Honor CU approved 11 SBA loans worth $3.7M between October 2021 and June 2026, ranking #1161 of 2,283 SBA lenders nationally by loan count. Its median loan was $324,000, and 36% went to startups or businesses under two years old. It lent in 1 states, most often in Michigan, and its most financed industry was other services (repair, personal care).
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Michigan | 11 | $3.7M | $324,000 | #84 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 4 | $290,200 | |
| Restaurants and hotels | 4 | $260,000 | |
| Retail | 2 | $380,300 | |
| Health care and social assistance | 1 | $500,000 |