Womply Launches PPP Fast Lane to Help Under-Served Businesses Access the Paycheck Protection Program (PPP)

SAN FRANCISCO–(BUSINESS WIRE)–Womply, the local commerce platform that provides apps, APIs, marketing, and financial tools to make local commerce happen, today announced the launch of PPP Fast Lane and its integrated partnership with Fountainhead, a nationwide nonbank lender for small-to-midsized businesses. PPP Fast Lane will enable the smallest businesses to access vital Paycheck Protection Program (PPP) funding with as little friction as possible, while helping borrowers remain compliant and minimizing program fraud.

In 2020, Womply helped more than 100,000 businesses access the Paycheck Protection Program through its network of SBA-approved lenders. The program played a critical role in stabilizing these small…