The PPP was created under the Coronavirus Aid, Relief and Economic Security Act (CARES) Act, which serves as an extension of the Small Business Administration (SBA) 7(a) loan program, aimed at helping small businesses who have been severely impacted by COVID-19. The PPP provides relief to small businesses, self-employed individuals, independent contractors, non-profit, veterans organizations and/or Tribal businesses. Funds can be used to meet payroll, cover rent and utilities, as well as business mortgage debt. Some or all of your loan may be eligible for forgiveness. The Senate passed bipartisan legislation that includes an additional $310 billion to restart the Paycheck Protection Program (PPP).


At, Empire State Bank we understand the economic impact the COVID-19 pandemic has had on both businesses and individuals globally and we are committed to helping small businesses navigate through disruptions spread the Coronavirus. If your small business has been negatively impacted by the COVID-19 pandemic, you may be eligible for relief through the PPP. 


If you have not previously applied, you can apply now by emailing us at Please include your name and contact info only and a Business Relationship Manager will reach out to you.


PPP Loan Applications are being accepted on a first-come, first-served basis until funds are depleted. Empire State Bank customers will have first priority in the queue. All loans are subject to review and approval. There is no guarantee how long Federal funding will be available.