SBA lender profile
Horizon Bank
Horizon Bank appears in the public SBA loan data with 282 funded 7(a) loans totaling $117.1M, an average of $415K per loan, and an estimated 2,689 jobs supported. Its SBA lending concentrates in Michigan and the Manufacturing 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
282
Total volume
$117.1M
Average loan size
$415K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
2,689
Programs
7(a)
Bank profile
via FDIC- Total assets
- $539M
- Headquarters
- Waverly, NE
- FDIC cert
- #14327
- Status
- Active
Where Horizon Bank lends
Top states by funded SBA volume.
What Horizon Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Manufacturing | 32 | $17.8M |
| Retail Trade | 28 | $16.5M |
| Professional and Technical Services | 24 | $14.9M |
| Other Services | 26 | $12.9M |
| Accommodation and Food Services | 37 | $11.6M |
| Health Care and Social Assistance | 27 | $9.6M |
Horizon Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 25 | $5.3M |
| 2021 | 14 | $5.1M |
| 2022 | 25 | $14.8M |
| 2023 | 40 | $15.4M |
| 2024 | 81 | $33.3M |
| 2025 | 87 | $41.2M |
| 2026 | 10 | $2.1M |
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 Horizon 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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