WebPPP First Draw SBA Loan Number: Reduction in Gross Receipts of at Least 25% (Applicants for loans of $150,000 or less may leave blank but must provide upon or before seeking loan forgiveness or upon SBA request): 2024 Quarter (e.g., 2Q 2024) : Gross Receipts: $ Reference Quarter (e.g., 2Q 2024): Gross Receipts $ Applicant Ownership WebWhat happens if you are not approved for PPP loan forgiveness? If you do not get approved for total loan forgiveness, or are denied any portion of loan forgiveness, you will need to treat the PPP loan balance as any other loan. Loans approved on or after June 5, 2024 will be treated as a five-year loan with a 1% fixed interest rate.
Citi Contact Us
WebCiti is the leading global bank. Citi strives to create the best outcomes for our clients and customers with financial solutions that are simple, creative and responsible. WebFeb 23, 2024 · My client is a Citibank customer and is in the process of PPP (first) forgiveness application. I am applying for his PPP loan forgiveness through SBA PPP … great north swim mnd
Services and Solutions for Business
WebMar 31, 2024 · The program initially stopped accepting new applications on Aug. 8, 2024, but the program reopened on Jan. 11, 2024, for first-draw loans. For small businesses that had already received a PPP loan, second-draw loans became available starting Jan. 15. The deadline for both first- and second-draw loan applications is May 31, 2024. WebWhether you’re buying inventory or need easy loan processing, we’re here to make financing simple. Lending Products Credit Cards. ... Open an account with us by visiting your nearest Citibank branch. Locate a Branch. Still have questions? Call our customer service specialists. 1-877-528-0990 WebThe Paycheck Protection Program PPP is complicated, but our experts have created this detailed FAQ, including how to apply for PPP forgiveness, to guide you. It provides … great north swim 2023 dates