Honor Bank approved 11 SBA loans worth $4.7M between October 2021 and June 2026, ranking #1166 of 2,283 SBA lenders nationally by loan count. Its median loan was $500,000, and 18% went to startups or businesses under two years old. It lent in 1 states, most often in Michigan, and its most financed industry was retail.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Michigan | 11 | $4.7M | $500,000 | #85 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Retail | 4 | $418,750 | |
| Restaurants and hotels | 3 | $895,000 | |
| Manufacturing | 1 | $500,000 | |
| Administrative and support services | 1 | $135,000 | |
| Professional and technical services | 1 | $500,000 | |
| Mining and oil and gas | 1 | $50,000 |