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Deadline for the Second Draw PPP Application is extended until May 31st! Click here!

COVID-19 Help (PPP)

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) or Sole Proprietor/Self-Employed Borrower Application (SBA Form 2483-SD-C).

2. Compile documentation sufficient to establish that the applicant experienced a 25% reduction in revenue. Examples of acceptable documentation include:

  • Relevant quarterly or annual tax forms
  • Signed and initialed quarterly or annual income statements (if tax forms are not available)

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:

  • Copies of payroll summary and/or tax reports filed with the IRS (including tax forms 941, 940, state income, and unemployment tax filing reports) for entire year of 2020 (if available).
  • If applicable, schedule C of personal tax return.
  • Breakdown of other payroll benefits, including vacation, allowance for dismissal, or other PTO benefits, as well as health insurance premiums and retirement plan funding by the employer from the immediately preceding 12-month period.

*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:

  • Articles of Organization or Incorporation
  • Operating Agreement or By-Laws and minutes (that identify authorized signers).
  • Color photocopies/pictures of current drivers licenses for all owners over 20%.
  • Payroll documentation (see examples of acceptable documentation above).

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.

What Our Clients Say About Us

Very friendly staff from the moment I walked in. Dallas was very professional, knowledgeable and had me in and out fast!

Flo-Rite Exteriors & Seamless Gutters LLC

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!

Marawood Construction

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!

Riverland Rentals