Canada Emergency Business Account (CEBA) application deadline extended to June 30, 2021
March 23, 2021![](https://www.retailcouncil.org/wp-content/uploads/2021/03/loan.jpg)
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.