Case Study: Tri Counties Bank launches an online PPP loan application with Formstack

Tri Counties Bank launches PPP loan applications in one week with Formstack

Tri Counties Bank needed to quickly launch an online Paycheck Protection Program (PPP) loan application process that could collect hundreds of data points and integrate seamlessly with their Salesforce Financial Services Cloud via nCino. Their challenge was to find a no-code solution that would automate the entire process, eliminating manual data entry to meet the urgent need for approving and originating loans quickly. They turned to Formstack and its Forms for Salesforce product for a solution.

Using Formstack's drag-and-drop interface, the bank built a secure online application and automated document generation within their Salesforce environment in just one week, requiring no coding or data syncing. This solution from Formstack processed a high volume of loans, originating and funding 2,908 loans totaling $436.7 million. The automated process saved countless hours, preserved over 25,000 jobs, and established a single source of truth by storing all data within Salesforce.

Tri Counties Bank