Small Loan Forgiveness Program (SBA)

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Under the Coronavirus Aid Relief, and Economic security (CARES) Act, the US government has been working with Small Business Associations (SBA) and lenders to disperse funds to small businesses. As per the act, loans have been disbursed and the process to orchestrate and complete the process of loan forgiveness to the validated businesses has been initiated.

Capgemini in collaboration with our partners on Google Cloud platform, has developed a loan forgiveness framework that can be deployed as a cloud-based-service or custom-installed in the bank’s on-premise or virtual private cloud environment.

By using Capgemini’s proven solution, featuring google technology, borrowers and other financial service providers can speed the process to disburse loans and the respective forgiveness scheme to those businesses who need it most saving the small businesses across the country.

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