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Now Accepting Paycheck Protection Forgiveness Applications!

Paycheck Protection Program

Paycheck Protection Program Loan Forgiveness

PPP Borrowers (Loans under $150,000)

  1. Complete SBA Form 3508s (Instructions on pg. 3) 
    • Form 3508s requires fewer calculations and less documentation for eligible Borrowers. No supporting documentation is required to be submitted to bank; however, the SBA may request information and documentation to review those calculations as part of its loan review or audit process. 
  2. CLICK HERE to upload completed & signed Forgiveness Application.

 

PPP Borrowers (Loans over $150,000)

  1. Complete SBA Form 3508ez (Instructions on pg. 5) 
  2. Compile all supporting documentation for costs included on your forgiveness application into a single consolidated PDF if possible. Examples of acceptable supporting documentation may include:
    1. Copies of payroll summary and/or tax reports filed with the IRS (including tax forms 941, 940, state income, and unemployment tax filing reports).
    2. Any other supporting documentation of non-payroll expenses for mortgage interest, rent, or utilities, such as receipts or cancelled checks.
    3. Statements documenting employer contributions to health insurance premiums and retirement plan funding.
  3. CLICK HERE to upload completed & signed Forgiveness Application and all supporting documentation.  

 

Please reach out to Jake Sharon (jsharon@citizensstatebank.us) or your Business Banker if you have any questions or are in need of assistance!

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