What is the CEBA loan?

The Canadian Emergency Business Account (CEBA) is a government relief program aimed at providing interest-free loans to Canadian small businesses to help cover operating costs during periods of reduced revenues due to the COVID-19 pandemic.

How do I apply for the CEBA loan?

Applications are typically made through your business’s primary financial institution, following specific application procedures for each bank or credit union.

How much can I borrow with the CEBA loan?

The CEBA loan initially allowed for loans of up to $40,000, later increased to $60,000.

Is there a deadline for applying for a CEBA loan?

Yes, there was an application deadline which is now closed.

How can I use the CEBA loan?

The CEBA loan is meant to cover non-deferrable expenses like rent, payroll, utilities, insurance, property tax, and regularly scheduled debt service.

If I have already repaid my CEBA loan, is it possible for me to borrow the repaid amount again?

The program was designed as a one-time, interest-free loan to help small businesses cover operating costs. Therefore, if you have already repaid your CEBA loan, you generally would not be able to re-borrow the repaid amount.

How long does it take to receive the CEBA loan after applying?

Processing times may vary but are typically a few weeks.

Who do I contact if I have questions about my CEBA loan?

You should contact your primary financial institution or visit the official CEBA website for the most current information.

What are the eligibility requirements for CEBA?

<span data-sheets-value="{"1":2,"2":"To be eligible for the Canadian Emergency Business Account (CEBA), applicants must adhere to one of two pathways:\n\nPayroll Stream: This is applicable for applicants who had employment income in the calendar year of 2019 between CAD $20,000 and CAD $1,500,000.\n\nNon-Deferrable Expense Stream: This pathway is for applicants who had CAD $20,000 or less in total employment income paid in the calendar year of 2019.\n\nIn addition to following one of these streams, all applicants must satisfy the following eligibility requirements:\n\nPossession of an active Canada Revenue Agency (CRA) Business Number (BN) registered on or before March 1, 2020.\nMaintenance of an active business checking/operating account with their lender at the time of application. Note: If the applicant does not currently have a business checking/operating account, they must establish one with their primary financial institution prior to submitting a CEBA application.\nThe applicant should not have availed themselves of the CEBA program previously and should not seek support from the program via any other financial institution.\nThe applicant must intend to continue operating their business or resume operations.\nFor applicants aligning with the Non-Deferrable Expenses Stream, additional criteria include:\n\nIncurring eligible non-deferrable expenses between CAD $40,000 and CAD $1,500,000. Such eligible non-deferrable expenses may encompass costs associated with rent, property taxes, utilities, and insurance. These expenses will be subject to verification and audit by the Government of Canada.\nThe applicant must have filed an income tax return with the CRA for a tax year ending in 2019 or, if the 2019 tax return has not been submitted, 2018."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">To be eligible for the Canadian Emergency Business Account (CEBA), applicants must adhere to one of two pathways: Payroll Stream: This is applicable for applicants who had employment income in the calendar year of 2019 between CAD $20,000 and CAD $1,500,000. Non-Deferrable Expense Stream: This pathway is for applicants who had CAD $20,000 or less in total employment income paid in the calendar year of 2019. In addition to following one of these streams, all applicants must satisfy the following eligibility requirements: Possession of an active Canada Revenue Agency (CRA) Business Number (BN) registered on or before March 1, 2020. Maintenance of an active business checking/operating account with their lender at the time of application. Note: If the applicant does not currently have a business checking/operating account, they must establish one with their primary financial institution prior to submitting a CEBA application. The applicant should not have availed themselves of the CEBA program previously and should not seek support from the program via any other financial institution. The applicant must intend to continue operating their business or resume operations. <span data-sheets-value="{"1":2,"2":"To be eligible for the Canadian Emergency Business Account (CEBA), applicants must adhere to one of two pathways:\n\nPayroll Stream: This is applicable for applicants who had employment income in the calendar year of 2019 between CAD $20,000 and CAD $1,500,000.\n\nNon-Deferrable Expense Stream: This pathway is for applicants who had CAD $20,000 or less in total employment income paid in the calendar year of 2019.\n\nIn addition to following one of these streams, all applicants must satisfy the following eligibility requirements:\n\nPossession of an active Canada Revenue Agency (CRA) Business Number (BN) registered on or before March 1, 2020.\nMaintenance of an active business checking/operating account with their lender at the time of application. Note: If the applicant does not currently have a business checking/operating account, they must establish one with their primary financial institution prior to submitting a CEBA application.