Chelsea Groton Bank is accepting SBA PPP loan applications

In 2020 we helped nearly 600 businesses secure PPP funding to retain nearly 5000 jobs in the region, more than any other financial institution in the area.
 
Interested in applying with Chelsea Groton Bank, a preferred SBA lender? There are two ways to access the link to Chelsea Groton Bank’s online PPP loan portal:
(1) please contact the Chelsea Groton loan officer that you worked directly with when you obtained your First Draw PPP Loan in 2020, you can find their contact information here, OR
(2) if you did not apply with Chelsea Groton Bank in 2020, please call our PPP Hotline 860-448-4193. 
 
Helpful hint: Borrowers can begin the application process by printing and completing the First Draw or Second Draw application to use as a guide when entering information into the Bank’s online application portal. 
 
Both PPP programs require supporting documentation whether you are applying for a First or Second Draw PPP Loan; the supporting documentation required may be different based on the type of PPP loan that you are applying for and your business legal structure. Click here for PPP Loan guidance.
 
If you have questions specific to your individual financial situation, please consult with your tax advisor, accountant and any other professional advisors

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