Canada Emergency Business Account (CEBA)

Canada Emergency Business Account (CEBA)

Ended on June 30, 2021, this federal program provided interest-free loans of up to $60,000 to small businesses and not-for-profits experiencing temporary financial hardship to help cover their operating costs.

Learn more about the program on the Canada Emergency Business Account site.

Track the status of an application made before June 30, 2021

Applications sent before the deadline are currently under review by the government. Note that processing and correction times may extend until the end of summer 2021.

You can view the status of your application on the Government of Canada’s website. or contact the CEBA Call Centre at 1-888-324-4201. The CEBA Call Centre is open Monday to Friday from 8 AM to 9 PM ET.

Loan and repayment terms

  • Interest-free until December 31, 2023, with no principal payments required

If the loan is reimbursed no later than December 31, 2023, you can benefit from the following terms and conditions:

  • Total loan of $60,000
    • No interest to pay
    • Amount to repay: $40,000
    • Amount of incentive: $20,000
  • Loan of $40,000
    • No interest to pay
    • Amount to repay: $30,000
    • Amount of incentive: $10,000

If there’s still a balance to pay on January 1, 2024:

    • You can set up a 3-year repayment term (principal + interest) or keep the loan with a 5% interest rate
    • The loan must be repaid by December 31, 2025

Repaying your loan

Pay back all or part of your loan online in AccèsD Affaires. Select Financing and credit cards, then select the loan for the Canada Emergency Business Account and click Make a payment. Transactions can be carried out in Canadian dollars only. Allow 2 business days for your transaction to be processed.

Repay your loan.

Follow the steps on AccèsD.

Follow the steps on Accès D mobile.

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