Wolters Kluwer Compliance Solutions has announced that its Paycheck Protection Program (PPP) Supported by TSoftPlus solution, designed to help banks, credit unions, and other local lenders support small businesses with payroll funding during the COVID-19 crisis, has recommenced processing PPP loan applications under the replenished program funding, signed by President Trump on April 24.

While this is a decline from the prior quarter, purchase originations rose in more than 60% of the cities studied in a new report.