Byline Bank
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Byline Bank · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 722513 | Limited-Service Restaurants | 370 | $280.5M | $758K | 5.2% |
| 722511 | Full-Service Restaurants | 358 | $365.9M | $1.0M | 5.0% |
| 713940 | Fitness and Recreational Sports Centers | 155 | $186.3M | $1.2M | 2.2% |
| 524210 | Insurance Agencies and Brokerages | 135 | $113.9M | $844K | 1.9% |
| 624410 | Child Care Services | 132 | $125.8M | $953K | 1.9% |
| 456110 | Pharmacies and Drug Retailers | 117 | $102.2M | $873K | 1.6% |
| 721110 | Hotels (except Casino Hotels) and Motels | 116 | $251.7M | $2.2M | 1.6% |
| 621610 | Home Health Care Services | 92 | $114.0M | $1.2M | 1.3% |
| 523940 | Portfolio Management and Investment Advice | 92 | $83.3M | $905K | 1.3% |
| 445110 | Supermarkets and Other Grocery Retailers (except Convenience Retailers) | 87 | $114.5M | $1.3M | 1.2% |
Geographic Distribution
SBA lending activity for Byline Bank by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Illinois (IL) | 2,912 | $2.51B | 41.0% |
| Wisconsin (WI) | 882 | $877.2M | 12.4% |
| California (CA) | 429 | $563.8M | 6.0% |
| Texas (TX) | 317 | $409.6M | 4.5% |
| Indiana (IN) | 301 | $344.0M | 4.2% |
| Florida (FL) | 244 | $256.6M | 3.4% |
| Michigan (MI) | 216 | $229.4M | 3.0% |
| Ohio (OH) | 164 | $220.1M | 2.3% |
| Colorado (CO) | 121 | $161.8M | 1.7% |
| Georgia (GA) | 115 | $145.8M | 1.6% |
| Minnesota (MN) | 140 | $145.7M | 2.0% |
| New York (NY) | 106 | $127.6M | 1.5% |
| Pennsylvania (PA) | 79 | $122.7M | 1.1% |
| Tennessee (TN) | 111 | $106.4M | 1.6% |
| Utah (UT) | 73 | $105.2M | 1.0% |
| Arizona (AZ) | 77 | $94.8M | 1.1% |
| North Carolina (NC) | 71 | $94.3M | 1.0% |
| New Jersey (NJ) | 66 | $75.7M | 0.9% |
| Virginia (VA) | 50 | $60.5M | 0.7% |
| Missouri (MO) | 45 | $52.7M | 0.6% |
| Iowa (IA) | 47 | $50.1M | 0.7% |
| Massachusetts (MA) | 39 | $48.7M | 0.5% |
| Oklahoma (OK) | 27 | $48.2M | 0.4% |
| Louisiana (LA) | 42 | $46.4M | 0.6% |
| Nevada (NV) | 42 | $46.0M | 0.6% |
| Kentucky (KY) | 34 | $45.5M | 0.5% |
| South Carolina (SC) | 28 | $41.4M | 0.4% |
| Washington (WA) | 30 | $36.5M | 0.4% |
| Mississippi (MS) | 28 | $35.4M | 0.4% |
| Arkansas (AR) | 20 | $32.0M | 0.3% |
| Alabama (AL) | 31 | $31.4M | 0.4% |
| Oregon (OR) | 32 | $28.0M | 0.5% |
| Maryland (MD) | 18 | $25.0M | 0.3% |
| Kansas (KS) | 29 | $24.3M | 0.4% |
| Connecticut (CT) | 19 | $20.5M | 0.3% |
| New Hampshire (NH) | 17 | $19.4M | 0.2% |
| Idaho (ID) | 10 | $18.3M | 0.1% |
| South Dakota (SD) | 8 | $17.1M | 0.1% |
| Maine (ME) | 11 | $14.7M | 0.2% |
| Nebraska (NE) | 14 | $12.0M | 0.2% |
| Vermont (VT) | 6 | $11.9M | 0.1% |
| Hawaii (HI) | 6 | $11.2M | 0.1% |
| New Mexico (NM) | 11 | $11.1M | 0.2% |
| Wyoming (WY) | 4 | $10.9M | 0.1% |
| VI (VI) | 6 | $8.2M | 0.1% |
| Montana (MT) | 5 | $8.0M | 0.1% |
| Rhode Island (RI) | 4 | $7.1M | 0.1% |
| North Dakota (ND) | 3 | $7.0M | 0.0% |
| West Virginia (WV) | 5 | $5.2M | 0.1% |
| District of Columbia (DC) | 3 | $4.5M | 0.0% |
| Delaware (DE) | 4 | $4.1M | 0.1% |
| Alaska (AK) | 3 | $2.8M | 0.0% |
Why Choose Byline Bank?
Based on SBA 7(a) lending track record from 1991-2026
- ✓Proven Track Record: 7,105 SBA loans approved, totaling $7.44B in financing
- ✓Industry Expertise: Specialized focus on Limited-Service Restaurants, Full-Service Restaurants, Fitness and Recreational Sports Centers
- ✓Competitive Terms: Average interest rate of 7.40% with flexible term lengths averaging 165 months
- ✓Loan Range: Loan sizes from $2K to $5.0M, with an average of $1.0M
- ✓Nationwide Reach: Active lending in 52 states, with strong presence in IL, WI, CA
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, full-service restaurants, fitness and recreational sports centers, insurance agencies and brokerages. 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 7.40% and average term length of 165 months (approximately 14 years). Loan sizes range from $2K to $5.0M, with an average loan size of $1.0M.
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 7,105 SBA loans totaling $7.44B since 1991. 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, WI, CA, TX, IN. 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?
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