Nymeo Federal Credit Union is ready to assist small businesses with the second embarkment of the Small Business Administration’s Paycheck Protection Program by providing solutions to automate PPP loan applications.
“As a community credit union serving members in Frederick and Montgomery Counties, we are making it our top priority to help the small business community get access to these government-guaranteed loans in the quickest way possible,“ said Nymeo President and CEO Vicki Johnston. “We have adopted automated technology and outside support systems that will process and fund PPP loan applications efficiently.”
While the federal government worked to approve an additional round of funding for the PPP program, Nymeo quickly researched and found solutions that could help small businesses apply for these loans. By working with third-party lenders, Nymeo has developed a process to streamline electronic PPP loan applications.
“Our PPP loan application process is simple, secure, and easy to use. There is even a payroll cost calculator that helps applicants complete the process,” Johnston added. “The SBA has resumed funding, and Nymeo is now ready to help small businesses.” Johnston said.
For information on how Nymeo is helping small businesses through the SBA Paycheck Protection Program and those experiencing hardship due to COVID-19, visit Nymeo.org, please visit Nymeo.org or call 855-436-4100.