Just like that the $350 Billion allocated in the CARES act is gone. With congress on the verge of allocating another $300+ billion to the SBA PPP program, the time is now to make sure you are prepared. Peak has been working side by side with our clients to leverage Nintex RPA (FoxTrot) to get these loans processed and boarded to the core, fast. With many applications sitting in wait Round 2 funds will go in days not weeks. Let our team know if we can help!
Check out the article below for more information on the second wave of PPP SBA loans.
Photo credit: https://insidecharity.org/2020/03/26/federal-cares-act-for-nonprofits/