.6M
- Est. revenue (rough)
Glynis' Closet, Inc.
Tampa, FL· ~40 mi
Jewelry Stores
- $238K
- SBA financing
- ≈ $467K–$778K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for The Watch Outlet, LLC in Sarasota, FL (Jewelry Stores). CapBench 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.
- 2 SBA 7(a) loans totaling $2.5M
- On record FY2020–23
- 6 jobs supported
- Industry: Jewelry Stores
- Location: Sarasota, FL
- Lenders: SouthState Bank, National Association, FinWise Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Jewelry Stores businesses in FL for ~$1.2M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-20.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with The Watch Outlet, LLC.