Is Cornerstone Bank a good SBA lender?

Cornerstone Bank has funded 497 SBA loans totaling $85.3M in volume across 16 states, with an average loan size of $172K. The lender's default rate is 717.00%. Whether they are the right fit depends on your deal profile — loan size, industry, geography, and borrower credit. PeerSense matches your specific deal to Cornerstone Bank or one of 897+ alternatives based on closing probability + pricing.

What is the average SBA loan size at Cornerstone Bank?

The average SBA loan size at Cornerstone Bank is $172K, with a range from $5K to $2.0M. This profile suggests they are best suited for borrowers seeking smaller businesses, working capital, and franchise startups.

What states does Cornerstone Bank lend in?

Cornerstone Bank actively lends across 16 states. Their highest-volume state is North Dakota. Other top states include Massachusetts, Minnesota, Kansas. Borrower geography matters: a lender's state penetration affects underwriting familiarity, valuation comps, and turnaround speed.

Does Cornerstone Bank fund franchise loans?

Yes — Cornerstone Bank has funded SBA franchise loans across multiple brands. Their highest-volume franchise concept is Bricks & Minifigs, followed by redbox+, BEN FRANKLIN STORE, GOIN' POSTAL. Lender-franchise familiarity matters: lenders that have closed multiple loans for a brand know the FDD inside-out, which speeds underwriting + reduces re-trade risk.

What industries does Cornerstone Bank prefer?

Cornerstone Bank's highest-volume SBA industry by NAICS code is Limited-Service Restaurants. Other active sectors: Amusement & Recreation, Repair & Maintenance, Food & Beverage Stores. Borrower industry matters: matching your deal to a lender with strong recent volume in your NAICS reduces underwriting friction and improves close-rate odds.

How does PeerSense match deals to Cornerstone Bank?

PeerSense matches your specific SBA deal to Cornerstone Bank based on five factors: deal size vs lender's average + range, your industry vs lender's NAICS history, your state vs lender's geographic penetration, your franchise brand (if applicable) vs lender's brand history, and your credit + experience profile vs lender's known underwriting box. We don't sell leads — we curate fit. No retainer; lender pays referral fee at closing.

SBA LenderNorth DakotaActiveSmall Business

Cornerstone Bank

SBA lender based in North Dakota serving 16 states and 60 industries

Quick Answer

Cornerstone Bank has funded 497 SBA loans across 16 states and 60 industries. Their average loan size is $172K. Whether they are the right SBA lender for your deal depends on size, industry, geography, and credit profile — PeerSense matches your deal against Cornerstone Bank and 897+ alternatives based on closing probability + pricing.

Geographic Reach

16 States

Regional focus

Industry Coverage

60 Industries

Diverse lending portfolio

Lending Activity

Active

Small Business focus

Top Lending States

North Dakota#1

Massachusetts#2

Minnesota#3

Kansas#4

Nebraska#5

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Industry Focus Areas

Limited-Service Restaurants

NAICS 722

Amusement & Recreation

NAICS 713

Repair & Maintenance

NAICS 811

Food & Beverage Stores

NAICS 445

Administrative Support

NAICS 561

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Why borrowers choose Cornerstone Bank

Cornerstone Bank is best suited for borrowers seeking small-business working capital, startup, and franchise loans, with an average SBA loan of $172K. The lender's deepest industry experience is in Limited-Service Restaurants, and their highest-volume state is North Dakota. With 497 SBA loans funded across 16 states, they operate as a regional specialist anchored in North Dakota. Their portfolio default rate is 717.00%. If your deal profile aligns with their underwriting box, this lender is worth a quote — PeerSense matches your specific deal against Cornerstone Bank and 897+ alternatives.

Recent SBA Activity at Cornerstone Bank

Franchise lending: Cornerstone Bank has funded SBA loans for multiple franchise concepts, with the highest volume in Bricks & Minifigs, redbox+, and BEN FRANKLIN STORE. Lender-franchise familiarity reduces underwriting friction: brands the lender already knows clear faster and re-trade less.

Industry concentration: The lender's highest-volume SBA industries are Limited-Service Restaurants, Amusement & Recreation, and Repair & Maintenance. Borrowers in these NAICS sectors typically see better terms and faster approvals.

Geographic concentration: Top markets are North Dakota, Massachusetts, Minnesota, Kansas, and Nebraska. Lenders typically underwrite faster in states where they already have closing comps.

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Compare Cornerstone Bank to Similar SBA Lenders

Other SBA lenders headquartered in North Dakota with similar deal-size profiles. Borrowers should always compare 3–5 lenders before committing.

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About Cornerstone Bank SBA Lending

Cornerstone Bank is an SBA lender headquartered in North Dakota. PeerSense tracks this lender's SBA lending activity, including approval trends, geographic coverage, and industry specializations.

Cornerstone Bank serves borrowers across 16 states and 60 industry sectors with a regional lending focus. To find out whether Cornerstone Bank is a good fit for your specific deal, reach out to PeerSense for a free lender match.

PeerSense maintains detailed performance data on hundreds of SBA lenders to help borrowers and brokers identify the right capital source. Rather than spending weeks researching lenders on your own, book a free call and let our team match you with lenders who have a proven track record in your industry and geography.

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