The PPP had a significant impact on our client, a mid-sized local bank in the northeast. Shortly after the program was announced loan applications started flooding in, and soon over 6,000 loan applications needed to be processed. With their communities and small businesses depending upon them, the bank contacted Hire Counsel to provide temporary legal staff to assist with loan documentation. Within hours, Hire Counsel had identified, vetted and hired a team of Special Project Attorneys with lending backgrounds, who began processing the loans that very same week.
Our High-Level Solution to Handle Influx of PPP Loan Applications