On March 30, 2021, President Biden signed into law legislation to extend the application window for the SBA’s Paycheck Protection Program (PPP). Previously, any PPP application not approved by March 31, 2021—even if it was submitted prior to that date—could not receive PPP funds. The new law allows borrowers to apply for loans through May 31, 2021, and gives the SBA until June 30th to consider applications. Please refer to the SBA PPP website for complete details on this program:

SBA Paycheck Protection Program (PPP) Second Draw Loans

On Sunday, December 27, 2020, President Trump signed a $900 Billion pandemic relief bill into law. This bill reopens the SBA Paycheck Protection (PPP) Program so that some of the hardest hit small businesses can apply for a second PPP loan. Citizens First Bank will be participating in this PPP “Second Draw” and “First Draw” loan programs for businesses in our tri-county market (Sumter, Lake, and Marion Counties).

Please see our SBA PPP Comparison Chart for details on both programs. Please see below for additional important details:

For ALL Second Draw Loan Customers (Only for Customers Who Received a PPP Loan in 2020):

  • Businesses will need to show a 25% or greater decrease in gross revenues from the first, second, third, or fourth quarter of 2019 compared to the same quarter of 2020. The full year of 2019 and 2020 can also be used for comparison.
  • Documentation of decrease in revenue for all PPP Second Draw loans for any amount must be provided at time of application  Please click here for the required document checklist.

If you obtained a PPP loan from Citizens First Bank in 2020:

We will be sending a personalized link to the e-mail address on file for you to process your application for the Second Draw loans (you will need to determine if you qualify for the loan or consult with your accountant or tax advisor for eligibility).

For ALL First Draw Loan customers (Only For Customers Who Did Not Receive a PPP Loan in 2020):

  • You DO NOT need to show a decrease in revenue to qualify for a PPP loan.  Please click here for the required document checklist.

Please click here for the link to our secure portal to log in or create a profile and/or apply for your First Draw or Second Draw PPP loan. You are also welcome to contact a Citizens First Bank Lender, or call 352-259-3205, for help in applying for your PPP loan.


Please refer to the SBA PPP website for complete details on this program:


For PPP Forgiveness Applications:

All PPP Forgiveness Application links are specific to each borrower and have previously been sent via email for your convenience. Should you need your personalized link resent, your password reset, or simply have questions regarding PPP Forgiveness, please contact your lender or call 352-259-3205.


We appreciate the opportunity to be of service, stay well.

Your Citizens First Bank Team



The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the largest financial assistance bill to date, includes provisions to help small businesses. Fraudsters have already begun targeting small business owners during these economically difficult times. Be on the lookout for grant fraud, loan fraud, and phishing.

Citizens First Bank offers a variety of loans to meet the needs of businesses residing within our community.  We understand that every business is unique and each has different financing needs. That’s why our lenders devote time getting to know you and your business – we believe it’s the most important step in providing innovative solutions through loans and other business services. Whether your company is purchasing specialized equipment, vehicles for a growing business, or real estate to expand your market presence, we have the resources to assist you.

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We are proud of our local business community!!