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Cornerstone Bank

FARGO, ND 58104

13
Loans Approved
$4.5M
Total Volume
$350K
Avg Loan Size
3
States Served

States Served

MinnesotaNorth DakotaSouth Dakota

Top Industries Financed

  • Offices of Chiropractors
  • All Other Miscellaneous Store Retailers (except Tobacco Stores)
  • Funeral Homes and Funeral Services
  • All Other Specialty Trade Contractors
  • Landscaping Services

Quick Summary

Cornerstone Bank is an SBA-approved lender headquartered in FARGO, North Dakota. Since 2020, they have approved 13 SBA 7(a) loans totaling $4.5M, with an average loan size of $350K. They serve businesses across 3 states.

About Cornerstone Bank

Cornerstone Bank is an SBA-approved lender headquartered in FARGO, North Dakota. Since 2020, they have approved 13 SBA 7(a) loans totaling $4.5M, with an average loan size of $350K. They serve businesses across 3 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Cornerstone Bank an SBA Preferred Lender?

Cornerstone Bank 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 Cornerstone Bank approved?

According to SBA FOIA public records, Cornerstone Bank has approved 13 SBA 7(a) loans totaling $4.5M since 2020. Their average loan size is $350K.

What states does Cornerstone Bank serve?

Cornerstone Bank serves businesses in 3 states: Minnesota, North Dakota, South Dakota.

How do I apply for an SBA loan with Cornerstone Bank?

To apply for an SBA 7(a) loan with Cornerstone Bank, 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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