An automated 'end-to-end' software to manage SBA PPP loans originated by a bank
Banks will track proportions of payments (principles and interests) received from borrowers (businesses) and guarantor (SBA) respectively after originations and forgiveness applications are captured
Four main entities are:
- SBA Guarantors
- Agent (attorney,accountant, consultant...)
WE'RE HERE TO HELP
As we all deal with the impact of COVID-19 on both our personal lives and the organizations, we at MATRiX would like to help you in navigating these troubled waters as your trusted partners.
Covid19 is the biggest challenge to financial industry in this century and in such a scenario it is imperative for banks to be nimble and re calibrate for the ‘new normal’.
Critical banking areas that require immediate attention