Citizens Bank of Edmond teams up with MX to help small businesses

Thursday 23 April 2020 12:21 CET | News

Citizens Bank of Edmond and MX has launched a Small Business Administration (SBA) Paycheck Protection Program (PPP) loan portal for the bank's small business customers. 

According to Yahoo! News, the application portal makes it easier for entrepreneurs and small businesses to apply for PPP loans, and for Citizens Bank of Edmond to receive and approve the loans in a short period of time.

The new portal removes the need for loan officers to manually re-enter loan applications, reducing potential input errors and delays in funding. Using the admin portal, loan officers can track the volume and status of all PPP loan applications to ensure that loans are approved and dispersed in a timely manner.

MX is a digital transformation platform for banks, credit unions, fintechs which focuses on making data accessible and actionable for financial institutions. 

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Keywords: Citizens Bank of Edmond, MX, SBA, loans, PPP, bank, fintech, data, partnership, US
Categories: Banking & Fintech
Countries: United States
This article is part of category

Banking & Fintech