SBA Paycheck Protection Program Important Update
As of May 5, 2021, the SBA Paycheck Protection Program (PPP) is no longer accepting applications from most lenders. Therefore, we are unable to accept any new PPP applications. It is our understanding the SBA is allowing CDFIs (Community Development Financial Institutions) and MDIs (Minority Development Institutions) to continue processing applications until further notice. If you submitted a PPP application previously, please contact your lender for updates.
Please refer to the SBA PPP website for complete details on this program: http://www.sba.gov/funding-programs/loans/coronavirus-relief-options/paycheck-protection-program.
For PPP Forgiveness Applications:
All PPP Forgiveness Application links are specific to each borrower and have previously been sent via email for your convenience. Should you need your personalized link resent, your password reset, or simply have questions regarding PPP Forgiveness, please contact your lender or call 352-259-3205.
We appreciate the opportunity to be of service, stay well.
Your Citizens First Bank Team
BEWARE OF SCAMS AND FRAUD SCHEMES
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the largest financial assistance bill to date, includes provisions to help small businesses. Fraudsters have already begun targeting small business owners during these economically difficult times. Be on the lookout for grant fraud, loan fraud, and phishing.