IMPORTANT NOTICE AS OF 1:35PM EST, April 22, 2020


To our valued customers and applicants:

Thank you for choosing CFSB to facilitate your PPP loan applications. We are grateful for the trust you place in CFSB to provide for your financing needs.

Due to the popularity of the PPP, and in anticipation of Congressional approval for additional PPP funds, the Bank has received a significant volume of applications. In order to effectively focus our resources to reviewing and processing the applications received, as of 1:20 P.M. EST, April 22, 2020, the Bank will temporarily cease accepting new PPP applications.

We will resume accepting new applications, if and when, capacity becomes available.

We apologize to the many applicants that we cannot facilitate at this time.
For questions or concerns you can contact us at ppp@cfsb.com alternatively you can reach us at 646-876-8986.

Paycheck Protection Program Calculator

Paycheck Protection Program (PPP) Loan  
What costs are eligible to be included in annual total payroll expenses?  
• Compensation (salary, wage, commission, or similar compensation, payment of cash tip or equivalent)  
• Payment for vacation, parental, family, medical, or sick leave  
• Allowance for dismissal or separation  
• Payment required for the provisions of group health care benefits, including insurance premiums  
• Payment of any retirement benefit  
• Payment of State or local tax assessed on the compensation of employees