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CorTrust Bank National Association

MITCHELL, SD 57301

42
Loans Approved
$12.4M
Total Volume
$296K
Avg Loan Size
2
States Served

States Served

MinnesotaSouth Dakota

Top Industries Financed

  • All Other Specialty Trade Contractors
  • Full-Service Restaurants
  • Landscaping Services
  • Soap and Other Detergent Manufacturing
  • Glass and Glazing Contractors

Quick Summary

CorTrust Bank National Association is an SBA-approved lender headquartered in MITCHELL, South Dakota. Since 2020, they have approved 42 SBA 7(a) loans totaling $12.4M, with an average loan size of $296K. They serve businesses across 2 states.

About CorTrust Bank National Association

CorTrust Bank National Association is an SBA-approved lender headquartered in MITCHELL, South Dakota. Since 2020, they have approved 42 SBA 7(a) loans totaling $12.4M, with an average loan size of $296K. They serve businesses across 2 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is CorTrust Bank National Association an SBA Preferred Lender?

CorTrust Bank National Association is an SBA-approved lender but does not currently hold Preferred Lender (PLP) status. Loan approvals require standard SBA review, which typically adds 2–4 weeks to the process.

How many SBA loans has CorTrust Bank National Association approved?

According to SBA FOIA public records, CorTrust Bank National Association has approved 42 SBA 7(a) loans totaling $12.4M since 2020. Their average loan size is $296K.

What states does CorTrust Bank National Association serve?

CorTrust Bank National Association serves businesses in 2 states: Minnesota, South Dakota.

How do I apply for an SBA loan with CorTrust Bank National Association?

To apply for an SBA 7(a) loan with CorTrust Bank National Association, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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