2021 PPP Readiness with Abrigo

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Resources for Financial Institutions

Guidance for the SBA Paycheck Protection Program

Abrigo has been a leading source of information and assistance for financial institutions on the PPP, helping them as they originated loans in their communities. Abrigo also helps PPP lenders process and handle reporting on borrowers' loan forgiveness applications and submit PPP forgiveness requests to the Small Business Administration.

NEW ABRIGO RESOURCES      New SBA Resources

The PPP Landscape

Financial institutions have helped small businesses access over $521 billion in funding through the SBA's Paycheck Protection Program (PPP) since the CARES Act was passed. 

Abrigo has been a critical PPP partner to lenders since the beginning and can help you support your communities in this time of need. As we demonstrated in early 2020, we adapt our technology to an ever-changing regulatory environment and keep you informed of all the landscape changes.

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Latest Resources

Updated PPP Forgiveness Forms, Guidance Issued

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Stopping PPP Fraud

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CDFI Community Bank of the Bay 'Ready to Go' for PPP

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How CDFIs Can Support Their Communities Through PPP

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What's Changed with PPP in 2021?

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How Does a Borrower Qualify for a Second-Draw PPP Loan?

Download Infographic

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Helping Community Financial Institutions Throughout the Entire Life of PPP Loans

  • Originating PPP loans

  • Navigating PPP loan forgiveness

  • Submitting 1502 reports

  • Submitting PPP forgiveness requests to SBA

  • Reporting on your PPP portfolio

  • Ongoing PPP support and expertise

Abrigo is Here to Help
Automate the PPP application process with a digital application.
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Abrigo SBA Lending Solution handles PPP loans for small businesses

Community financial institution customers of Abrigo's SBA Lending Solution have handled over 137,000 loan applications through the Small Business Administration’s Paycheck Protection Program (PPP) since April 3.

3 Steps to Participate in the
Paycheck Protection Program

PPP Origination

Automate the origination process to get capital into the hands of small business owners quickly. Abrigo can digitize lending through online loan applications, E-Tran integration, e-sign capabilities, and more.

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PPP Forgiveness

Loan forgiveness is a key draw to the PPP for borrowers and lenders. Accurately calculate and apply PPP forgiveness guidelines with Abrigo's automated forgiveness solution. Submit forgiveness requests to the SBA.

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PPP Reporting & Administration

Where are PPP loans in the pipeline? Abrigo's reporting and administration tools enable institutions to produce specific PPP dashboards and reports, as well as generate and submit 1502 reports.

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“Because the information seems to be constantly changing, it’s reassuring to be working with a partner that is not only staying on top of the changes but is also collaborating with other banks to make the right solution.

Brett Dutcher, Sr. Information Technology Manager, Greenstone Farm Credit Services
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State Banking Associations Endorsements

Multiple state banking associations have endorsed Abrigo’s Paycheck Protection Program (PPP) Forgiveness and Administration solution, part of the Sageworks SBA Lending Solution, to aid their member banks in streamlining the loan forgiveness and administration process. Learn more.

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More PPP Origination Resources

More Resources on PPP Forgiveness and Administration

Latest Guidance

SBA and Treasury Resources

"It was a lifesaver. We are so grateful for this system."

Deborah Barstow, Senior Vice President | Enterprise Bank & Trust
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Abrigo SBA Lending Solution

Reduce inefficient, manual processes involved in the SBA 7(a) lending process through the Abrigo solution. With streamlined underwriting and an E-Tran integration, our solution allows financial institutions to ramp up their SBA 7(a) lending efforts to support small businesses struggling due to the coronavirus. 

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Abrigo's Top PPP Resources

Unity Bank | See why Abrigo was the 'perfect partner' to help maximize PPP impact

Read Success Story

Digital Capabilities Adopted for PPP: The ‘New Best Practices’ For Strongest Players

Read Aite Group Report

Paycheck Protection Program Forgiveness Checklist

Download Checklist

5 Things For BSA Officers To Know in COVID-19

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