PPP Loan Information

Centreville Bank is offering loans through the SBA Paycheck Protection Program (PPP).

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Important information for businesses looking to apply.

Centreville Bank is accepting applications for the second round of PPP loans through the Small Business Administration (SBA). The SBA is offering two types of loans:

  • Second Draw PPP Loans: for certain businesses who previously received a PPP loan
     
  • First Draw PPP Loans: for first time PPP loan program participants

Businesses will need to meet criteria as outlined by the SBA in order to be eligible. Visit the SBA site to learn more about loan details and the eligibility requirements:

If you have questions about PPP loans or are interested in applying, please email pppapplications@centrevillebank.com and a lender will contact you directly.


If your business already received a PPP Loan through Centreville Bank:

Any business customers who have previously received a PPP loan through Centreville Bank should contact their lender directly or can also email pppapplications@centrevillebank.com for assistance. Once you have been in contact with a lender, you will need to provide the following in order for your application to be submitted when the portal is open:

  • Completed PPP Second Draw Borrower Application Form
     
  • Completed Beneficial Ownership Form
     
  • 2020 vs. 2019 Profit and Loss Statement for the quarter showing a minimum 25% decline in revenue
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  • 2020 payroll figure documentation if you are using 2020 payroll to calculate the loan amount. This includes either a 2020 Payroll Report from your payroll provider or a 2020 Year End Profit and Loss Statement.

Please do not send any forms or documentation until you have been in contact with a lender.
 

If your business did not previously receive a PPP Loan through Centreville Bank:

While we are committed to addressing the continued needs of our previous loan customers, we are openly accepting all requests and will do our best to be responsive to any communications received during this time. If you have questions about PPP loans or are interested in applying, please email pppapplications@centrevillebank.com and a lender will contact you directly.

Please do not send any forms or documentation until you have been in contact with a lender.