Lenders › Byline Bank
7(a) lenderChicago, IllinoisFDIC-insured bank21st of 2,184 by approvals
Byline Bank
SBA 7(a) loan approvals by fiscal year, where they went, how large they were, and how loans from earlier years turned out.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Byline Bank, based in Chicago, Illinois, is an FDIC-insured bank in the SBA 7(a) program. SBA approved 2,234 of its 7(a) loans worth $2.72bn in FY2021 to FY2025, which places it 21st of 2,184 active 7(a) lenders by number of approvals.
In FY2025, the latest complete fiscal year, it had 505 approvals totalling $561M, up 23% on FY2024 (410). FY2026 to 30 Jun 2026 adds 272 more.
The median approval was $806K, against $190K for the 7(a) program as a whole; 8.1% of its approvals were for $150,000 or less (program: 47.8%).
Its loans went to businesses in 51 states and territories and 525 counties, led by Illinois (22.1%), California (10.3%) and Texas (8.9%). The largest industry group was retail trade at 20.6% of approvals, and 19.6% of approvals were to franchise businesses.
Of 3,613 disbursed loans approved in FY2010 to FY2021, SBA records 343 as charged off (9.5%), 2,406 as paid in full and 864 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Loans appear under the lender they are assigned to today, so a lender's figures include loans it took over. Data through 30 Jun 2026.
Approvals by fiscal year
| Fiscal year | Approvals | Dollars approved | Median approval | Average approval | Jobs supported, as reported |
|---|---|---|---|---|---|
| FY2026* | 272 | $322M | $830K | $1.2M | 4,531 |
| FY2025 | 505 | $561M | $765K | $1.1M | 8,000 |
| FY2024 | 410 | $505M | $833K | $1.2M | 7,591 |
| FY2023 | 419 | $536M | $770K | $1.3M | 10,538 |
| FY2022 | 350 | $423M | $933K | $1.2M | 6,829 |
| FY2021 | 550 | $692M | $813K | $1.3M | 10,109 |
| FY2020 | 489 | $631M | $865K | $1.3M | 10,711 |
| FY2019 | 463 | $528M | $783K | $1.1M | 11,606 |
| FY2018 | 454 | $512M | $778K | $1.1M | 10,758 |
| FY2017 | 367 | $403M | $700K | $1.1M | 8,856 |
| FY2016 | 440 | $478M | $698K | $1.1M | 11,587 |
Approvals are counted in the year SBA approved them and include approvals later cancelled. In the five fiscal years before the current window (FY2016–FY2020) the lender had 2,213 approvals. First approval on file: FY2010.
How earlier loans turned out
Only loans approved at least five fiscal years ago (FY2010–FY2021) are counted, because newer loans have had little time to be paid in full or charged off. "Charged off" is SBA's status for a loan on which it has written off the remaining balance.
| Loans approved FY2010–FY2021 | This lender | Illinois | 7(a) program |
|---|---|---|---|
| Approvals in these years | 4,444 | 21,190 | 639,905 |
| Cancelled or never disbursed | 831 | 2,878 | 79,313 |
| Disbursed loans | 3,613 | 18,312 | 560,592 |
| Paid in full | 2,406 | 13,909 | 435,813 |
| Charged off | 343 | 1,459 | 36,891 |
| Still outstanding (status exempt from disclosure) | 864 | 2,944 | 87,888 |
| Charged off, share of disbursed loans | 9.5% | 8.0% | 6.6% |
| Dollars charged off, share of disbursed dollars | 5.0% | 4.1% | 2.5% |
| Dollars charged off | $193M | $327M | $5.70bn |
By approval year
| Approved in | Disbursed | Paid in full | Charged off | Charged off, share | 7(a) program, same year |
|---|---|---|---|---|---|
| FY2021 | 481 | 231 | 11 | 2.3% | 2.8% |
| FY2020 | 336 | 197 | 12 | 3.6% | 4.0% |
| FY2019 | 378 | 214 | 23 | 6.1% | 6.7% |
| FY2018 | 371 | 220 | 29 | 7.8% | 7.9% |
| FY2017 | 309 | 208 | 36 | 11.7% | 7.7% |
| FY2016 | 387 | 263 | 51 | 13.2% | 7.2% |
| FY2015 | 375 | 274 | 67 | 17.9% | 6.9% |
| FY2014 | 287 | 220 | 42 | 14.6% | 6.4% |
| FY2013 | 264 | 216 | 32 | 12.1% | 6.0% |
| FY2012 | 162 | 139 | 10 | 6.2% | 6.3% |
| FY2011 | 176 | 147 | 21 | 11.9% | 6.9% |
| FY2010 | 87 | 77 | 9 | 10.3% | 9.2% |
A share is shown only where at least 30 loans from that year were disbursed.
