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ANDREW MOREAU/OPINION Contracts accelerate small business, home loan approval rate by Andrew Moreau | Today at 1:55 a.m. Two recent stars of the Little Rock Venture Center s community banking accelerator program are continuing their winning ways by securing federal contracts that ease approval of small business loans and home loans. Teslar Software of Springdale reports that its banking technology supported more than 20% of Paycheck Protection Program loans issued by community financial institutions this year. The 1.3 million loans powered by Teslar represent $22 billion of funding for small businesses across the country. The fintech received approval of 80 loans per minute during peak times, according to the company.

New yorkUnited statesUniversity of arkansasLittle rockFreddie macJoe ehrhardtMario wallaceShaheen lokhandwalaMassachusetts institute of technologyLittle rock venture centerHope credit unionOffice of entrepreneurshipTeslar software of springdaleUs small business administrationCommunity bankers of americaTechnology development center