Banks funding Paycheck Protection Program (PPP) loans as part of the CARES act have come to the aid of their communities as they deal with the effects of the coronavirus. Now, banks are shifting gears, and looking ahead to the forgiveness and administration of these loans.  Abrigo’s PPP Forgiveness & Administration automated solution manages the full lifecycle of the PPP loan, from loan forgiveness calculations to auto-populating Form 3508, allowing banks to spend less time dealing with manual processes and more time helping their small business borrowers, with implementation as fast as 48 hours. Get more information at our CARES Act and SBA Lending Resource page.

In addition to providing SBA PPP solutions, Abrigo is a leading technology provider of compliance, credit risk, lending, and asset/liability management solutions that community financial institutions use to manage risk and drive growth. Our software automates key processes – from anti-money laundering to asset/liability management to fraud detection to lending solutions – empowering our customers by addressing their Enterprise Risk Management needs. Visit abrigo.com to learn more.

For more information, reach out to Laura Wahl at (919) 906-5649, laura.wahl@abrigo.com.

Abrigo has been endorsed since 2020.