Tuesday, February 7, 2023

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SSTech: Launches Service to Speed Federal Paycheck Protection Loans

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SSTech: Launches Service to Speed Federal Paycheck Protection Loans

  • SSTech founded in 1999, is a $125MM, leading IT products, services and also solutions company focused on helping SMBs accelerate innovation
  • Removes COVID-19 stimulus business grant bottlenecks to help employers get the financial support they need right now
  • Announced the availability of a new service designed to streamline implementation of the US Coronavirus Aid, Relief, and Economic Security
  • Financial institutions are also buckling under the huge demand for this program
  • The PPP released quickly with little time for lenders to prepare while the number of
    applications has understandably exploded
  • The service consists of a set of tools to create a PPP application portal and also comprehensive support for workflow processing

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