Fintech to the rescue: Banks turn to tech for help with PPP forgiveness

Many community banks are enlisting financial services technology companies to help them with Paycheck Protection Program forgiveness, even after going it alone during the program’s chaotic first days. Lots of smaller local banks came out of that initial frenzy looking great since they manually processed PPP applications for commercial clients while some of their larger competitors fell behind trying to automate the process, either themselves or through a fintech. But with PPP loans now eligible…