Cornerstone Bank
SBA 7(a) Lending Profile · FY 2026 analysis
Industry Focus
Top industries served by Cornerstone Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722511 | Full-Service Restaurants | 32 | $4.4M | $138K | 8.7% |
| 713940 | Fitness and Recreational Sports Centers | 32 | $6.5M | $204K | 8.7% |
| 561730 | Landscaping Services | 24 | $2.1M | $87K | 6.5% |
| 459120 | Other | 16 | $3.2M | $200K | 4.3% |
| 621399 | Offices of All Other Miscellaneous Health Practitioners | 16 | $2.0M | $128K | 4.3% |
| 624410 | Child Day Care Services | 16 | $2.7M | $170K | 4.3% |
| 811121 | Automotive Body, Paint, and Interior Repair and Maintenance | 16 | $7.2M | $450K | 4.3% |
| 621310 | Offices of Chiropractors | 16 | $1.4M | $88K | 4.3% |
| 522320 | Financial Transactions Processing, Reserve, and Clearinghouse Activiti | 8 | $1.1M | $132K | 2.2% |
| 444130 | Hardware Stores | 8 | $1.2M | $150K | 2.2% |
Geographic Distribution
SBA lending activity for Cornerstone Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Massachusetts (MA) | 224 | $37.7M | 60.9% |
| North Dakota (ND) | 56 | $29.0M | 15.2% |
| Nebraska (NE) | 24 | $5.0M | 6.5% |
| Minnesota (MN) | 24 | $4.4M | 6.5% |
| South Dakota (SD) | 24 | $3.0M | 6.5% |
| Connecticut (CT) | 8 | $1.2M | 2.2% |
| Florida (FL) | 8 | $408K | 2.2% |
Why Choose Cornerstone Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 368 SBA loans approved, totaling $80.7M in financing
- ✓Industry Expertise: Specialized focus on Full-Service Restaurants, Fitness and Recreational Sports Centers, Landscaping Services
- ✓Competitive Terms: Average interest rate of 6.06% with flexible term lengths averaging 83 months
- ✓Loan Range: Loan sizes from $5K to $1.1M, with an average of $219K
- ✓Nationwide Reach: Active lending in 7 states, with strong presence in MA, ND, MN
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Cornerstone Bank SBA lending
What types of businesses does Cornerstone Bank typically finance?
Cornerstone Bank specializes in SBA 7(a) lending to specific industries including full-service restaurants, fitness and recreational sports centers, landscaping services, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Cornerstone Bank's typical SBA loan terms?
Cornerstone Bank's SBA 7(a) loans typically feature an average interest rate of 6.06% and average term length of 83 months (approximately 7 years). Loan sizes range from $5K to $1.1M, with an average loan size of $219K.
Do I need a business valuation for a Cornerstone Bank SBA loan?
Yes, Cornerstone Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Cornerstone Bank compare to other SBA lenders?
Cornerstone Bank has originated 368 SBA loans totaling $80.7M since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Cornerstone Bank lend in?
Cornerstone Bank provides SBA 7(a) financing with particularly strong presence in MA, ND, MN, NE, SD. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.