What’s next for your CEBA government loan?

Understanding the loan grace period

Taking advantage of partial loan forgiveness1

The next few years of your CEBA loan

Phase 1.

By January 18, 2024

Phase 2.

January 19, 2024

Phase 3.

March 28, 2024

Phase 4.

December 31, 2026

CEBA loan at a glance

Loan amount

Loan terms prior to January 18, 2024

Interest rate

0%

Principal payments

Not required

Forgiveness1

Loan terms after January 19, 2024

Term

Interest rate

Repayments

 

Repayments by January 18, 2024 or by March 28, 2024 for those that applied for financing 

Repayments after January 19, 2024

CEBA FAQ

Loan details