Against the 7(a) program
| FY2021–FY2025 | This lender | 7(a) program |
|---|---|---|
| Median approval | $806K | $190K |
| Average approval | $1.2M | $518K |
| Approvals of $150,000 or less | 8.1% | 47.8% |
| Approvals to startups and businesses 2 years old or less | 37.6% | 34.3% |
| Approvals to franchise businesses | 19.6% | 11.5% |
| Jobs supported per approval, as reported | 19.3 | 10.5 |
| Charged off, loans approved FY2010–FY2021 | 9.5% | 6.6% |
States served
| # | State of the business (51 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Illinois | 494 | $630M | 22.1% | |
| 2 | California | 230 | $302M | 10.3% | |
| 3 | Texas | 198 | $247M | 8.9% | |
| 4 | Florida | 153 | $138M | 6.8% | |
| 5 | Wisconsin | 151 | $173M | 6.8% | |
| 6 | Michigan | 79 | $96.8M | 3.5% | |
| 7 | Colorado | 74 | $102M | 3.3% | |
| 8 | Georgia | 61 | $58.5M | 2.7% | |
| 9 | Minnesota | 60 | $53.2M | 2.7% | |
| 10 | Ohio | 46 | $57.7M | 2.1% | |
| 11 | Indiana | 46 | $56.8M | 2.1% | |
| 12 | New York | 45 | $43.6M | 2.0% |
In Illinois the lender accounts for 4.6% of all 7(a) approvals in FY2021–FY2025.
Counties served
| # | County of the business (525 in all) | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | Cook County, IL | 264 | $312M | 11.8% | |
| 2 | Los Angeles County, CA | 73 | $108M | 3.3% | |
| 3 | DuPage County, IL | 50 | $63.0M | 2.2% | |
| 4 | Lake County, IL | 41 | $71.8M | 1.8% | |
| 5 | Orange County, CA | 36 | $37.8M | 1.6% | |
| 6 | Milwaukee County, WI | 35 | $44.7M | 1.6% | |
| 7 | Maricopa County, AZ | 34 | $42.6M | 1.5% | |
| 8 | Dallas County, TX | 29 | $36.9M | 1.3% | |
| 9 | San Diego County, CA | 27 | $31.1M | 1.2% | |
| 10 | Harris County, TX | 26 | $25.8M | 1.2% | |
| 11 | Clark County, NV | 25 | $26.5M | 1.1% | |
| 12 | Will County, IL | 24 | $37.2M | 1.1% |
Industry mix
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 460 | 20.6% | |
| 2 | Accommodation and Food Services | 267 | 12.0% | |
| 3 | Finance and Insurance | 255 | 11.4% | |
| 4 | Health Care and Social Assistance | 214 | 9.6% | |
| 5 | Other Services (except Public Administration) | 166 | 7.4% | |
| 6 | Manufacturing | 158 | 7.1% | |
| 7 | Professional, Scientific, and Technical Services | 122 | 5.5% | |
| 8 | Transportation and Warehousing | 116 | 5.2% |
| # | Industry group | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 223 | 10.0% | |
| 2 | Other Financial Investment ActivitiesNAICS 5239 | 158 | 7.1% | |
| 3 | Health and Personal Care RetailersNAICS 4561 | 107 | 4.8% | |
| 4 | Agencies, Brokerages, and Other Insurance Related ActivitiesNAICS 5242 | 82 | 3.7% | |
| 5 | Gasoline StationsNAICS 4571 | 64 | 2.9% | |
| 6 | Other Amusement and Recreation IndustriesNAICS 7139 | 61 | 2.7% | |
| 7 | Automotive Repair and MaintenanceNAICS 8111 | 60 | 2.7% | |
| 8 | Personal Care ServicesNAICS 8121 | 55 | 2.5% | |
| 9 | Beer, Wine, and Liquor StoresNAICS 4453 | 54 | 2.4% | |
| 10 | Child Day Care ServicesNAICS 6244 | 53 | 2.4% |
Approval sizes
- $50,000 or less0.8%17
- $50,001 to $150,0007.3%164
- $150,001 to $350,00012.9%289
