FOR IMMEDIATE RELEASE
March 27, 2018
Byline Bank Receives 2017 Wisconsin SBA Lender Awards for Highest SBA 7(a) Dollars Loaned and Most Export 7(a) Loans Approved
Byline Bank received Wisconsin SBA Lender awards from the Wisconsin District Office of the U.S. Small Business Administration for the most SBA 7(a) dollars loaned to small businesses throughout the state of Wisconsin in 2017, with loans totaling $62.1 million. Byline also received a volume lender award for the lender with the most export SBA 7(a) loans approved, with $3.68 million in export loans.
Designated by the SBA as a Preferred Lender, Byline Bank ranked eighth nationally in 2017 for SBA 7(a) loan volume, totaling $397.9 million, according to the SBA. Byline is also ranked #1 in Illinois for SBA 7(a) loan volume.
“Byline’s focus on the SBA loan program in Wisconsin delivered nearly 10 percent of all SBA-approved 7(a) loan dollars to Badger State small businesses last year, helping them start, grow, and succeed to the benefit of Wisconsin’s communities and economy.” said Eric Ness, Wisconsin SBA district director.
“This award represents the hard work from every member of our Wisconsin SBA loan production team,” said Bruce Lammers, president of Small Business Capital, the SBA lending division of Byline Bank. “I take pride in knowing our team helped provide small businesses throughout the state with the access to capital they need.”
About Byline Small Business Capital
Byline Bank’s Small Business Capital team specializes in government guaranteed lending nationwide, with loan production offices throughout the Midwest and in Southern California. Distinguished by the SBA as an “SBA Preferred Lender,” Byline Bank is a top 10 SBA lender in the nation, and is the number one SBA lender in Illinois and Wisconsin. Byline Small Business Capital also specializes in USDA lending across the country.
About Byline Bank
Headquartered in Chicago, Byline Bank, a subsidiary of Byline Bancorp, Inc. (NYSE:BY), is a full service commercial bank serving small- and medium-sized businesses, financial sponsors, and consumers. Byline Bank has approximately $3.4 billion in assets and operates more than 50 full service branch locations throughout the Chicago and Milwaukee metropolitan areas. Byline Bank offers a broad range of commercial and retail banking products and services including small ticket equipment leasing solutions and is one of the top 10 Small Business Administration lenders in the United States.