\nThe applicant should not have availed themselves of the CEBA program previously and should not seek support from the program via any other financial institution.\nThe applicant must intend to continue operating their business or resume operations.\nFor applicants aligning with the Non-Deferrable Expenses Stream, additional criteria include:\n\nIncurring eligible non-deferrable expenses between CAD $40,000 and CAD $1,500,000. Such eligible non-deferrable expenses may encompass costs associated with rent, property taxes, utilities, and insurance. These expenses will be subject to verification and audit by the Government of Canada.\nThe applicant must have filed an income tax return with the CRA for a tax year ending in 2019 or, if the 2019 tax return has not been submitted, 2018."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">For applicants aligning with the Non-Deferrable Expenses Stream, additional criteria include: <span data-sheets-value="{"1":2,"2":"To be eligible for the Canadian Emergency Business Account (CEBA), applicants must adhere to one of two pathways:\n\nPayroll Stream: This is applicable for applicants who had employment income in the calendar year of 2019 between CAD $20,000 and CAD $1,500,000.\n\nNon-Deferrable Expense Stream: This pathway is for applicants who had CAD $20,000 or less in total employment income paid in the calendar year of 2019.\n\nIn addition to following one of these streams, all applicants must satisfy the following eligibility requirements:\n\nPossession of an active Canada Revenue Agency (CRA) Business Number (BN) registered on or before March 1, 2020.\nMaintenance of an active business checking/operating account with their lender at the time of application. Note: If the applicant does not currently have a business checking/operating account, they must establish one with their primary financial institution prior to submitting a CEBA application.\nThe applicant should not have availed themselves of the CEBA program previously and should not seek support from the program via any other financial institution.\nThe applicant must intend to continue operating their business or resume operations.\nFor applicants aligning with the Non-Deferrable Expenses Stream, additional criteria include:\n\nIncurring eligible non-deferrable expenses between CAD $40,000 and CAD $1,500,000. Such eligible non-deferrable expenses may encompass costs associated with rent, property taxes, utilities, and insurance. These expenses will be subject to verification and audit by the Government of Canada.\nThe applicant must have filed an income tax return with the CRA for a tax year ending in 2019 or, if the 2019 tax return has not been submitted, 2018."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Incurring eligible non-deferrable expenses between CAD $40,000 and CAD $1,500,000. Such eligible non-deferrable expenses may encompass costs associated with rent, property taxes, utilities, and insurance. These expenses will be subject to verification and audit by the Government of Canada. <span data-sheets-value="{"1":2,"2":"To be eligible for the Canadian Emergency Business Account (CEBA), applicants must adhere to one of two pathways:\n\nPayroll Stream: This is applicable for applicants who had employment income in the calendar year of 2019 between CAD $20,000 and CAD $1,500,000.\n\nNon-Deferrable Expense Stream: This pathway is for applicants who had CAD $20,000 or less in total employment income paid in the calendar year of 2019.\n\nIn addition to following one of these streams, all applicants must satisfy the following eligibility requirements:\n\nPossession of an active Canada Revenue Agency (CRA) Business Number (BN) registered on or before March 1, 2020.\nMaintenance of an active business checking/operating account with their lender at the time of application. Note: If the applicant does not currently have a business checking/operating account, they must establish one with their primary financial institution prior to submitting a CEBA application.\nThe applicant should not have availed themselves of the CEBA program previously and should not seek support from the program via any other financial institution.\nThe applicant must intend to continue operating their business or resume operations.\nFor applicants aligning with the Non-Deferrable Expenses Stream, additional criteria include:\n\nIncurring eligible non-deferrable expenses between CAD $40,000 and CAD $1,500,000. Such eligible non-deferrable expenses may encompass costs associated with rent, property taxes, utilities, and insurance. These expenses will be subject to verification and audit by the Government of Canada.\nThe applicant must have filed an income tax return with the CRA for a tax year ending in 2019 or, if the 2019 tax return has not been submitted, 2018."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">The applicant must have filed an income tax return with the CRA for a tax year ending in 2019 or, if the 2019 tax return has not been submitted, 2018.

Who is eligible for the CEBA loan?

Eligibility criteria may vary but generally, businesses must be based in Canada, have a federal tax registration, had a payroll within a certain range in the previous year, and have a business banking account.

Who is eligible to apply for the additional $20,000 expansion?

