KSL.com: How two Utah tech giants teamed up to help small businesses secure PPP loans
KSL.com
By Ryan Miller
July 22, 2020
MX, which aggregates data for banks and credit unions, saw the same problem — just from the other side. The state of Utah saw a massive increase across the board of the number of PPP applications it was getting — upwards of 10X the usual amount — within just a couple week period. MX thought they could help clients navigate through the PPP process. And, in turn, help countless businesses get access to much-needed funds.
'In the spirit of wanting to help improve financial strength for those affected — those who have small businesses, and who run small businesses, or who operate as employees of small businesses — but also out of the spirit of just looking to serve our clients, we decided that we would build a solution that could actually allow for that deluge to be managed much more simply and rapidly.” -- Nate Gardner, Chief Customer Officer, MX
Read the full article here.