Horizon Bank approved 252 SBA loans worth $109.8M between October 2021 and June 2026, ranking #170 of 2,283 SBA lenders nationally by loan count. Its median loan was $248,750, and 41% went to startups or businesses under two years old. It lent in 2 states, most often in Michigan, and its most financed industry was manufacturing.
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Manufacturing | 32 | $318,100 | |
| Restaurants and hotels | 31 | $225,000 | |
| Retail | 25 | $280,000 | |
| Construction | 24 | $136,850 | |
| Health care and social assistance | 23 | $200,000 | |
| Professional and technical services | 21 | $350,000 | |
| Other services (repair, personal care) | 21 | $317,500 | |
| Administrative and support services | 19 | $130,000 | |
| Arts, entertainment and recreation | 15 | $400,000 | |
| Wholesale trade | 11 | $435,000 |