Byline Bank ranked top SBA lender in Illinois for SBA 7(a) lending

Byline Bank’s SBA 7(a) lending ranked fifth nationally for Fiscal Year End 2023, fueling the growth of small businesses across the country. Pictured here (from L to R): Bob Steiner of the U.S. Small Business Administration’s Illinois District Office, with Rehman Valliani and Michael Knazur of Byline Bank’s SBA lending team and Geraldine Aglipay, Katie Frost and Bob Esquivel of the SBA

Byline Bank once again earned the top spot among Illinois lenders in loan dollar volume for SBA 7(a) lending by the Illinois District Office of the Small Business Administration (SBA) at the close of the SBA’s fiscal year on September 30, 2023. Byline also ranked fifth nationally in SBA 7(a) loan volume and first for International Trade Loans.

This marks the 15th consecutive year that Byline has received recognition as the top SBA 7(a) lender in Illinois, delivering $139 million in Illinois SBA-backed 7(a) loans in FY2023 to small business borrowers. Byline also ranked second for Third Party Lenders for SBA 504 loans in Illinois during FY2023 with $35 million in SBA 504 loans.

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