Byline Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Byline Bank
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 1,072 | $910.8M | $850K | 4.8% |
| 523930 | Investment Advice | 984 | $1.15B | $1.2M | 4.4% |
| 722511 | Full-Service Restaurants | 928 | $991.8M | $1.1M | 4.2% |
| 456110 | Other | 816 | $638.5M | $782K | 3.7% |
| 524210 | Insurance Agencies and Brokerages | 728 | $635.2M | $873K | 3.3% |
| 523940 | Other | 688 | $626.2M | $910K | 3.1% |
| 624410 | Child Day Care Services | 520 | $487.3M | $937K | 2.3% |
| 457110 | Other | 512 | $864.6M | $1.7M | 2.3% |
| 447110 | Gasoline Stations with Convenience Stores | 448 | $537.9M | $1.2M | 2.0% |
| 621610 | Home Health Care Services | 424 | $600.3M | $1.4M | 1.9% |
Geographic Distribution
SBA lending activity for Byline Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 4,920 | $6.05B | 22.2% |
| California (CA) | 2,208 | $2.92B | 9.9% |
| Texas (TX) | 1,944 | $2.42B | 8.8% |
| Wisconsin (WI) | 1,656 | $1.85B | 7.5% |
| Florida (FL) | 1,496 | $1.50B | 6.7% |
| Colorado (CO) | 792 | $1.11B | 3.6% |
| Michigan (MI) | 720 | $889.0M | 3.2% |
| Indiana (IN) | 520 | $708.8M | 2.3% |
| Utah (UT) | 480 | $700.9M | 2.2% |
| Ohio (OH) | 464 | $632.9M | 2.1% |
| Minnesota (MN) | 664 | $607.8M | 3.0% |
| Pennsylvania (PA) | 336 | $596.5M | 1.5% |
| Georgia (GA) | 576 | $566.3M | 2.6% |
| North Carolina (NC) | 360 | $515.1M | 1.6% |
| New York (NY) | 472 | $511.8M | 2.1% |
| Arizona (AZ) | 392 | $480.8M | 1.8% |
| New Jersey (NJ) | 352 | $384.1M | 1.6% |
| Tennessee (TN) | 432 | $340.3M | 1.9% |
| Virginia (VA) | 280 | $332.1M | 1.3% |
| Louisiana (LA) | 256 | $283.3M | 1.2% |
| Oklahoma (OK) | 168 | $282.5M | 0.8% |
| Washington (WA) | 192 | $251.3M | 0.9% |
| Nevada (NV) | 240 | $243.1M | 1.1% |
| Massachusetts (MA) | 176 | $234.1M | 0.8% |
| Arkansas (AR) | 120 | $224.7M | 0.5% |
| Kentucky (KY) | 144 | $216.3M | 0.6% |
| Mississippi (MS) | 128 | $208.8M | 0.6% |
| Oregon (OR) | 216 | $195.1M | 1.0% |
| South Carolina (SC) | 128 | $172.8M | 0.6% |
| Missouri (MO) | 160 | $158.9M | 0.7% |
| Iowa (IA) | 144 | $148.9M | 0.6% |
| Kansas (KS) | 136 | $145.8M | 0.6% |
| Connecticut (CT) | 120 | $144.9M | 0.5% |
| South Dakota (SD) | 64 | $136.9M | 0.3% |
| Alabama (AL) | 104 | $109.3M | 0.5% |
| New Hampshire (NH) | 80 | $108.0M | 0.4% |
| Idaho (ID) | 56 | $105.2M | 0.3% |
| Maryland (MD) | 80 | $86.5M | 0.4% |
| Nebraska (NE) | 72 | $78.5M | 0.3% |
| Vermont (VT) | 40 | $73.5M | 0.2% |
| Maine (ME) | 56 | $71.0M | 0.3% |
| Montana (MT) | 40 | $64.0M | 0.2% |
| Hawaii (HI) | 40 | $49.3M | 0.2% |
| VI (VI) | 40 | $48.8M | 0.2% |
| Wyoming (WY) | 24 | $47.5M | 0.1% |
| Rhode Island (RI) | 16 | $39.9M | 0.1% |
| District of Columbia (DC) | 24 | $36.3M | 0.1% |
| West Virginia (WV) | 24 | $36.2M | 0.1% |
| New Mexico (NM) | 24 | $29.2M | 0.1% |
| Alaska (AK) | 16 | $6.0M | 0.1% |
| Delaware (DE) | 16 | $4.4M | 0.1% |
Why Choose Byline Bank?
Based on SBA 7(a) lending track record from 2020-2025
- ✓Proven Track Record: 22,208 SBA loans approved, totaling $27.15B in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Investment Advice, Full-Service Restaurants
- ✓Competitive Terms: Average interest rate of 8.42% with flexible term lengths averaging 160 months
- ✓Loan Range: Loan sizes from $10K to $5.0M, with an average of $1.2M
- ✓Nationwide Reach: Active lending in 51 states, with strong presence in IL, CA, TX
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Byline Bank SBA lending
What types of businesses does Byline Bank typically finance?
Byline Bank specializes in SBA 7(a) lending to specific industries including limited-service restaurants, investment advice, full-service restaurants, other. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Byline Bank's typical SBA loan terms?
Byline Bank's SBA 7(a) loans typically feature an average interest rate of 8.42% and average term length of 160 months (approximately 13 years). Loan sizes range from $10K to $5.0M, with an average loan size of $1.2M.
Do I need a business valuation for a Byline Bank SBA loan?
Yes, Byline Bank typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Byline Bank compare to other SBA lenders?
Byline Bank has originated 22,208 SBA loans totaling $27.15B since 2020. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Byline Bank lend in?
Byline Bank provides SBA 7(a) financing with particularly strong presence in IL, CA, TX, WI, FL. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Professional valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.