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SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’
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SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’

SoFi Assisted in PPP Program Through Comparison Site ‘Lantern’

Emily Donato·
FintechNews RoundupUSA
·Apr. 27, 2020·1 min read

SoFi shared in a press release that they had helped funnel over $75 million in loan applications to lenders for the Paycheck Protection Program through Lantern, a site that SoFi operates; Lantern is a product comparison site similar to others in the market today and was launched just 4 days after the CARES Act was passed; 42% of small business applications were matched with companies in the network and 24% of those got approved by the SBA for PPP loans; Lantern not only helps small businesses but also allows users to compare personal loans. PR Newswire

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

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Comparisonconsumer lendingLanternPaycheck Protection ProgramPersonal LoansPPPsmall business lendingSoFi
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