Paycheck Protection Program

The Small Business Administration (SBA) is dedicated to helping sustain our nation’s small businesses and to supporting their tens of millions of employees. During these unprecedented times, brought on by the COVID-19 pandemic, SBA has worked to maximize access to the Paycheck Protection Program (PPP). Building on the success of the first round of PPP, Congress has authorized additional funding for a second round of the PPP.

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INTERIM FINAL RULE ON SECOND-DRAW LOANS: Please review the FAQs in this document to determine the eligibility of your business.

INTERIM FINAL RULE ON PPP AS AMENDED BY ECONOMIC AID ACT: Refer to this document if your business did not apply for the First Draw/First Round of PPP loans in 2020 to determine if your business is eligible.

PPP INFORMATIONAL SUMMARY: This summary document details what additional information will need to be evaluated and/or submitted to the bank as part of your application.

PPP SECOND DRAW BORROWER APPLICATION FORM (SBA Form 2483-SD): This application must be submitted to CNB to start the process of obtaining your PPP Second Draw loan.

PPP FIRST DRAW BORROWER APPLICATION FORM (SBA Form 2483): This application should only be used if you did not apply and/or receive a PPP First Draw/First Round loan in 2020.

Once completed, please email your application and any documentation detailed on the informational sheet to ppp@cnbtx.com. If your business was a recipient of the first round of PPP, the same Community National Bank officer that assisted you previously will most likely assist you with the second round as well. If your business did not receive the first round of PPP either at CNB or not at all, an officer will be assigned to your application immediately.

Thank you once again for entrusting CNB to assist you and your business.

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