• This program is currently closed.



Type of Program:



Canada Emergency Business Account (CEBA) program provides interest-free loans of up to $60,000 to small businesses and not-for-profits.

There are two application streams:

  1. 1
    the Payroll Stream (applicants with employment income paid in the 2019 calendar year between Cdn.$20,000 and Cdn.$1,500,000);
  2. 2
     the Non-Deferrable Expense Stream (applicants with Cdn.$20,000 or less in total employment income paid in the 2019 calendar year).

Comments on Funding:

Funding is a loan of up to $60,000. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 33% (up to $20,000).

As of December 4, 2020, CEBA loans for eligible businesses will increase from $40,000 to $60,000.

Applicants who have received the $40,000 CEBA loan may apply for the $20,000 expansion, which provides eligible businesses with an additional $20,000 in financing.

When It Ends:



March 31, 2021


The applicant must:

  • have an active CRA Business Number (BN) with an effective date of registration on or prior to March 1, 2020. As of October 26, 2020, eligibility for CEBA expanded by removing the previous March 1, 2020 condition for having an active business chequing/operating account. With this removal, eligible businesses can now apply after opening a business chequing/operating account with their primary financial institution.
  • have an active business chequing/operating account with the Lender at the time of applying for CEBA. Note: If Borrower currently does not have a business chequing/operating account the Borrower must create one at their primary financial institution before applying for CEBA.
  • have not previously used the Canada Emergency Business Account Program (the “Program”) and will not apply for support under the Program at any other financial institution.
  • intend to continue to operate its business or to resume operations.

Aditionally, applicants that fall into the Non-Deferrable Expenses Stream must also meet the following criteria:

  • have eligible non-deferrable expenses between Cdn. $40,000 and Cdn. $1,500,000. Eligible non-deferrable expenses could include costs such as rent, property taxes, utilities, and insurance. Expenses will be subject to verification and audit by the Government of Canada.
  • have filed an income tax return with the CRA with a tax year ending in 2019 or, if its tax return for 2019 has not yet been submitted, 2018.

Applications Steps:

Payroll Stream:


Applicants must submit an application with their financial institution.


The Government of Canada will assess the application and inform the financial institution of the approval or decline of the loan. If approved, the financial institution will provide the funds into the applicant's business chequing / operating account.

Non-Deferrable Expenses Stream is a three-step process:


Applicants must complete the online Pre-Screen Tool. The Pre-Screen Tool is not a CEBA application and is solely intended to provide a non-binding indication of eligibility to inform the applicant of whether to open a business account (if needed) and apply for CEBA at their financial institution. If they are declined at this step they can still apply for CEBA and therefore still need to complete the next two steps as identified.


Businesses will initiate applications directly at their primary financial institution where they hold their primary business chequing /operating account. The financial institution will then direct applicants to Step 3 of the application process.


Following the initial application through their financial institution, applicants will be directed to a CEBA website to provide supporting documentation of the 2020 Eligible Non-Deferrable Expenses and to complete the application.

The Government of Canada will assess application information submitted via financial institutions together with the supporting documentation and information provided in Step 3. If successful, the Government of Canada will notify the financial institution and provide funding.

All applicants can now check the status of their CEBA Loan online at CEBA | CUEC. Please wait 5 to 7 business days after finalizing the application before checking the loan status on this loan status website or with the call centre. If the applicants try before the 5 to 7 business days they will not receive an update. 

Documentation Needed:

Applicants must submit/upload electronic or paper copies of Receipts / Invoices / Agreements as evidence of their 2020 Eligible Non-Deferrable Expenses.

Other Things to Note:

Program Deadlines Have Now Passed for CEBA Applicants. Applicants can no longer: 

  1. 1
    Apply for a $60,000 CEBA loan or the $20,000 expansion.
  2. 2
    Submit Additional Information Related to Their Business Number.
  3. 3
    Requalify Under the Non-Deferrable Expense Stream.

About the author 


Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.


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