SBA lender profile
Honor Bank
Honor Bank appears in the public SBA loan data with 21 funded 7(a) loans totaling $9.2M, an average of $438K per loan, and an estimated 275 jobs supported. Its SBA lending concentrates in Michigan and the Retail Trade sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
21
Total volume
$9.2M
Average loan size
$438K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
275
Programs
7(a)
Where Honor Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Michigan | 21 | $9.2M |
What Honor Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 5 | $3.3M |
| Accommodation and Food Services | 3 | $2.0M |
| Real Estate | 3 | $1.3M |
| Professional and Technical Services | 4 | $1.1M |
| Health Care and Social Assistance | 1 | $670K |
| Manufacturing | 1 | $500K |
Honor Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 6 | $2.0M |
| 2021 | 4 | $2.5M |
| 2022 | 3 | $1.1M |
| 2023 | 4 | $1.7M |
| 2024 | 2 | $650K |
| 2025 | 2 | $1.3M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Honor Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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