We wanted to take this opportunity to provide an update on our participation in the SBA’s Paycheck Protection Program (PPP).

On August 8, 2020 the Paycheck Protection Program closed. As such, Small Business Administration (SBA) is no longer accepting PPP applications from participating lenders. The SBA will forgive loans if all employee retention criteria are met, and the funds are used for eligible expenses including payroll costs, interest on mortgages, rent, and utilities. The borrower is responsible for tracking and documenting eligible expenses over the forgiveness period from when loan funds are received and for submitting a request for PPP loan forgiveness. 
Please note that the information regarding the PPP Program loan forgiveness provided here is  based on that which has been released by the U.S. Treasury Department and SBA and is subject to change. All financial institutions, including First Citizens', are required to follow regulations to determine the loan amount that is forgivable.  PPP loan recipients should stay informed of the latest information using the resources below.
The (SBA) recently issued instructions to lenders on the Paycheck Protection Program (PPP) forgiveness process. Lenders may begin submitting forgiveness applications to the SBA and we have created an online forgiveness loan tool to streamline and automate this process.
If you are ready to apply for forgiveness and have met the criteria for application timing (Please see “Frequently Asked Questions”), please start your forgiveness application by accessing the online tool. 
To begin, you will need the Business TIN from your PPP application, your loan amount and the SBA loan number (located on your loan closing documents). 
PPP Resources
Our Business lenders are committed to helping you succeed. Please reach out to our lenders for questions or inquiries about your business banking and lending needs. 

Michael Litzenberger
(508) 717-6039

John Cotton
(774) 628-7853

Susan Giesta
(774) 628-7842

Need help calculating your eligible payroll for the program? Click here for a helpful tool


We appreciate your patience and understanding. The relationship with all of our business members are deeply important to us and we are proud to do all that we can to help you, your employees, and our community during this most difficult time.

For more information or details about this and other Small Business Administration funding options visit https://www.sba.gov/funding-programs/loans/coronavirus-relief-options