Second Draw PPP
- Now serving Florida businesses that are existing and new Charlotte State Bank & Trust customers
- Funds from your first PPP loan must be used in full on or before the expected disbursement date of the second PPP loan
- Employ no more than 300 people
- Provide documentation of a 25 percent or more revenue reduction, comparing any quarterly gross receipts for one quarter in 2020 with the gross receipts for the corresponding quarter of 2019 when submitting your application. Charlotte State Bank & Trust cannot process your loan application without this documentation.
Expedited Applications: If your requested PPP loan amount is the same as your first PPP loan with Charlotte State Bank & Trust the only documentation needed will be your quarterly statements showing the 25 percent reduction.Expedited Online Application
Before starting the online application process, please use an incognito or private browser window to avoid issues submitting your application or supporting documents.
If you are changing your loan amount or received your first draw PPP loan from another institution
, please organize and scan your payroll records and payroll tax documents (e.g. third party or internal payroll reports, 941 forms, Schedule C or E forms, etc.) and apply at the link below.Before starting the online application process, please use an incognito or private browser window to avoid issues submitting your application or supporting documents. Online Application