Case Study: Enterprise Bank & Trust achieves rapid PPP loan processing and streamlined forgiveness administration with Abrigo

Enterprise Bank & Trust PPP Loan Forgiveness & Administration with Abrigo Continues Great Partnership

Enterprise Bank & Trust faced a scramble to accept, submit and later forgive thousands of Paycheck Protection Program (PPP) loans during the COVID-19 relief efforts. To streamline high‑volume application submission to the SBA E‑Tran portal and to manage ongoing forgiveness and reporting, Enterprise Bank & Trust partnered with Abrigo and deployed its Sageworks SBA Lending solution (and leveraged Sageworks ALLL for CECL/allowance tracking).

Abrigo rapidly implemented the Sageworks SBA Lending solution and supported Enterprise through overnight data loading and integration, enabling the bank to push loans directly into E‑Tran and use features like a forgiveness calculator, secure borrower portal, and PPP dashboards. The result: Enterprise processed thousands of PPP loans in 36 hours during the second funding round (versus 1,500 loans that took 13 days when entered manually), and Abrigo’s platform positioned the bank to efficiently track forgiveness and reporting for all PPP loans.

Enterprise Bank & Trust

Deborah Barstow

Senior Vice President