States Served
Top Industries Financed
- Automotive Parts and Accessories Stores
Quick Summary
Cornerstone State Bank is an SBA-approved lender headquartered in Montgomery, Minnesota. Since 2020, they have approved 2 SBA 7(a) loans totaling $681K, with an average loan size of $341K. They primarily serve Minnesota businesses.
About Cornerstone State Bank
Cornerstone State Bank is an SBA-approved lender headquartered in Montgomery, Minnesota. Since 2020, they have approved 2 SBA 7(a) loans totaling $681K, with an average loan size of $341K. They primarily serve businesses in Minnesota.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA Borrower Guides
Frequently Asked Questions
Is Cornerstone State Bank an SBA Preferred Lender?
Cornerstone State 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 State Bank approved?
According to SBA FOIA public records, Cornerstone State Bank has approved 2 SBA 7(a) loans totaling $681K since 2020. Their average loan size is $341K.
What states does Cornerstone State Bank serve?
Cornerstone State Bank primarily serves businesses in Minnesota.
How do I apply for an SBA loan with Cornerstone State Bank?
To apply for an SBA 7(a) loan with Cornerstone State 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+.
Get in Touch with This Lender
Contact Cornerstone State Bank
Ready to Apply for an SBA Loan?
Check if you qualify in minutes — no impact to your credit score.
SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days