Byline Bank Recognizes SBAC with Meaningful Contribution

Byline Bank, Illinois’ top Small Business Administration lender, is recognizing the work of the Small Business Advocacy Council (SBAC) of Illinois with a $5,000 sponsorship contribution. The SBAC is a nonpartisan member-driven 501(c)(6) organization that advocates for reasonable policies that foster a healthier small business environment at the local, state and federal level.

“At Byline, we believe small businesses contribute to the vitality and future sustainability of our communities,” said Stephen Ball, Senior Vice President, Head of Business Banking, at Byline Bank and SBAC Executive Committee member. “After a uniquely challenging 18 months for small business leaders, the work of the SBAC is more crucial than ever, helping business owners voice their needs, concerns and ideas to policymakers in Chicago, Springfield and Washington.”

In addition to its political advocacy mission, the SBAC further promotes small business success through networking opportunities, support services and educational programs. In fall 2020, in collaboration with A Safe Haven, the organization launched the Rebuilding Lives and Businesses Challenge to help rebuild the lives of people who had lost their employment and advocate for struggling businesses, successfully raising over $110,000 together. Byline Bank is a proud supporter of this initiative.

“We are grateful for the continued support of Byline Bank during the holiday season, which will be critical to the survival of many small businesses in Illinois,” said Elliott Richardson, Co-Founder and President of the Small Business Advocacy Council. “This $5,000 contribution and Stephen’s valuable role on our advisory board help support our fight for small businesses and local communities.”

Byline Bank is committed to investing in its communities and partnering with local small- and medium-sized businesses to help them access working capital and grow and succeed. Distinguished by the SBA as an SBA Preferred Lender, Byline Bank is a top five SBA lender in the nation and is the number one SBA lender in Illinois for 12 years running.

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 $6.4 billion in assets and operated 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. For more information, visit: www.bylinebank.com.

About Small Business Advocacy Council

The Small Business Advocacy Council is fighting for small businesses in Illinois. Headquartered in Chicago, the SBAC is a member-driven organization that promotes the success of small business through nonpartisan political advocacy, support services and educational programs. For more information, visit: smallbusinessadvocacycouncil.org.