Business COVID-19 Updates

Canada Emergency Business Account (CEBA) Application Form

The Canada Emergency Business Account (CEBA) program is available to businesses who meet the eligibility criteria set out below. Subject to the ongoing availability of government funding, up to $40,000 is available to businesses to help cover operating costs.

CEBA Loan Details

The CEBA program is available and delivered directly by Quinte First. Now accepting CEBA 3.0 applications.  

  • Interest rate at 0% until December 31, 2022.
  • No minimum monthly principal payments until December 31, 2022.
  • Loan forgiveness up to 25% of the initial loan amount, to a maximum of $10,000, provided balance is fully paid on or before December 31, 2022. 
  • If the loan cannot be repaid by December 31, 2022, it can be converted into a 3-year term loan at an interest rate of 5% per annum. 

Contact your Account Manager for application information OR for information on how to apply.

For additional information, visit the Government of Canada website.