The Canada Emergency Business Account (CEBA) is a $40,000 limited-time, interest-free loan for your business until December 31, 2022. A quarter of this loan (up to $10,000) is eligible for complete forgiveness and requires no minimum monthly payments until December 31, 2022.
Who is eligible for the Canada Emergency Business Account?
In 2019, was your business payroll between $20,000 to $1.5 million? Your business may be eligible.
In 2019, was your business payroll $0 to $20,000 and your 2020 business expenses between $40,000 - $1,500,000? Your business may be eligible.