Center State PPP Loan Information
Updated: Jan 27
Center State is not accepting PPP loan applications at this time – you need to register with them, the following is from the bank, click on “Register Now” to begin the process:
Keeping Business Going!
Complete this short form and we will notify you when we’re ready to begin accepting PPP submissions. Please note, if you are not already an existing CenterState customer, we recommend you contact your bank for assistance.
While documentation details are still being finalized, if you believe you qualify for relief under the CARES Act Payroll Protection Program, gathering the following documentation will be helpful for determining the size of your loan and may be required when the application becomes available:
2019 IRS Quarterly 940, 941 or 944 payroll tax reports
2020 (first quarter) 940, 941 or 944 payroll tax reports
Payroll summary reports for a twelve-month period (ending on your most recent payroll date) plus first quarter of 2020, which will show the following information: • Gross wages for each employee, including officer(s) if paid W-2 wages, which includes PTO, vacation, paid sick leave • State and local taxes assessed on an employee’s compensation
Documentation of payments required for the provisions of group health care benefits, including insurance premiums
Documentation of payments of all retirement plan benefits that were paid by the company (excluding employee deferral withholding)
Any forms 1099-MISC for independent contractors for 2019
The period of coverage as set by the PPP is 2/15/20 – 6/30/20
There is also this loan available to you – the $10,000
COVID-19 ECONOMIC INJURY DISASTER LOAN APPLICATION