STRONG
How competitive are their spreads? Lower = better for you.
GOOD
Total SBA loans closed. More deals = more experience.
GOOD
How many industries do they lend in? More = flexible.
WEAK
States where they've done deals. Wider = easier if you're out of state.
Total SBA Loans
245
2010–2025
Total Volume
$96M
Gross loan amounts
States Active
4
With recorded loans
Programs
7(a) & 504
245 total segments
Horicon Bank has a strong focus on existing businesses, with 63% of their deals serving this purpose. This makes them a great choice for established companies looking to expand or refinance.
With an average 7(a) spread of P+1.84%, Horicon Bank offers competitive pricing compared to the national median of P+2.75%. This could lead to significant savings over the life of your loan.
Horicon Bank has a notable 22% share of 504 loans, which is above the national average. This indicates they are well-equipped to handle larger real estate transactions, making them suitable for borrowers needing substantial financing.
Quarterly SBA lending activity, last 5 years.
Estimated spreads based on real historical SBA lending data. Directional, not exact quotes. Excludes 54 504 loans, which use fixed SBA debenture rates.
States where Horicon Bank has recorded SBA lending activity.
Lending activity by industry cluster.
Top 8 of 15 industries by deal count
Manufacturing
Manufacturing
Restaurants & Food Service
Accommodation & Food Services
Specialty Trade Contractors
Construction
Administrative & Waste Services
Administrative & Waste Services
Management & IT Consulting
Professional Services
Other Professional Services
Professional Services
General Merchandise
Retail Trade
Auto Repair & Maintenance
Other Services
+ 7 more
All recorded SBA lending activity for Horicon Bank, grouped by state, industry, and deal size.
| Segment | Program | Deals↓ | Median Spread | Avg Size | Last Deal |
|---|---|---|---|---|---|
| Wisconsin · Manufacturing · Under $150K | 7(a) | 20 | P+2.00% | $78K | Q2 2024 |
| Wisconsin · Administrative & Waste Services · Under $150K | 7(a) | 11 | P+2.75% | $87K | Q2 2015 |
| Wisconsin · Restaurants & Food Service · Under $150K | 7(a) | 11 | P+2.25% | $69K | Q2 2015 |
| Wisconsin · Other Professional Services · Under $150K | 7(a) | 8 | P+2.75% | $57K | Q3 2015 |
| Wisconsin · General Merchandise · Under $150K | 7(a) | 8 | P+2.25% | $78K | Q3 2017 |
| Wisconsin · Specialty Trade Contractors · Under $150K | 7(a) | 6 | P+2.50% | $33K | Q1 2015 |
| Wisconsin · Other Repair & Services · Under $150K | 7(a) | 6 | P+1.63% | $51K | Q1 2017 |
| Wisconsin · Management & IT Consulting · Under $150K | 7(a) | 6 | P+2.75% | $69K | Q1 2016 |
| Wisconsin · Legal Services · Under $150K | 7(a) | 5 | P+1.75% | $64K | Q2 2012 |
| Wisconsin · Manufacturing · $150K – $350K | 7(a) | 5 | P+2.00% | $261K | Q4 2013 |
| Wisconsin · Arts, Entertainment & Recreation · Under $150K | 7(a) | 5 | P+1.50% | $78K | Q4 2024 |
| Wisconsin · Other Health Practitioners · Under $150K | 7(a) | 5 | P+2.25% | $45K | Q3 2017 |
| Wisconsin · Gas Stations · Under $150K | 7(a) | 4 | P+2.75% | $48K | Q4 2014 |
| Wisconsin · Other Professional Services · $150K – $350K | 7(a) | 4 | P+1.00% | $231K | Q3 2016 |
| Wisconsin · Transportation & Warehousing · Under $150K | 7(a) | 4 | P+2.25% | $41K | Q4 2014 |
| Wisconsin · Restaurants & Food Service · $500K – $1M | 504 | 3 | — | $868K | Q3 2022 |
| Wisconsin · Manufacturing · $1M – $2M | 504 | 3 | — | $1.6M | Q3 2016 |
| Wisconsin · Specialty Trade Contractors · $150K – $350K | 504 | 3 | — | $219K | Q3 2019 |
| Wisconsin · Wholesale Trade · Under $150K | 7(a) | 3 | P+2.25% | $77K | Q4 2013 |
| Wisconsin · Accounting & Tax · Under $150K | 7(a) | 3 | P+1.25% | $88K | Q3 2015 |
| Wisconsin · Building Construction · Under $150K | 7(a) | 3 | P+2.00% | $85K | Q1 2015 |
| Wisconsin · Specialty Trade Contractors · $500K – $1M | 504 | 3 | — | $798K | Q1 2024 |
| Wisconsin · Restaurants & Food Service · $150K – $350K | 7(a) | 3 | P+2.25% | $226K | Q4 2016 |
| Wisconsin · Personal Care (Salons, Spas) · Under $150K | 7(a) | 3 | P+2.75% | $30K | Q3 2011 |
| Wisconsin · Manufacturing · $150K – $350K | 504 | 3 | — | $280K | Q4 2024 |
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