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            SBA PAYCHECK
            PROTECTION
            PROGRAM


            On March 27th, Congress passed the CARES Act, which enacted the
            Paycheck Protection Program (PPP) under the SBA’s 7(a) lending program.

            This new program is designed to give small businesses the capital they need to support payroll costs and other expenses during the temporary disruption caused by the COVID-19 pandemic.



            PPP Forgiveness

            Please visit our PPP forgiveness page for updated information.


            Information Regarding PPP Loans

            The SBA will no longer provide PPP loan numbers after August 8, 2020. As a result, we closed our PPP loan application on July 30, 2020 at 4pm ET, so we can make every effort to obtain SBA PPP loans for remaining applicants.




            Protect Yourself and Your Business

            Please be aware of fraudulent activity related to the Paycheck Protection Program. The Small Business Administration, Internal Revenue Service and U.S. Department of the Treasury will not contact anyone directly related to the various relief programs. In addition, Citizens Bank colleagues will never proactively call and ask for your full social security number or other sensitive information via phone or email. Please note that any promises to expedite receipt of payment or increase the payment amount from the government for a fee are fraudulent.

            • PPP Fraud

              How to Avoid PPP Small Business Fraud Schemes

              Learn More
            • Small Business Fraud

              Be on the Lookout: Small Business
              COVID-19 Scams

              Learn More

            Additional Resources

            • SBA.gov PPP

              Information about the PPP is evolving. Visit SBA.gov for additional information.

              Learn More

            • COVID-19 Resources

              Ready to get through this together. Visit our COVID-19 Resource Center for other resources.

              Learn More

            • COVID-19 Fraud Prevention

              Ready to fight back against fraud. Visit our COVID-19 fraud prevention resources.

              Learn More


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