PPP Loan Forgiveness Processing for Institutions

Easy-to-implement document workflows that help financial institutions handle the second wave by capturing and routing all necessary loan documentation.

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Wrap up PPP faster and more efficiently

The SBA has approved more than 1.6 million PPP loans totaling more than $342 million. The SBA and financial institutions faced major hurdles in getting so many applications approved in a short timeframe...but that was only the first wave. Q-Actionby QFlow Systems can help you successfully navigate the next one.

  • Loan Forgiveness Application (SBA form 3508 or lender equivalent)
  • Payroll reports
  • Interest statements
  • Rent payments
  • Business utility payments

OUR CAPABILITIES

DOCUMENT CAPTURE

  • Automate document ingestion and indexing
  • Automatically capture borrower emails and attachments
  • OCR scanned or photographed documents

SECURE CLOUD STORAGE

  • Employees at your institution can safely collaborate from anywhere
  • Encrypted personally identifiable information (PII) protects your institution and borrowers from compromises

AUTOMATED WORKFLOW

  • Route documents for approvals automatically and electronically
  • Reduce manual paperwork
  • Speed up processing times so you can get back to serving a more diverse set of consumer needs

SCALABLE PLATFORM

  • Q-Action is part of a COTS platform with the ability to scale easily across an entire organization to provide a full enterprise ECM solution

EASY IMPLEMENTATION & INTEGRATION

  • Our software plays well with your existing systems to help you be more productive
  • COTS approach allows us to go from proof of concept to a usable product faster than custom solutions

Get prepared for success in PPP forgiveness processing.

We can help you get out in front of your next challenge. Reach out to a QFlow expert today!

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