Business Resources for COVID-19
If your business needs relief as a result of COVID-19, Citadel can help provide resources and loan payment options.
Government Loan Programs
There are two programs available to small businesses through the SBA due to the COVID-19 disruption. One of the programs is the Economic Injury Disaster Loan (EIDL) and the other is the Paycheck Protection Program (PPP) Loan.
Economic Injury Disaster Loan
These low-interest loans are available to small businesses that are affected by economic disaster. The applications and funding for the EIDL loans are handled directly by the SBA without involvement from financial institutions. To apply for an EIDL, visit covid19relief.sba.gov/#/.
Paycheck Protection Program Loan (PPP Loan)
In January 2021, Congress authorized $284 billion in additional funding for the PPP Loan program. As of May 2021, these funds have been exhausted. We encourage you to review all related PPP Loan program information on the SBA website for additional details.
Citadel Business Loans
Citadel continues to offer our full range of commercial loan products. If you would like help with a conventional business loan, please reach out to John Hamilton at (267) 496-8725 or Jackie Garress at (267) 658-4108.
If you are a commercial loan client of Citadel’s and you need assistance making payments, please fill out our Business Loan Assistance Form or contact BusinessRelief@citadelbanking.com.