- $350,001 to $1 million38.4%858
- $1 million to $2 million22.6%505
- Over $2 million17.9%401
Loan terms
- 5 years or less1.6%35
- Over 5 to 10 years63.0%1,407
- Over 10 to 20 years13.0%291
- Over 20 years22.4%501
Age of the businesses
- Existing, more than 2 years old34.5%771
- New business, 2 years or less22.9%511
- Startup, loan funds will open the business14.7%328
- Change of ownership27.8%620
- Not answered0.2%4
SBA processing method
| # | Method | Approvals | Share | |
|---|---|---|---|---|
| 1 | Preferred Lenders Program | 1,856 | 83.1% | |
| 2 | SBA Express Program | 254 | 11.4% | |
| 3 | International Trade Loans | 49 | 2.2% | |
| 4 | 7a General | 33 | 1.5% | |
| 5 | Working Capital CAPLine | 29 | 1.3% | |
| 6 | 7a with EWCP | 5 | 0.2% |
Franchise share
438 of 2,234 approvals in FY2021–FY2025 (19.6%) carried an SBA franchise code; across the 7(a) program the share is 11.5%.
| # | Franchise brand | Approvals | Share | |
|---|---|---|---|---|
| 1 | Ameriprise Financial | 32 | 1.4% | |
| 2 | Allstate Home Inspection and Environmental Te | 11 | 0.5% | |
| 3 | The Learning Experience | 11 | 0.5% | |
| 4 | Jeremiah's Italian Ice | 10 | 0.4% | |
| 5 | Mountain Mike's Pizza | 8 | 0.4% | |
| 6 | Venture X | 7 | 0.3% | |
| 7 | The Great Greek Mediterranean Grill | 7 | 0.3% | |
| 8 | Ace Hardware | 6 | 0.3% |
Questions and answers
How many SBA loans does Byline Bank make?
SBA approved 505 7(a) loans through Byline Bank in FY2025, worth $561M, and 2,234 over FY2021 to FY2025. That ranks 21st of 2,184 active 7(a) lenders by number of approvals.
How large are Byline Bank's typical SBA loans?
The median 7(a) approval in FY2021 to FY2025 was $806K and the average $1.2M. The program-wide median was $190K.
What is Byline Bank's charge-off rate?
Of 3,613 disbursed loans approved in FY2010 to FY2021, SBA records 343 as charged off (9.5%), 2,406 as paid in full and 864 still outstanding; the 7(a) program figure for the same approval years is 6.6%, so the rate here is above it. Loans are listed under the lender that holds them today, so the figure includes loans taken over from other lenders. Status is as recorded by SBA on 30 Jun 2026.
Which industries does Byline Bank lend to most?
By number of approvals in FY2021 to FY2025: restaurants and other eating places (223); other financial investment activities (158); health and personal care retailers (107); agencies, brokerages, and other insurance related activities (82).
Where does Byline Bank make SBA loans?
In 51 states and territories. Illinois 494, California 230, Texas 198, Florida 153, Wisconsin 151. In Illinois it accounts for 4.6% of all 7(a) approvals.
Is Byline Bank's SBA lending rising?
Approvals in the three latest complete fiscal years total 1,334, against 1,389 in the three before: broadly level (-4%).
Where does this data come from?
From the Small Business Administration's 7(a) and 504 FOIA loan files, as of 30 Jun 2026. Borrower names and addresses in those files are discarded when the files are read and appear nowhere on this site.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error