PPP Loan Forgiveness Application Portal

Welcome to the Citizens Bank & Trust Secure PPP Loan Forgiveness Application Portal. We advise you to begin by reviewing the 3508EZ instructions below, as page 1 of these instructions will provide guidance on which application you can complete. After determining which form is appropriate for you, complete the application and submit it here, along with any supporting documentation.

Upon submitting your application to Citizens Bank & Trust, we will begin processing your loan forgiveness request. As a reminder, the U.S. Treasury and Small Business Administration (SBA) have given lenders up to 60 days to make their decision. In addition, the SBA then has up to 90 days to make their final decision and fund the forgiveness amount. If you have any questions please contact your Citizens Bank & Trust loan officer.

The SBA, in consultation with the U.S. Treasury, has released two versions of the Loan Forgiveness Application for the Paycheck Protection Program (PPP). These new applications were created after the U.S. Congress passed the Paycheck Protection Flexibility Act, which extends the “covered period” for loan forgiveness from 8 weeks to 24 weeks, includes a reduction of the proportion of proceeds that must be spent on payroll costs from 75% to 60% and adds a safe harbor for businesses that have been unable to return to the level of business activity they had prior to the Covid-19 pandemic, due to required compliance with health and safety guidelines.


Forms and Instructions

  • 3508S - A borrower of a PPP loan of $150,000 or less, other than any borrower that together with its affiliates received loans totaling $2 million or greater, may use this form to apply for loan forgiveness.
  • 3508EZ  - to use this form, you must meet at least one of the two certifications found on page 5 of the 3508EZ application package.
  • 3508  - this application is to be used for all other forgiveness application requests that are not eligible to use the 3508S or 3508EZ applications .