For status updates on previously submitted CEBA applications, contact the Government of Canada’s CEBA Call Centre at 1-888-324-4201 Opens your phone app. or visit the CEBA application status website Opens in new window..

Canada Emergency Business Account

What’s next?

Anticipating your application decision

Understanding the loan grace period

Taking advantage of loan forgiveness1

The next 5 years of your CEBA loan

Phase 1.

Before December 31, 2022

Phase 2.

December 31, 2022

Phase 3.

January 1, 2023

Phase 4.

December 31, 2025

CEBA loan at a glance

Loan amount

Loan terms prior to December 31, 2022

Interest rate


Principal payments

Not required


Loan terms after January 1, 2023


Interest rate



Repayments prior to December 31, 2022

Repayments after January 1, 2023