COVID-19 Relief For Businesses
COVID - 19 Relief for Business
We know that these are difficult circumstances for everyone. Please know that we're doing all we can to help our clients and communities. Should you have any questions regarding how Century Bank can help your business, don't hesitate to reach out to any of our Commercial Bankers during normal business hours. Below you will find some helpful information about how we may be able to help.
Effective Tuesday, January 19, 2021, Century Bank will be accepting applications for the next round of the Small Business Administration's Paycheck Protection Program (SBA PPP) funding. If you are considering a request for additional funding, we recommend that you look at the Small Business Administration and the U.S. Treasury websites to see the most current information regarding the PPP Loan Program.
Century is honored to be a participant in the SBA's PPP approved by Congress under the Consolidated Appropriations Act, 2021. We are eager to help businesses and our communities with the resources they need to maintain their operations during this extraordinary time. The new legislation allows first time borrowers to request funding as well as allowing a second draw for existing PPP borrowers.
Clients that previously received a PPP loan from Century Bank will receive an email from us letting them know how to submit a new request for funding.
If you are not currently a Century Bank client and are interested in submitting an application, please contact us at 505.995.1200.
Century will update this page and information as we are informed. In the meantime, feel free to continue to seek guidance from our Commercial Bankers or contact us at 505.995.1200 during normal business hours.
Commercial and Small Business Loans 1
Century Bank will work with you one on one for your commercial and small business needs during this crucial time. A Commercial Banker is ready to discuss your lending needs. Please contact us at 505.995.1200 during normal business hours to discuss your potential options.
Century is ready to assist our business clients by refunding certain fees including, but not limited to, NSF, overdraft and other miscellaneous fees related to COVID-19. We have also increased limits on ATM withdrawals and point of sale transactions for debit cards.
Please continue to check this page for updates.
1 All new loans and modifications of existing loans are subject to credit approval