Central Florida financial technology companies are getting involved with the way Small Business Administration loan applications are being processed — the goal is to offer a faster way to get the job done.
It’s an area where help is needed. Businesses across the U.S. and Central Florida have been hammered by the coronavirus and the ensuing stay-at-home orders and closures of non-essential businesses. That’s why the federal Paycheck Protection Program burned through its original $349 billion in funding in two weeks, and led to an additional $310 billion being allocated. Read more here.