CorTrust Bank approved 19 SBA loans worth $6.7M between October 2021 and June 2026, ranking #921 of 2,283 SBA lenders nationally by loan count. Its median loan was $100,000, and 26% went to startups or businesses under two years old. It lent in 2 states, most often in Minnesota, and its most financed industry was administrative and support services.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Minnesota | 17 | $3.9M | $100,000 | #73 |
| South Dakota | 2 | $2.8M | $1,413,500 | #42 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Administrative and support services | 4 | $45,000 | |
| Manufacturing | 3 | $300,000 | |
| Wholesale trade | 3 | $100,000 | |
| Other services (repair, personal care) | 2 | $66,750 | |
| Health care and social assistance | 2 | $190,950 | |
| Construction | 1 | $50,000 | |
| Education | 1 | $170,000 | |
| Restaurants and hotels | 1 | $300,000 | |
| Retail | 1 | $2,777,000 | |
| Transportation and warehousing | 1 | $65,000 |