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Honor Bank
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Honor Bank — SBA Loan Activity
Public SBA 7(a) and 504 lending activity for Honor Bank.
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Overview
Recent loans
Industries
Geography
7(a) vs 504
Total SBA loans
212
2010 – 2025
Approved $
$37.0M
across all programs
Avg loan size
$174K
median $100K
Top industry
Janitorial Services
12 loans · 6%
7(a) vs 504
BY APPROVAL COUNT
7(a) · 100%
SBA 7(a)
Loans
212
Approved
$37.0M
Avg size
$174K
Range
$10K – $1.9M
SBA 504
Loans
0
Approved
$0
Avg size
$0
Range
—
Top industries funded
See all industries
Janitorial Services
12
Full-Service Restaurants
11
Recreational Goods Rental
11
Fruit and Vegetable Canning
6
Landscaping Services
6
Offices of Chiropractors
5
Loan records · Honor Bank
212 records
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Sort:
Amount
Date
Per job
Borrower
Location
Approved
descending
Per job
Program
Industry
Date
Financial & Investment Management Group, LTD
Honor Bank
Traverse City, MI
49684
$1,950,000
$1.9M
7(a)
Investment Advice
2008-03-28
THE BURRITT CORPORATION
Honor Bank
Traverse City, MI
49684
$1,742,200
$62K
7(a)
Meat Markets
2021-01-20
Intrust, PC
Honor Bank
Traverse City, MI
49686
$1,490,000
$166K
7(a)
Offices of Certified Public Accountants
2016-02-08
Bay View Insurance Agency LLC
Honor Bank
Traverse City, MI
49686
$1,190,800
$132K
7(a)
Insurance Agencies and Brokerages
2018-11-07
Financial & Investment Management Group, LTD
Honor Bank
Traverse City, MI
49684
$1,000,000
$17K
7(a)
Investment Advice
2012-10-29
Umbo Traverse City LLC
Honor Bank
Traverse City, MI
49684
$923,500
$77K
7(a)
Full-Service Restaurants
2025-05-20
TC Watersports LLC
Honor Bank
Traverse City, MI
49684
$900,000
$26K
7(a)
Recreational Goods Rental
2020-09-21
Clearwaves, Inc.
Honor Bank
Traverse City, MI
49685
$895,000
$13K
7(a)
Limited-Service Restaurants
2022-02-02
MCLOGAN INVESTMENTS, INC.
Honor Bank
Honor, MI
49640
$680,000
—
7(a)
Plumbing, Heating, and Air Conditioning Contractors
1998-07-21
Derek J. Rice, D.D.S., P.L.L.C.
Honor Bank
Traverse City, MI
49684
$670,000
$84K
7(a)
Offices of Dentists
2020-07-30
Falkner's Confection Connection, Inc.
Honor Bank
Traverse City, MI
49684
$551,700
$39K
7(a)
Confectionery and Nut Stores
2023-05-18
PARADISE MEATS
Honor Bank
Kingsley, MI
49649
$550,000
—
7(a)
Meat Markets
2001-05-18
Elder Piper, LLC
Honor Bank
Petoskey, MI
49770
$500,000
$25K
7(a)
Breweries
2023-01-31
GLS Accounting Services, LLC
Honor Bank
Traverse City, MI
49684
$500,000
$83K
7(a)
Tax Preparation Services
2021-08-30
Network Services Telecom Group LLC
Honor Bank
Traverse City, MI
49686
$500,000
$31K
7(a)
Other Computer Related Services
2023-04-28
Lux Mundi Sports LLC
Honor Bank
Traverse City, MI
49686
$500,000
$71K
7(a)
Sporting Goods Retailers
2024-04-17
National Piling Products Inc
Honor Bank
Traverse City, MI
49684
$397,900
$199K
7(a)
"Construction, Mining, and Forestry Machinery and Equipment Rental and Leasing"
2012-01-11
Louie's Meats
Honor Bank
Traverse City, MI
49684
$350,000
$44K
7(a)
Packaged Frozen Food Merchant Wholesalers
2011-01-25
Financial & Investment Management Group, LTD
Honor Bank
Traverse City, MI
49684
$350,000
$9K
7(a)
Securities Brokerage
2013-07-19
FOOD FOR THOUGHT
Honor Bank
Honor, MI
49640
$350,000
$29K
7(a)
Fruit and Vegetable Canning
2013-06-04
Rips Rentals LLC
Honor Bank
Traverse City, MI
49686
$350,000
$29K
7(a)
Recreational Goods Rental
2020-05-06
Sigma Communications, Inc.
