Horicon Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Horicon Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 621210 | Offices of Dentists | 16 | $23.1M | $1.4M | 11.8% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 16 | $2.9M | $179K | 11.8% |
| 332999 | All Other Miscellaneous Fabricated Metal Product Manufacturing | 16 | $12.9M | $806K | 11.8% |
| 332710 | Machine Shops | 16 | $19.9M | $1.2M | 11.8% |
| 238990 | All Other Specialty Trade Contractors | 8 | $2.5M | $315K | 5.9% |
| 713950 | Bowling Centers | 8 | $200K | $25K | 5.9% |
| 336390 | Other Motor Vehicle Parts Manufacturing | 8 | $4.0M | $500K | 5.9% |
| 484230 | Specialized Freight (except Used Goods) Trucking, Long-Distance | 8 | $31.8M | $4.0M | 5.9% |
| 811111 | General Automotive Repair | 8 | $1.4M | $180K | 5.9% |
| 459110 | Other | 8 | $2.8M | $350K | 5.9% |
Geographic Distribution
SBA lending activity for Horicon Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Wisconsin (WI) | 128 | $135.4M | 94.1% |
| Illinois (IL) | 8 | $16.8M | 5.9% |
Why Choose Horicon Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 136 SBA loans approved, totaling $152.2M in financing
- ✓Industry Expertise: Specialized focus on Offices of Dentists, Automotive Body, Paint, and Interior Repair and Maintenance, All Other Miscellaneous Fabricated Metal Product Manufacturing
- ✓Competitive Terms: Average interest rate of 5.94% with flexible term lengths averaging 115 months
- ✓Loan Range: Loan sizes from $25K to $4.0M, with an average of $1.1M
- ✓Nationwide Reach: Active lending in 2 states, with strong presence in WI, IL
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Horicon Bank SBA lending
What types of businesses does Horicon Bank typically finance?
Horicon Bank specializes in SBA 7(a) lending to specific industries including offices of dentists, automotive body, paint, and interior repair and maintenance, all other miscellaneous fabricated metal product manufacturing, machine shops. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Horicon Bank's typical SBA loan terms?
Horicon Bank's SBA 7(a) loans typically feature an average interest rate of 5.94% and average term length of 115 months (approximately 10 years). Loan sizes range from $25K to $4.0M, with an average loan size of $1.1M.
Do I need a business valuation for a Horicon Bank SBA loan?
Yes, Horicon Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Horicon Bank compare to other SBA lenders?
Horicon Bank has originated 136 SBA loans totaling $152.2M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Horicon Bank lend in?
Horicon Bank provides SBA 7(a) financing with particularly strong presence in WI, IL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
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