Is your financial institution ready to process SBA PPP loan forgiveness applications?

This content is provided by our sponsor, and neither is written by nor provides endorsement from ICBA.



 

With the SBA Paycheck Protection Program (PPP) loan origination cycle nearly over, it’s time for financial institutions, like yours, to connect and communicate with your borrowers, and address the challenges related to the loan forgiveness process.

Adopt the Newgen recommended six-step approach to seamlessly manage the end-to-end loan forgiveness process while delivering a delightful customer experience.

Furthermore, learn how Newgen’s SBA PPP Loan Forgiveness Software can help you in processing loan forgiveness requests while adhering to audit and compliance requirements.

  • Auto-calculation of loan forgiveness amount instantly and accurately
  • Comprehensive reporting and submission of 1502 reports
  • Automation of the end-to-end PPP loan forgiveness process
  • Compliance per SBA PPP guidelines
  • Exception handling
  • Fast, cloud-based deployment for every financial institution—whether you processed your SBA PPP loan applications manually or digitally, with or without Newgen

 

Top