Bank · Michigan City, IN
Horizon Bank
Made 39 SBA 7(a) change-of-ownership loans totaling $29.8M in FY2024 to FY2026: #84 of 1,054 lenders by loans and #127 by dollars. Lends in 2 states. Part of Horizon Bcorp Inc.
#84by loans, FY24–26
39loans
$29.8Mapproved
$459Kmedian loan
Volume
By fiscal year
Share of all loans = this lender’s loans as a share of every SBA acquisition loan that year.
| Fiscal year | Loans | Dollars | Median | Share of all loans |
|---|---|---|---|---|
| FY2024 | 12 | $8.3M | $569K | 0.2% |
| FY2025 | 21 | $14.3M | $500K | 0.3% |
| FY2026 | 6 | $7.2M | $354K | 0.1% |
Loan size
Deal size mix
18% of its loans were $1M or more.
- Under $350K17 loans · 44% · $2.8M
- $350K to $1M15 loans · 38% · $10.4M
- $1M to $2M4 loans · 10% · $5.2M
- $2M to $5M3 loans · 8% · $11.4M
Where the money goes
Top industries
| Industry | Loans | Dollars |
|---|---|---|
| Accommodation & Food Services | 10 | $4.9M |
| Professional, Scientific & Technical Services | 7 | $6.4M |
| Other Services | 5 | $2.8M |
| Manufacturing | 5 | $9.6M |
| Construction | 3 | $1.1M |
| Retail Trade | 3 | $1.8M |
| Administrative & Support, Waste Mgmt | 3 | $1.1M |
| Wholesale Trade | 1 | $825K |
Business location
Top states
| Business state | Loans | Dollars |
|---|---|---|
| Michigan | 28 | $20.1M |
| Indiana | 11 | $9.7M |
Keep exploring
Related pages
Top lenders in its top states
Its top industries and deal size
Lenders of similar size
Guides and rankings
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