Byline Bank Honored with SBA Lender of the Year Awards in Illinois

This was the 15th consecutive year Byline has earned the top ranking for SBA 7(a) lending in Illinois, originating $138.6 million in 7(a) loans that created 1,153 jobs statewide. Additionally, Byline was again awarded Export Lender of the Year for delivering over $6 million to exporters in Illinois through the SBA’s International Trade, Export Express, and EWCP loan programs.

“Byline Bank has been pivotal in providing crucial SBA funding to small businesses across Illinois over the past year,” said Bob Esquivel, Supervisory Lender Relations Specialist at the Illinois District Office of the U.S. Small Business Administration. “We are thankful for committed partners like Byline who actively leverage SBA loan programs to ensure small businesses have the capital they need to thrive and prosper.”

“We are incredibly proud of Byline Bank’s continued achievements and standing as a top SBA lender,” said Tom Abraham, President of Small Business Capital, Byline Bank’s SBA lending division. “Being recognized as the leading lender for the SBA’s 7(a) and international loan programs underscores our dedication to fostering small business growth and job creation in Illinois.”

The annual SBA Illinois Lender Awards recognizes outstanding lenders and small business advocates for their contributions to local communities and the national economy. Senior leaders at the U.S. Small Business Administration, the State of Illinois and the Chicago area’s business and lending communities gather annually to celebrate the success of small business.

Recognized Beyond Illinois for SBA Lending

In addition to recognition in Illinois, Byline Bank ranks fifth nationally for SBA 7(a) loan dollar volume in FY2023, with loans totaling $536.4 million. Byline also proudly retains its distinction as the No. 1 International Trade Loan (ITL) Lender nationwide for providing vital SBA-backed export financing loans to small businesses. Byline ranks second in SBA 7(a) lending by dollar volume in Wisconsin, with loans totaling $28 million, and ranks among the top 10 SBA 7(a) lenders by loan dollar volume in 11 additional states and the U.S. Virgin Islands.

As an SBA Preferred Lender, Byline Bank has the authority to make credit decisions in-house for small businesses across the U.S. Find out what our SBA lending specialists can do for you. Get in touch with an SBA lending specialist.

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