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Horizon Financial Bank, SBA Loan Activity

Public SBA 7(a) and 504 lending activity for Horizon Financial Bank.

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Overview Recent loans Industries Geography 7(a) vs 504

Total SBA loans

2010 – 2025

Approved $

$5.9M

across all programs

Avg loan size

$228K

median $185K

Top industry

Security Systems Services (except Locksmiths)

3 loans · 12%

7(a) vs 504

BY APPROVAL COUNT

7(a) · 100%

SBA 7(a)

Loans

Approved

$5.9M

Avg size

$228K

Range

$45K – $1.0M

SBA 504

Loans

Approved

Avg size

Range

–

Top industries funded

See all industries

Security Systems Services (except Locksmiths)

"Specialized Freight (except Used Goods) Trucking, Local"

Beer and Ale Wholesalers

"Automotive Body, Paint, and Interior Repair and Maintenance"

"Crop Harvesting, Primarily by Machine"

"Hat, Cap, and Millinery Manufacturing"

Loan records · Horizon Financial Bank

26 records

Sort:

Borrower

Location

Program

Industry

WALLY'S, INC.Horizon Financial Bank

Devils Lake, ND

58301

$1,000,000

–

7(a)

Supermarkets and Other Grocery (except Convenience) Stores

2000-03-22

DESAUTEL BROTHERS RENTALS Horizon Financial Bank

Grafton, ND

58237

$450,000

–

7(a)

–

1991-06-11

SCHWAN WHOLESALE, INC.Horizon Financial Bank

Devils Lake, ND

58301

$428,000

–

7(a)

Beer and Ale Wholesalers

1992-09-30

DAKOTA SPORTSWEAR, INC.Horizon Financial Bank

Devils Lake, ND

58301

$400,000

–

7(a)

"Hat, Cap, and Millinery Manufacturing"

2001-10-26

DAKOTA SPORTSWEAR, INC.Horizon Financial Bank

Devils Lake, ND

58301

$310,000

–

7(a)

–

1996-02-23

Iron Horse, Inc.Horizon Financial Bank

New Town, ND

58763

$300,000

$17K

7(a)

"Specialized Freight (except Used Goods) Trucking, Local"

2017-10-31

SCHWAN WHOLESALE COMPANY, INC.Horizon Financial Bank

Grand Forks, ND

58201

$275,000

–

7(a)

Beer and Ale Wholesalers

1994-03-15

ED'S BAR BAIT & CONVENIENCE Horizon Financial Bank

Devils Lake, ND

58301

$254,900

–

7(a)

Other Gasoline Stations

1999-05-03

KRAFT HARVESTING Horizon Financial Bank

Munich, ND

58352

$250,000

–

7(a)

"Crop Harvesting, Primarily by Machine"

2003-11-24

NewVision Security, LLC Horizon Financial Bank

Bismarck, ND

58503

$250,000

$36K

7(a)

Security Systems Services (except Locksmiths)

2021-05-24

WALLY'S FOOD WAREHOUSE, INC.Horizon Financial Bank

Devils Lake, ND

58301

$230,000

–

7(a)

–

1991-06-11

LAKE REGION DIESEL INC Horizon Financial Bank

Devils Lake, ND

58301

$225,000

–

7(a)

–

1997-12-31

NewVision Security, LLC Horizon Financial Bank

Bismarck, ND

58503

$200,000

$29K

7(a)

Security Systems Services (except Locksmiths)

2021-05-24

CLAUSON AG SERVICE Horizon Financial Bank

Lakota, ND

58344

$170,000

–

7(a)

"Soil Preparation, Planting, and Cultivating"

2001-04-04

AL'S BODY SHOP, INC.Horizon Financial Bank

Devils Lake, ND

58301

$160,000

–

7(a)

"Automotive Body, Paint, and Interior Repair and Maintenance"

1998-04-13

DAKOTA SPORTSWEAR, INC.Horizon Financial Bank

Devils Lake, ND

58301

$153,300

–

7(a)

–

1996-11-05

MJ INDUSTRIES Horizon Financial Bank

Devils Lake, ND

58301

$150,000

–

7(a)

All Other Miscellaneous Textile Product Mills

2001-10-29

AAFEDTS MEAT MARKET Horizon Financial Bank

Munich, ND

58352

$125,700

–

7(a)

–

1998-05-19

ROLLA AUTO SALES Horizon Financial Bank

Rolla, ND

58367

$120,000

–

7(a)

