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

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.