SBA lender profile
Cornerstone State Bank
Cornerstone State Bank appears in the public SBA loan data with 2 funded 7(a) loans totaling $681K, an average of $341K per loan, and an estimated 6 jobs supported. Its SBA lending concentrates in Minnesota and the Retail Trade 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
2
Total volume
$681K
Average loan size
$341K
Charge-off rate
0.0%
Share of funded loans charged off
Jobs supported (reported)
6
Programs
7(a)
Bank profile
via FDIC- Total assets
- $243M
- Headquarters
- Montgomery, MN
- FDIC cert
- #21525
- Status
- Active
Where Cornerstone State Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Minnesota | 2 | $681K |
What Cornerstone State Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Retail Trade | 2 | $681K |
Cornerstone State Bank SBA lending by year
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2020 | 1 | $310K |
| 2021 | 1 | $371K |
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 State 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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