Automobile and Other Motor Vehicle Merchant Wholesalers

2003-09-23

PERFORMANCE PRODUCTS & REPAIR Horizon Financial Bank

Devils Lake, ND

58301

$102,500

–

7(a)

Home and Garden Equipment Repair and Maintenance

2001-03-07

LAKE REGION FEED & CONCRETE PR Horizon Financial Bank

Devil's Lake, ND

58301

$90,000

–

7(a)

Concrete Block and Brick Manufacturing

2003-10-01

CLAUSON AG SERVICE Horizon Financial Bank

Lakota, ND

58344

$68,000

–

7(a)

Postharvest Crop Activities (except Cotton Ginning)

1999-03-11

JACKALOPE CONVERSIONS Horizon Financial Bank

Leeds, ND

58346

$65,000

–

7(a)

Travel Trailer and Camper Manufacturing

2003-10-07

Newvision Security, LLC Horizon Financial Bank

Bismarck, ND

58503

$55,000

$18K

7(a)

Security Systems Services (except Locksmiths)

2021-11-16

Iron Horse, Inc.Horizon Financial Bank

New Town, ND

58763

$50,000

$3K

7(a)

"Specialized Freight (except Used Goods) Trucking, Local"

2018-01-15

WALLY'S, INC.

Devils Lake, ND · 58301

$1,000,000

7(a)

Horizon Financial Bank2000-03-22

DESAUTEL BROTHERS RENTALS

Grafton, ND · 58237

$450,000

7(a)

Horizon Financial Bank1991-06-11

SCHWAN WHOLESALE, INC.

Devils Lake, ND · 58301

$428,000

7(a)

Horizon Financial Bank1992-09-30

DAKOTA SPORTSWEAR, INC.

Devils Lake, ND · 58301

$400,000

7(a)

Horizon Financial Bank2001-10-26

DAKOTA SPORTSWEAR, INC.

Devils Lake, ND · 58301

$310,000

7(a)

Horizon Financial Bank1996-02-23

Horizon Financial Bank$17K/job · 2017-10-31

SCHWAN WHOLESALE COMPANY, INC.

Grand Forks, ND · 58201

$275,000

7(a)

Horizon Financial Bank1994-03-15

ED'S BAR BAIT & CONVENIENCE

Devils Lake, ND · 58301

$254,900

7(a)

Horizon Financial Bank1999-05-03

Horizon Financial Bank2003-11-24

NewVision Security, LLC

Bismarck, ND · 58503

$250,000

7(a)

Horizon Financial Bank$36K/job · 2021-05-24

WALLY'S FOOD WAREHOUSE, INC.

Devils Lake, ND · 58301

$230,000

7(a)

Horizon Financial Bank1991-06-11

LAKE REGION DIESEL INC

Devils Lake, ND · 58301

$225,000

7(a)

Horizon Financial Bank1997-12-31

NewVision Security, LLC

Bismarck, ND · 58503

$200,000

7(a)

Horizon Financial Bank$29K/job · 2021-05-24

Horizon Financial Bank2001-04-04

AL'S BODY SHOP, INC.

Devils Lake, ND · 58301

$160,000

7(a)

Horizon Financial Bank1998-04-13

DAKOTA SPORTSWEAR, INC.

Devils Lake, ND · 58301

$153,300

7(a)

Horizon Financial Bank1996-11-05

MJ INDUSTRIES

Devils Lake, ND · 58301

$150,000

7(a)

Horizon Financial Bank2001-10-29

Horizon Financial Bank1998-05-19

Horizon Financial Bank2003-09-23

PERFORMANCE PRODUCTS & REPAIR

Devils Lake, ND · 58301

$102,500

7(a)

Horizon Financial Bank2001-03-07

LAKE REGION FEED & CONCRETE PR

Devil's Lake, ND · 58301

$90,000

7(a)

Horizon Financial Bank2003-10-01

Horizon Financial Bank1999-03-11

JACKALOPE CONVERSIONS

Leeds, ND · 58346

$65,000

7(a)

Horizon Financial Bank2003-10-07

Newvision Security, LLC

Bismarck, ND · 58503

$55,000

7(a)

Horizon Financial Bank$18K/job · 2021-11-16

Horizon Financial Bank$3K/job · 2018-01-15

1–25 of 26

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Where Horizon Financial Bank lends

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