Honor Bank
Traverse City, MI
49686
$350,000
$175K
7(a)
"All Other Professional, Scientific, and Technical Services"
2012-03-27
Grand Traverse Foot & Ankle Center PC
Honor Bank
Traverse City, MI
49686
$349,700
$39K
7(a)
Offices of Physicians (except Mental Health Specialists)
2013-12-06
Reilchz Inc.
Honor Bank
Traverse City, MI
49684
$337,500
$42K
7(a)
All Other Specialty Food Retailers
2024-11-15
National Piling Products Inc
Honor Bank
Traverse City, MI
49684
$325,000
$108K
7(a)
Other Construction Material Merchant Wholesalers
2012-02-02
Financial & Investment Management Group, LTD
Traverse City, MI · 49684
$1,950,000
7(a)
Honor Bank
$1.9M/job · 2008-03-28
THE BURRITT CORPORATION
Traverse City, MI · 49684
$1,742,200
7(a)
Honor Bank
$62K/job · 2021-01-20
Intrust, PC
Traverse City, MI · 49686
$1,490,000
7(a)
Honor Bank
$166K/job · 2016-02-08
Bay View Insurance Agency LLC
Traverse City, MI · 49686
$1,190,800
7(a)
Honor Bank
$132K/job · 2018-11-07
Financial & Investment Management Group, LTD
Traverse City, MI · 49684
$1,000,000
7(a)
Honor Bank
$17K/job · 2012-10-29
Umbo Traverse City LLC
Traverse City, MI · 49684
$923,500
7(a)
Honor Bank
$77K/job · 2025-05-20
TC Watersports LLC
Traverse City, MI · 49684
$900,000
7(a)
Honor Bank
$26K/job · 2020-09-21
Clearwaves, Inc.
Traverse City, MI · 49685
$895,000
7(a)
Honor Bank
$13K/job · 2022-02-02
MCLOGAN INVESTMENTS, INC.
Honor, MI · 49640
$680,000
7(a)
Honor Bank
1998-07-21
Derek J. Rice, D.D.S., P.L.L.C.
Traverse City, MI · 49684
$670,000
7(a)
Honor Bank
$84K/job · 2020-07-30
Falkner's Confection Connection, Inc.
Traverse City, MI · 49684
$551,700
7(a)
Honor Bank
$39K/job · 2023-05-18
PARADISE MEATS
Kingsley, MI · 49649
$550,000
7(a)
Honor Bank
2001-05-18
Elder Piper, LLC
Petoskey, MI · 49770
$500,000
7(a)
Honor Bank
$25K/job · 2023-01-31
GLS Accounting Services, LLC
Traverse City, MI · 49684
$500,000
7(a)
Honor Bank
$83K/job · 2021-08-30
Network Services Telecom Group LLC
Traverse City, MI · 49686
$500,000
7(a)
Honor Bank
$31K/job · 2023-04-28
Lux Mundi Sports LLC
Traverse City, MI · 49686
$500,000
7(a)
Honor Bank
$71K/job · 2024-04-17
National Piling Products Inc
Traverse City, MI · 49684
$397,900
7(a)
Honor Bank
$199K/job · 2012-01-11
Louie's Meats
Traverse City, MI · 49684
$350,000
7(a)
Honor Bank
$44K/job · 2011-01-25
Financial & Investment Management Group, LTD
Traverse City, MI · 49684
$350,000
7(a)
Honor Bank
$9K/job · 2013-07-19
FOOD FOR THOUGHT
Honor, MI · 49640
$350,000
7(a)
Honor Bank
$29K/job · 2013-06-04
Rips Rentals LLC
Traverse City, MI · 49686
$350,000
7(a)
Honor Bank
$29K/job · 2020-05-06
Sigma Communications, Inc.
Traverse City, MI · 49686
$350,000
7(a)
Honor Bank
$175K/job · 2012-03-27
Grand Traverse Foot & Ankle Center PC
Traverse City, MI · 49686
$349,700
7(a)
Honor Bank
$39K/job · 2013-12-06
Reilchz Inc.
Traverse City, MI · 49684
$337,500
7(a)
Honor Bank
$42K/job · 2024-11-15
National Piling Products Inc
Traverse City, MI · 49684
$325,000
7(a)
Honor Bank
$108K/job · 2012-02-02
1–25 of 212
Page 1 of 9
Where Honor Bank lends
APPROVAL CONCENTRATION
TOP STATES
MI
211
IL
1