ViON to Help Update SBA Loan IT Platforms; Tom Frana Quoted

Tom Frana
Tom Frana

ViON has been selected to provide information technology infrastructure for the modernization of Small Business Administration systems used to process loan applications.

SBA aims to update some of its Oracle SPARC servers and increase the capacity of loan systems as the agency receives more financial aid requests from small businesses amid the coronavirus pandemic, the company said Tuesday.

"As the country shifts dramatically due to the pandemic, we are enabling the SBA to quickly improve their capacity to process loans for the United States business community,” said Tom Frana, chairman and CEO of ViON and a two-time Wash100 awardee.

“It is truly a partnership between public and private sector to respond with urgency and accomplish this important mission."

ViON helped the agency implement SPARC M12-2 servers over a two-day period.

You may also be interested in...

Summit2Sea Consulting

Summit2Sea to Help DoD Build AI-Based Financial System Prototype

The Department of Defense's innovation arm has partnered with Summit2Sea Consulting to develop an artificial intelligence technology intended to help DoD increase the efficiency of its financial management process.

ST Engineering

ST Engineering Subsidiary Demos Return Link Tech for LEO Satellite Connectivity

A subsidiary of ST Engineering North America has demonstrated multiterminal bandwidth sharing via a return link system that works to expand the beam hopping capacity of Telesat's low-Earth orbit satellites.

Mark Lee SVP

ICF Secures HHS Child Care Program Support Contracts; Mark Lee Quoted

ICF has booked three contracts worth $31M combined from the Department of Health and Human Services to support early childhood assistance programs under HHS' Administration for Children and Families.