CorTrust Bank National Association: SBA loans in this registry
7companies
7loans
$20.9Mtotal approved
$3.0Maverage loan
About this lender
- Type
- Bank
- Headquarters
- Mitchell, SD
- FDIC certificate number
- 6063
- Total assets
- $1.6 billion (as of June 30, 2026)
- Established
- 1930
- Offices
- 36
- Website
- www.cortrustbank.com
- Acquisition loans (7(a))
- 1 loan, $2.8M total, $2.8M average
- Expansion loans (504, SBA portion)
- 6 loans, $18.1M total, $3.0M average
- Approval dates
- Oct 31, 2024 to May 14, 2026
- Typical term (median)
- acquisition loans: 10 years; expansion loans: 25 years
- Initial interest rate (7(a))
- 9.5% to 9.5%, median 9.50%
- Rate type (7(a))
- 100% variable, 0% fixed
Top industries
- Commercial Printing (except Screen and Books): 1 loan
- All Other Specialty Food Retailers: 1 loan
- All Other Personal Services: 1 loan
- Assisted Living Facilities for the Elderly: 1 loan
- Hotels (except Casino Hotels) and Motels: 1 loan
Top states
- Minnesota: 5 loans
- South Dakota: 1 loan
- Wisconsin: 1 loan
Largest deals
- Hmong American Market Inc., Brooklyn Center, MN: $5,000,000 (504 SBA portion, Apr 25, 2026)
- Legacy Hoops Academy, Eden Prairie, MN: $4,566,000 (504 SBA portion, Feb 8, 2026)
- Bloomington Empire Hotel LLC, Bloomington, MN: $4,089,000 (504 SBA portion, Apr 2, 2025)
- Driveline Services, Inc., Sioux Falls, SD: $2,777,000 (7(a) acquisition, Mar 26, 2025)
- Twin Cities Nursing Care, Inc., Maplewood, MN: $1,969,000 (504 SBA portion, Apr 28, 2025)
Lender details come from the SBA loan files and the FDIC BankFind service. Counts cover loans on this site only.
Companies
Use search to find others.
| Company | Location | Industry | Type | Latest approval | Approved |
|---|---|---|---|---|---|
| Abbott Graphics Inc. | Eagan, MN | Commercial Printing (except Screen and Books) | Expansion | May 14, 2026 | $1.3M |
| Hmong American Market Inc. | Brooklyn Center, MN | All Other Specialty Food Retailers | Expansion | Apr 25, 2026 | $5.0M |
| Legacy Hoops Academy | Eden Prairie, MN | All Other Personal Services | Expansion | Feb 8, 2026 | $4.6M |
| Twin Cities Nursing Care, Inc. | Maplewood, MN | Assisted Living Facilities for the Elderly | Expansion | Apr 28, 2025 | $2.0M |
| Bloomington Empire Hotel LLC | Bloomington, MN | Hotels (except Casino Hotels) and Motels | Expansion | Apr 2, 2025 | $4.1M |
| Driveline Services, Inc. | Sioux Falls, SD | Automotive Parts and Accessories Retailers | Acquisition | Mar 26, 2025 | $2.8M |
| Swedehill Properties, LLC | Hudson, WI | Home Health Care Services | Expansion | Oct 31, 2024 | $1.2M |