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Canadian Emergency Business Account for Small Business (CEBA)
The federal government has provided small businesses with the Canada Emergency Business Account (CEBA) due to the 2020 COVID-19 Pandemic. A CEBA loan provided financial relief for eligible small businesses and not-for-profit organizations to help cover their operating costs during a period where their revenues were temporarily reduced, due to the economic impacts of COVID-19.
If your small business qualified, the Canada Emergency Business Account provided access up to a $60,000 interest free loan.
The deadline to repay the loan was extended to December 31, 2023.
If you have questions about your existing CEBA loan, please contact your Business Account Manager.
For full information, please visit the CEBA website. Canada Emergency Business Account (CEBA) (ceba-cuec.ca)