Paycheck Protection Program

Our commercial team is ready to help.

Follow the steps to apply.

Terms

No borrower / lender fees

No collateral & personal guarantee requirements are waived

No repayment fees

Forgiveness

Borrowers may be eligible for loan forgiveness equal to the amount spent during the 8-24 week period following loan origination

Eligibility

Have never applied or have used the full amount of their first PPP loan

Have fewer than 300 employees or 500 employees for first time borrowers

Can demonstrate at least a 25% reduction in gross receipts in any quarter in 2020 relative to the same 2019 quarter (second draw applicants)

Image
Meet our commercial team
Community Savings Bank is authorized to accept and approve applications for this program and will participate fully. We have mobilized our staff and are engaging with our SBA partners and local professionals in this very important endeavor. You do not need to be a current customer to apply. All fields below are required.
Step 1 Provide your information below
Step 2 Follow the steps in the email we send
Step 3 Download and fill out the application
Step 4 Submit the required documents