Second Draw PPP Checklist for Existing Customers at Citizens State Bank
Be sure to complete steps 1, 2, and 3 below.
1. Complete Borrower Application (SBA Form 2483-SD).
2. Compile documentation sufficient to establish that the applicant experienced a 25% reduction in revenue. Examples of acceptable documentation include:
3. If using 2020 payroll (if using 2019 payroll values, no additional documentation is required), compile any and all supporting payroll documentation into a single consolidated PDF if possible. Examples of acceptable supporting documentation would include:
*For new customers who are submitting a PPP application, the Borrowing Entity MUST have a deposit account with Citizens State Bank. If the Borrowing Entity does not have a deposit account with Citizens, please contact the bank to set up a deposit account prior to submitting your application.
Additional requirements for new Citizens State Bank loan customers:
Please submit all documents requested above via Dropbox link below (if you are submitting for multiple businesses, please submit them separately):
Click here to upload files.
Very friendly staff from the moment I walked in. Dallas was very professional, knowledgeable and had me in and out fast!
Thank you to Jared who has been phenomenal to work with! Jared stepped in to help on of our clients to secure financing for a commercial construction project. He went above and beyond with his communication between the client and our construction company as well as going above and beyond with his efforts to secure financing. Without Jared stepping in I don't know if this project would have been made possible. We look forward to continuing to refer Jared to future clients!
We recently just closed on a commercial loan from Jesse at Citizens! What a great experience! Of the two prior houses I have owned and the hassle it was to purchase them, I figured getting a commercial loan was going to be even worse. But that was not the case, Jesse made it SO easy from start to finish and helped us along the way. We can't wait to do our next loan through Citizens and grow our relationship with the wonderful staff in their office! Thanks for the smooth transaction, looking forward to the next!