Horizon Bank

IN

SBA-approved lender offering 6 loan programs across 25 industries.

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Key Metrics

Interest Rate

7.65%

0.90% over prime

Average Loan

$473K

Per approval

Total Approvals

87

FY 2025

Loan Programs (6)

7a General
Change of Ownership
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
International Trade Loans

Industries Served (25)

All Other Miscellaneous ManufacturingAll Other Personal ServicesAll Other Specialty Trade ContractorsCoin-Operated Laundries and DrycleanersFarm Management ServicesFitness and Recreational Sports CentersInsurance Agencies and BrokeragesLandscaping ServicesLimited-Service RestaurantsLocal Messengers and Local DeliveryOffices of Certified Public AccountantsOffices of Physicians (except Mental Health Specialists)Offices of Physicians, Mental Health SpecialistsOther Miscellaneous Nondurable Goods Merchant WholesalersOther Scientific and Technical Consulting ServicesPet Care (except Veterinary) ServicesSign ManufacturingSite Preparation ContractorsSnack and Nonalcoholic Beverage BarsSolid Waste CollectionSupermarkets and Other Grocery (except Convenience) StoresSurveying and Mapping (except Geophysical) ServicesTruck, Utility Trailer, and RV (Recreational Vehicle) Rental and LeasingVeterinary ServicesWood Kitchen Cabinet and Countertop Manufacturing

Additional Details

Prime Rate
6.75%
Rate Over Prime
0.90%
Effective Rate
7.65%
Fiscal Year
2025
States Served
IN

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