SBA lender profile
Cornerstone Bank
Cornerstone Bank appears in the public SBA loan data with 50 funded 7(a) loans totaling $11.7M, an average of $234K per loan, and an estimated 454 jobs supported. Its SBA lending concentrates in Massachusetts and the Other Services sector. Across all of its loans in the data, its charge-off rate is 0.0%.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31
Funded loans
50
Total volume
$11.7M
Average loan size
$234K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
454
Programs
7(a)
Bank profile
via FDIC- Total assets
- $1.8B
- Headquarters
- Fargo, ND
- FDIC cert
- #13198
- Status
- Active
Where Cornerstone Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Massachusetts | 30 | $6.0M |
| North Dakota | 8 | $3.8M |
| Minnesota | 4 | $731K |
| Nebraska | 3 | $629K |
| South Dakota | 3 | $375K |
| Connecticut | 1 | $150K |
What Cornerstone Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Other Services | 6 | $2.3M |
| Retail Trade | 8 | $1.6M |
| Administrative and Support | 5 | $1.3M |
| Construction | 3 | $1.1M |
| Wholesale Trade | 1 | $1.0M |
| Arts, Entertainment, Recreation | 5 | $953K |
Cornerstone Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 10 | $2.4M |
| 2021 | 9 | $916K |
| 2022 | 11 | $1.9M |
| 2023 | 3 | $1.4M |
| 2024 | 4 | $876K |
| 2025 | 9 | $2.8M |
| 2026 | 4 | $1.4M |
Sources and disclaimer. All figures are computed from
the U.S. Small Business Administration's public FOIA 7(a) and 504 loan data (as of 2026-03-31),
as described in our methodology.
The charge-off rate is the share of Cornerstone Bank's funded loans marked charged off across all of its
loans in the data; it is not a lifetime default rate. SBA Loan Index is not affiliated with the
SBA and is not a lender, broker, or financial advisor. This is general information, not advice.
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