The Canada Emergency Business Account (CEBA) is an initiative of the Government of Canada. The official Government website is ceba-cuec.ca
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Ukrainian Credit Union
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, Ukrainian Credit Union will consider extending a business loan to customers that meet their credit criteria.
If you do not qualify for financing and still would like to take advantage of the loan forgiveness of up to $20,000, click here to understand your options.
How to Repay
If the outstanding principal, other than the amount of potential debt forgiveness, is repaid by December 31, 2023, the remaining principal amount will be forgiven, provided that no default under the Loan has occurred. The deadline has been extended from December 31, 2022 to December 31, 2023 by the federal government.
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