Online Banking

Paycheck Protection Program (PPP) - Get Started!




PPP Round 2 Application Portal Reopens

UPDATE 3/25/21: With the Senate passage of the PPP Extension Act of 2021, we are once again accepting PPP applications for round 2 of the Paycheck Protection Program for both new first draw and second draw PPP borrowers (If you received a PPP loan through FNCB Bank, you will have an abbreviated application process.).

The new applications deadline will be May 31, 2021 but there are no guarantees funding will last. We encourage you to apply as soon as possible. To apply online:


If you plan on, or are in the process of completing your PPP loan application, keep in mind the following tips to help ensure it is submitted to FNCB properly:

  • If your loan amount is different than your first draw amount, you need to provide payroll data to support the new loan amount.
  • Remember to execute the application documents via Adobe Sign and then Submit your application. This final step is required to finish your loan submission.
  • After all documents are signed, you will also need to submit by signing back into the portal and hitting the SUBMIT APPLICATION button.

 If you are an FNCB Bank second draw borrower, you will need:

  • If you're first PPP loan was through FNCB Bank: Sufficient information to demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020. If your loan request is greater than $150,000, you must provide documentation upon application. Otherwise, you may provide documentation when you request forgiveness.
  • Your SBA Loan Number. Please reach out to us at if you need help locating your number.

If you are a NEW PPP borrower with FNCB, you will need:

  • Financial and payroll data required by the SBA per the 2483 application instructions. (Please do not submit PDF application).
  • Corporate formation documents.
  • Government issued ID for beneficial owner and/or document signors.
  • If you have a PPP loan through another financial institution and are applying for a second draw, we will also need: Sufficient information to demonstrate at least a 25% reduction in gross receipts between comparable quarters in 2019 and 2020. If your loan request is greater than $150,000, you must provide the associated documentation upon Application. Otherwise, you may provide documentation when you request forgiveness.

While based on similar principals as the first round of PPP funding under the CARES Act, the second round of PPP has some key differences as summarized below. 

Key PPP updates include:

  • PPP borrowers can set their PPP loan’s covered period to be any length between 8 and 24 weeks to best meet their business needs;
  • PPP loans will cover additional expenses, including operations expenditures, property damage costs, supplier costs, and worker protection expenditures;
  • The Program’s eligibility is expanded to include 501(c)(6)s, housing cooperatives, direct marketing organizations, among other types of organizations;
  • The PPP provides greater flexibility for seasonal employees;
  • Certain existing PPP borrowers can request to modify their First Draw PPP Loan amount; and
  • Certain existing PPP borrowers are now eligible to apply for a Second Draw PPP Loan.

Limited Eligibility for Second Draw PPP Loans:
The Second Draw of PPP loans are available to borrowers that previously received a PPP loan - Your first PPP Loan need not have been with FNCB Bank. Second Draw PPP loans are limited to businesses that: 

  • Employ no more than 300 employees (down from 500) or meet an alternative size standard;
  • Have used the entire amount of their first PPP loan or will use such amounts, and
  • Had gross receipts during Q1, Q2 or Q3 2020 that were at least 25 percent less than the gross receipts from the same quarter in 2019 (applicants may use Q4 2020 if they apply after January 1, 2021). If the business was not in operation for a portion of 2019, then the comparable quarters may be different. The limitations put in place for Second Draw loan eligibility, as explained in this section, do not apply to first-time borrowers.

Maximum Loan Amount:
Borrowers of a Second Draw PPP loan have an option to calculate the maximum loan amount by multiplying the borrower's average total monthly payroll in (a) the one-year period prior to the date on which the loan is made, or (b) calendar year 2019, by 2.5x. The maximum loan amount has been reduced from $10 million in the first round to $2 million. Similar to the first round, seasonal employers calculate their maximum loan amount differently. Note that the $2 million cap does not apply to first-time borrowers, that cap remains at $10 million.

Maximum Loan Amounts for the Hospitality Industry:
Borrowers of a Second Draw PPP loan that have NAICS Code 72 (typically restaurants and hotels) are permitted to use a 3.5x multiplier of their average monthly payroll costs to calculate their maximum loan amount, subject to the $2 million cap.

Useful Links:

Overview of First Draw PPP Program

Overview of Second Draw PPP Program

SBA Website

FAQ For Lenders and Borrowers (3/12/21)

Round One Loan Forgiveness

Small businesses and sole proprietorships—generally, those with 500 or fewer employees. PPP loans will be fully forgiven when used for payroll costs, interest on mortgages, rent and utilities, with at least three quarters of the forgiven amount being used for payroll; forgiveness is based on employers maintaining headcount or quickly rehiring and maintaining salary levels.


We're here to help

Have additional questions? E-mail us at, call 1-877-879-3622 or reach out to a member of our Business Banking Team or Community Office Manager.


Brian Mahlstedt - new

Brian Mahlstedt

Executive Vice President

Chief Lending Officer


Pat Barrett - new

Patrick Barrett

Senior Vice President

Commercial Officer


John Strellish - new

John Strellish

Senior Vice President

Commercial Officer


Nancy Jeffers - new

Nancy  Jeffers

Vice President

Commercial Officer


Karen Smith - new

Karen Smith

Vice President

Commercial Officer


Stephanie Abraham - new

Stephanie Abraham

Assistant Vice President

Commercial Officer


Daniel Boote

Daniel Boote

Assistant Vice President

Commercial Officer


Tyler Serbin - new

Heather Nunemacher

Assistant Vice President

Commercial Officer


Tyler Serbin - new

Tyler Serbin

Assistant Vice President

Commercial Officer


Joseph Moffit - new

Joseph Moffitt

Banking Officer

Commercial Officer


Our Mountain Top branch is open for Drive-Thru and appointment banking. All other locations are fully open.

Back to Top