SBA lender profile
New Horizon Bank, National Association
New Horizon Bank, National Association appears in the public SBA loan data with 31 funded 7(a) loans since FY2010, totaling $8.8M, an average of $285K per loan, and an estimated 384 jobs supported. Its SBA lending concentrates in Virginia and the Wholesale Trade sector. Across its 7(a) loans, the charge-off rate is 3.2%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
- Track record 69
- Scale 13
- Activity 27
- Consistency 67
A relative profile signal from the public SBA record, not a prediction of approval or a guarantee.
Is New Horizon Bank, National Association the right lender for you?
Lenders fund what they know. New Horizon Bank, National Association's SBA lending concentrates in Virginia (31 loans) and Wholesale Trade (3 loans), at an average loan of $285K. If your business does not look like that, a different SBA lender is likely the better fit.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $279M
- Headquarters
- Powhatan, VA
- FDIC cert
- #58857
- Status
- Active
Where New Horizon Bank, National Association lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Virginia | 31 | $8.8M |
What New Horizon Bank, National Association funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Wholesale Trade | 3 | $3.7M |
| Accommodation and Food Services | 4 | $1.1M |
| Construction | 7 | $1.1M |
| Retail Trade | 5 | $918K |
| Other Services | 4 | $638K |
| Health Care and Social Assistance | 2 | $455K |
New Horizon Bank, National Association SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2012 | 1 | $3.3M |
| 2013 | 3 | $737K |
| 2014 | 5 | $868K |
| 2015 | 3 | $290K |
| 2016 | 1 | $115K |
| 2017 | 1 | $120K |
| 2018 | 2 | $350K |
| 2019 | 2 | $381K |
| 2020 | 2 | $145K |
| 2021 | 2 | $280K |
| 2022 | 1 | $150K |
| 2023 | 1 | $300K |
| 2025 | 4 | $979K |
| 2026 | 3 | $815K |
Related SBA lenders
Other lenders active in Virginia or in Wholesale Trade.
Comparing lenders? See how to choose an SBA lender by track record.
New Horizon Bank, National Association: frequently asked questions
Does New Horizon Bank, National Association offer SBA loans?
Yes. New Horizon Bank, National Association appears in the public SBA data with 31 funded SBA 7(a) loans totaling $8.8M.
How many SBA loans has New Horizon Bank, National Association made?
New Horizon Bank, National Association is associated with 31 SBA 7(a) loans totaling $8.8M in the public SBA data (as of 2026-03-31).
What is New Horizon Bank, National Association's SBA charge-off rate?
About 3.2% of New Horizon Bank, National Association's 7(a) loans in the data have been charged off. A lower rate is generally a better sign, but it is not a lifetime default rate; see our methodology for how it is calculated.
Where does New Horizon Bank, National Association do most of its SBA lending?
New Horizon Bank, National Association's SBA lending in the data is most concentrated in Virginia, and by industry in Wholesale Trade.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). New Horizon Bank, National Association SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/new-horizon-bank-national-association/
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