Horizon Bank
43 recorded SBA 7(a) acquisition approvals. Explore the industries, locations and loan sizes in its reported portfolio.
- Acquisitions financed
- 43
- Total approved
- $32.0M
- Median loan
- $459K
- Middle half of loans
- $178K to $850K
- Median starting rate
- 8.25%
- Median term
- 10 yrs
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Where the approvals cluster
The SBA file shows approvals across 25 industries and 2 states and territories. The largest industry by count was Full-Service Restaurants (5 of 43 approvals). Michigan had the highest count among recorded project locations (30).
The median approved loan was $459K versus $707K across the index for FY2024–FY2026. Differences can reflect which industries, markets and deal sizes the lender serves.
Industries by approval count
| # | Industry | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Full-Service Restaurants | 5 | 12% | $418K | $2.1M |
| 2 | Limited-Service Restaurants | 4 | 9% | $679K | $2.8M |
| 3 | Landscaping Services | 3 | 7% | $276K | $1.1M |
| 4 | Other Scientific and Technical Consulting Services | 2 | 5% | $1.9M | $3.9M |
| 5 | Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers | 2 | 5% | $850K | $1.7M |
| 6 | Automotive Body, Paint, and Interior Repair and Maintenance | 2 | 5% | $826K | $1.7M |
| 7 | Machine Tool Manufacturing | 2 | 5% | $735K | $1.5M |
| 8 | All Other Professional, Scientific, and Technical Services | 2 | 5% | $619K | $1.2M |
| 9 | Sporting Goods Retailers | 2 | 5% | $385K | $770K |
| 10 | Veterinary Services | 2 | 5% | $241K | $482K |
| 11 | All Other Specialty Trade Contractors | 2 | 5% | $138K | $276K |
| 12 | Wood Kitchen Cabinet and Countertop Manufacturing | 2 | 5% | $103K | $205K |
| 13 | Prefabricated Metal Building and Component Manufacturing | 1 | 2% | $5.0M | $5.0M |
| 14 | Conveyor and Conveying Equipment Manufacturing | 1 | 2% | $3.0M | $3.0M |
| 15 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 1 | 2% | $990K | $990K |