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New Horizon Bank, National Association

POWHATAN, VA 23139

11
Loans Approved
$2.1M
Total Volume
$191K
Avg Loan Size
1
States Served

States Served

Virginia

Top Industries Financed

  • Motor Vehicle Towing
  • Limited-Service Restaurants
  • Other Personal Care Services
  • All Other Amusement and Recreation Industries
  • Child Day Care Services

Quick Summary

New Horizon Bank, National Association is an SBA-approved lender headquartered in POWHATAN, Virginia. Since 2020, they have approved 11 SBA 7(a) loans totaling $2.1M, with an average loan size of $191K. They primarily serve Virginia businesses.

About New Horizon Bank, National Association

New Horizon Bank, National Association is an SBA-approved lender headquartered in POWHATAN, Virginia. Since 2020, they have approved 11 SBA 7(a) loans totaling $2.1M, with an average loan size of $191K. They primarily serve businesses in Virginia.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is New Horizon Bank, National Association an SBA Preferred Lender?

New Horizon Bank, National Association is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has New Horizon Bank, National Association approved?

According to SBA FOIA public records, New Horizon Bank, National Association has approved 11 SBA 7(a) loans totaling $2.1M since 2020. Their average loan size is $191K.

What states does New Horizon Bank, National Association serve?

New Horizon Bank, National Association primarily serves businesses in Virginia.

How do I apply for an SBA loan with New Horizon Bank, National Association?

To apply for an SBA 7(a) loan with New Horizon Bank, National Association, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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