Canada Emergency Business Account (CEBA) application deadline extended to June 30, 2021March 23, 2021
Retailers will now have until June 30, 2021 to apply for their second Canada Emergency Business Account (CEBA) loan of up to $20,000 – on top of the initial $40,000 that was available previously.
The government initially extended the CEBA loans from $40,000 to $60,000 for eligible retailers in December 2020. If the loan is repaid by December 31, 2022, $20,000 of the loan will be forgiven. More information on this program and recent changes can be found on RCC’s website.