KnowledgeLake CARES for Banks (C4B): PPP CARES Loan Application Processing.

KnowledgeLake CARES for Banks (C4B) helps you meet the unprecedented challenge of quickly processing millions of Paycheck Protection Program (PPP) loan applications under the Coronavirus Aid, Relief and Economic Security (CARES) Act.

Automatic Processing of PPP Applications DEMO

How KnowledgeLake CARES for Banks (C4B) works:

  • It can process PPP loan applications (and other related documents) received from any source. (i.e. scanned from paper, received in an email inbox as a filled PDF, from a customized page or form on your website, etc.)
  • It's an easy-to-use web-based solution that requires no changes to your banking systems because it uses an underlying technology called Robotic Process Automation (RPA).
  • It can instantly automate any banking platform because it relies on robots (we call them bots) that mimic the processes that humans normally perform.
  • Our bots reduce (or eliminate) keying which dramatically increases the speed and accuracy of loan processing.
  • Our web-based administrative portal allows your staff to securely monitor and manage the bots and their processes—regardless of your branch location or how the documents are received.

KnowledgeLake Banking References

Founded in 1923, Vantage Bank Texas is a family-owned, community-based financial institution headquartered in San Antonio, Texas.

Lake Elmo Bank is a community bank with over 100 employees. It was founded August 1, 1911, by a group of farmers and local business owners and is headquartered in Lake Elmo, Minnesota.

Middlesex Savings Bank is a midsized bank with 30 branches serving customers in eastern Massachusetts.

ORIX USA is the U.S. subsidiary of Tokyo-based ORIX Corporation, a global financial services organization.

Southwest Bank is a locally owned bank serving customers with retail financial services in North Texas.

Glenmede is an independent investment and wealth management firm. Based in Philadelphia, it has offices throughout the Mid-Atlantic region and serves customers across the United States.

Ready to Get Started?

Read our blogs to learn more...

KnowledgeLake is the only cloud content services platform that incorporates machine learning and robotic process automation (RPA). By powering content classification and capture with machine learning and deploying RPA to bypass even the most stubborn integration challenges, the platform brings unprecedented digital dexterity to content management.

 Blog: Buried in PPP Loan Applications? RPA Can Help.

On March 27, the United States government passed the Coronavirus Aid Relief and Economic Security Act (CARES). Provision 1102 of this act is the Paycheck Protection Program (PPP). This program, facilitated through the Small Business Administration (SBA)... Read more.

Leverage the KnowledgeLake Platform to achieve compliance, provide better governance, and streamline document processing.

The Content You Need—At Your Fingertips.

Manage, store and secure information in the cloud with flexibility and confidence.

Gain intelligent insight into your data when migrating content to the cloud.

Automated document classification and capture, powered by machine learning.

With Robotic Process Automation (RPA) as a service, you can automate manual, repetitive tasks easily.

KnowledgeLake RPA: The "PPP First Responder" Solution

KnowledgeLake has worked with several banks and credit unions to design and deploy a Robotic Process Automation (RPA)-centered solution that helps them meet the seemingly insurmountable challenge of quickly processing millions of loans. Our clients refer to what we’ve cooperatively developed as the “PPP first responder" solution.

Included in this solution is a streamlined process for handling PPP applications with as little human intervention as possible, no rekeying of data into multiple systems and near-zero error rates. Without this capability and KnowledgeLake’s ability to provide services in minutes, our banking clients would not have a fighting chance to meet this critically important demand.


Hear From Our Clients...

“We have found the KnowledgeLake systems to be very reliable and the support to be extremely responsive. KnowledgeLake has very engaged product and support teams. They are very committed to helping their customers and reacting to feedback to improve the product. KnowledgeLake’s Cloud and new API offering show they are committed to improving and establishing themselves as our go-forward partner.”

- Danny Knudsen, Vice President and Solution Design & Development Director

“The time savings with KnowledgeLake is instrumental in helping us transform a high-profile and time-consuming process into a more efficient one.”

- Kathy Jeanson, Assistant Vice President, Operations Manager

"KnowledgeLake provides a reliable, flexible platform that meets vital business needs while enhancing record control to streamline compliance with federal, state and industry regulations.”

- Senior Vice President

The KnowledgeLake platform helps automate other processes such as:

Intelligent Financial Services

Manage financial documents in the cloud to reduce costs and drive new revenue.

Employee Onboarding

Spend more time managing your employees, not their paperwork.

Explore the Technology

Learn how the KnowledgeLake services create an extensible cloud platform.

Get In Touch

Ready to discuss your content management challenges?