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The Canada Emergency Business Account (CEBA) is an initiative of the Government of Canada.  The official Government website is

Buduchnist Credit Union

Buduchnist Credit Union
CEBA Refinancing Good Meter

The Refinace Meter shows how likely you are to receive a loan from this financial institution.  It assumes that you don’t have the money to repay the loan and have an average credit score.

If you don't have the funds to repay the CEBA loan by January 18,2024, to qualify for the loan forgiveness, Buduchnist Credit Union will consider extending a business loan to customers that meet their credit criteria.

How to Repay

If the loan balance is repaid by the borrower on or before December 31, 2023, $10,000 of the original $40,000 loan will be forgiven. Half of the additional $20,000 financing will also be forgivable if repaid by December 31, 2023. Please be advised that the repayment deadline for eligible CEBA loan holders in good standing to qualify for partial loan forgiveness is being extended from December 31, 2022, to December 31, 2023. For more detailed information, please contact your local BCU Financial Branch.


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