Blue Ridge Bank and SK2 Capital Launch EasyPPPzy™ Online Platform for Self-employed Workers to Receive Forgivable PPP Loans
March 31 2021 - 1:13PM
Business Wire
Blue Ridge Bank, N.A. (“Blue Ridge Bank”), the national bank
subsidiary of Blue Ridge Bankshares, Inc. (NYSE American: BRBS),
announced today their continued partnership with SK2 Capital Inc.
on the launch of its EasyPPPzy™ online platform following the news
that the Small Business Administration’s Payment Protection Program
(“PPP”) loan application deadline has been extended to May 31st.
The EasyPPPzy™ platform is a digital PPP application portal built
from the ground up to assist with applying for and distributing
forgivable PPP loans to self-employed professionals and independent
contractors.
Gig economy workers, freelancers, drivers, and contractors can
now complete their PPP application 100% online with SK2 Capital’s
EasyPPPzy™ online platform, backed by Blue Ridge Bank as the
exclusive lender. All self-employed individuals, whether they are
gig economy workers, sole owners or contractors, can apply for PPP
funding in as few as five minutes on www.easypppzy.com.
“Self-employed professionals, including freelancers and gig
economy workers, are a crucial part of our economy and we realized
early on that they were facing substantial barriers to accessing
COVID-19 relief funds,” said Roger Saad, CEO and Founder of SK2
Capital. “We endeavoured to change that by using technology to make
it easier for eligible people to access and apply for a PPP loan
online. Our new platform allows us to offer our services for free
to all, regardless of how small their loans may be.”
Blue Ridge Bank and SK2 Capital first partnered in March 2020
when PPP was announced as part of the Coronavirus Aid, Relief, and
Economic Security Act (CARES Act). Blue Ridge Bank was the
exclusive funding partner for all SK2 Capital’s clients who were
eligible to receive PPP funding. The partnership has since expanded
into the online offering known as EasyPPPzy™ .
“We’re excited SK2 Capital has chosen to extend its partnership
with Blue Ridge Bank,” said Michael Knotts, Senior Vice President
of Government Guaranteed Lending and Business Development at Blue
Ridge Bank. “Our shared commitment to supporting Main Street
resulted in hundreds of small businesses across America gaining
access to critical funding. We look forward to continuing our work
together to reach even more borrowers to access this crucial
funding, particularly the long tail of small businesses that have
had the most difficulty to date in accessing PPP funds.”
The EasyPPPzy™ platform is built to streamline, simplify, and
assist all eligible self-employed individuals obtain a PPP loan
through an intuitive online platform. It is powered by The NoCheck
Group LLC’s award-winning financial services platform to ensure the
security and privacy of all applicants’ private financial
information. The platform has already assisted customers with loans
approved under the Small Business Administration’s new rule changes
announced March 5th.
About Blue Ridge Bank
Blue Ridge Bank, N.A., is the wholly owned banking subsidiary of
Blue Ridge Bankshares, Inc. Through its subsidiaries and
affiliates, Blue Ridge Bank provides a wide range of financial
services including retail and commercial banking, payroll,
insurance, card payments, wholesale and retail mortgage lending,
and government-guaranteed lending. The bank provides commercial
banking services to customers located throughout Virginia and North
Carolina. Visit mybrb.com to learn more.
About SK2 Capital Inc.
SK2 Capital Inc. (www.sk2capital.com) is a financial services
and fintech company on a mission to help underserved SMEs obtain
access to financial resources and services through dedication and
innovation. Our purpose during these turbulent and uncertain
financial times is to help as many small businesses and
self-employed professionals as possible get access to the financial
services and advice they need in order to help their businesses
survive and grow.
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version on businesswire.com: https://www.businesswire.com/news/home/20210331005833/en/
Media Contact: Jon Amar, Blue Ridge Bank
jon@onwordstrategic.com
Chiara Bondesan, SK2 Capital chiara@sk2capital.com
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