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The Lender Report built this page from public records. Horicon Bank has not reviewed it. Every lender's page starts this way, and it says nothing about Horicon Bank itself. Each figure shows its source and date. Work at Horicon Bank? You can claim this page for free.

SBA 504 record

Horicon Bank: SBA 504 first liens made

Horicon Bank, a bank based in Horicon, WI, made 10 SBA 504 first liens in the 36 months ending September 30, 2026, $7.4M in all, net of cancelled approvals. The typical first lien was about $690K, and 5 were in the last 12 months. Most were in Wisconsin.

Evidence
SBA 504 loans in the 36 months ending September 30, 2026, SBA
Data as of
SBA, September 30, 2026
Page last changed
November 11, 2026
First liens, 36 months
10
SBA FOIA,
Net of cancelled approvals
Dollars
$7.43M
SBA FOIA,
Rounded amounts
Typical loan
$690K
SBA FOIA,
Largest loan
$1.7M
SBA FOIA,
Rounded to 2 significant figures
Last 12 months
5
SBA FOIA,

Cite this

Source: The Lender Report, Horicon Bank: SBA 504 first liens made, https://lender.report/lender/horicon-bank-wi/sba-504/, data as of September 30, 2026.

Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.

Horicon BankNewest first
PeriodPlaceLoanAmountRateTermLTVSource
Mar 2026WisconsinSBA 504, Full-Service Restaurants$210K25 yrSBA FOIA
Apr 2025WisconsinSBA 504, Offices of Dentists$590K25 yrSBA FOIA
Nov 2024WisconsinSBA 504, Limited-Service Restaurants$1.5M25 yrSBA FOIA
Nov 2024WisconsinSBA 504, Bowling Centers$760K25 yrSBA FOIA
Nov 2024WisconsinSBA 504, All Other Miscellaneous Fabricated Metal Product Manufacturing$300K25 yrSBA FOIA
Nov 2024WisconsinSBA 504, Transportation and Warehousing$260K10 yrSBA FOIA
Sep 2024WisconsinSBA 504, Gasoline Stations with Convenience Stores$1.1M25 yrSBA FOIA
Aug 2024WisconsinSBA 504, Retail Trade$320K25 yrSBA FOIA
May 2024WisconsinSBA 504, Hotels (except Casino Hotels) and Motels$1.7M25 yrSBA FOIA
Mar 2024WisconsinSBA 504, All Other Specialty Trade Contractors$690K25 yrSBA FOIA
10 SBA 504 first liens since October 2023, net of cancelled$7.43MSBA FOIA

A blank means the source did not report it.

Where Horicon Bank's SBA 504 first liens were made, most loans first
StateFirst liensDollars
Wisconsin10$7.43M
SBA FOIA,

SBA loans are on record by state only.

Horicon Bank: SBA 504 first liens by size
Loan sizeFirst liensDollars
Under $150K0$0
$150K to $350K4$1.09M
$350K to $1M3$2.04M
$1M to $2.5M3$4.30M
$2.5M or more0$0
SBA FOIA,
Horicon Bank: SBA 504 first liens by quarter
QuarterFirst liensDollars
2024 Q11$690K
2024 Q21$1.70M
2024 Q32$1.42M
2024 Q44$2.82M
2025 Q21$590K
2026 Q11$210K
SBA FOIA,

Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.

SBA FOIA,

A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.

How the SBA processed the loans
Processing methodLoans
Accredited Lenders Program7
ALP Express2
ALP Express Debt Refi1
SBA FOIA,
Certified Development Companies on Horicon Bank's 504 projects
Certified Development CompanyProjects
WBD, Inc.10
SBA FOIA,
  • Horicon Bank made 10 SBA 504 first liens totaling $7.4M in the 36 months ending September 30, 2026, net of cancelled approvals, in 1 state. SBA FOIA,
  • The SBA file shows 5 approvals naming Horicon Bank as first-lien lender dated in the 12 months to September 30, 2026, and 9 in the 12 months before. Both counts leave out cancelled approvals and include approvals not yet funded, so the two periods are measured the same way. SBA FOIA,
  • The typical first lien was about $690K, with the middle half between $300K and $1.1M. SBA FOIA,
  • The largest was about $1.7M. Every amount is rounded to 2 significant figures. SBA FOIA,
  • 0 loans were under $150K, and 3 were $1M or more. SBA FOIA,
  • The median term was 25 years. SBA FOIA,
  • Its loans went most often to All Other Miscellaneous Fabricated Metal Product Manufacturing, with 1. SBA FOIA,
  • The SBA file lists 7 of its loans as processed under Accredited Lenders Program. SBA FOIA,
  • It worked with 1 Certified Development Company, most often WBD, Inc.. SBA FOIA,
  • Its loans were most often in Wisconsin (10). SBA FOIA,

What we don't know

  • Whether Horicon Bank is taking new SBA 504 loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.

SBA 504 figures count the first-lien lender on each SBA approval. Dollars are first-lien amounts.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.