The eligibility to receive the additional $20,000 expansion under the Canadian Emergency Business Account (CEBA) is typically based on whether the applicant had previously received the initial $40,000 loan. Importantly, it is also governed by the application period deadline. Therefore, for businesses to have been eligible for this expansion, they would have needed to have completed and submitted their applications for this additional funding before June 30, 2021.

What is the latest date a business can be established by to be eligible for the CEBA loan application?

For businesses to qualify for the Canadian Emergency Business Account (CEBA) loan as per the last available information before my training cut-off in September 2021, they must have an active Canada Revenue Agency (CRA) Business Number (BN) registered on or before March 1, 2020.

Which legal entities qualify for the CEBA loan?

<span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to: <span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Corporations registered under the federal or a provincial act. <span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Sole proprietors. <span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Partnerships. <span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Not-for-profit organizations. <span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Charities. <span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Co-operatives. <span data-sheets-value="{"1":2,"2":"The Canadian Emergency Business Account (CEBA) is generally available to a wide range of business types that meet the eligibility criteria. These may include, but are not limited to:\n\nCorporations registered under the federal or a provincial act.\nSole proprietors.\nPartnerships.\nNot-for-profit organizations.\nCharities.\nCo-operatives.\nIndigenous groups running a business."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Indigenous groups running a business.

Can I apply for the CEBA loan if I have other government funding?

Yes, the CEBA loan can be used in conjunction with other COVID-19 relief measures, but the funds cannot be used for the same expenses. Businesses that have received support under the Regional Relief and Recovery Fund (RRRF) are not eligible for a $60,000 CEBA loan or $20,000 CEBA expansion.

Can I apply for a CEBA loan for each of my businesses?

Typically, you can only apply for one CEBA loan for each business number (BN) you have.

Can charities or non-profit organizations apply for a CEBA loan?

Yes, eligible charities and non-profit organizations could apply for the CEBA loan.

What do I do if my CEBA loan application was declined?

You may be able to appeal the decision or provide additional information. Contact your bank or the CEBA call center for more guidance.

Is the CEBA loan taxable?

The loan itself is not taxable, but if a portion of the loan is forgiven, that amount is considered taxable income.

How can I repay my loan?

<span data-sheets-value="{"1":2,"2":"Repayment of your Canadian Emergency Business Account (CEBA) loan can usually be done through your financial institution where you initially received the loan. The process typically involves the following steps:\r\n\r\n1. Contact your financial institution: Reach out to your bank or credit union where you got the CEBA loan. Each institution may have its own repayment procedures, so it's important to confirm the details with them.\r\n\r\n2. Request a loan repayment: Let your financial institution know that you want to repay your CEBA loan. They will guide you through their specific repayment process.\r\n\r\n3. Repay the loan: Once you understand the repayment process, you can proceed with repayment. This usually involves transferring funds from your business account to pay off the loan balance.\r\n\r\n4. Confirm repayment: After you've repaid the loan, it's a good idea to confirm that your financial institution has received the payment and applied it to your loan balance.\r\n\r\nRemember, if your loan is fully repaid by the forgiveness date up to $20,000 of the loan will be forgiven.\r\n\r\nAlways consult with your financial institution or check the most recent guidelines provided by official government sources for the most accurate and current information."}" data-sheets-userformat="{"2":33563393,"3":{"1":0},"11":4,"12":0,"16":11,"28":1}">Repayment of your Canadian Emergency Business Account (CEBA) loan can usually be done through your financial institution where you initially received the loan. The process typically involves the following steps: Contact your financial institution: Reach out to your bank or credit union where you got the CEBA loan. Each institution may have its own repayment procedures, so it’s important to confirm the details with them. Request a loan repayment: Let your financial institution know that you want to repay your CEBA loan. They will guide you through their specific repayment process. Repay the loan: Once you understand the repayment process, you can proceed with repayment. This usually involves transferring funds from your business account to pay off the loan balance. Confirm repayment: After you’ve repaid the loan, it’s a good idea to confirm that your financial institution has received the payment and applied it to your loan balance. Remember, if your loan is fully repaid by the forgiveness date up to $20,000 of the loan will be forgiven. Always consult with your financial institution or check the most recent guidelines provided by official government sources for the most accurate and current information.

Whom should I reach out to if I need further clarification on my CEBA loan repayment obligations?

If you have any questions or need further clarification regarding your Canadian Emergency Business Account (CEBA) loan repayment obligations, you should contact your financial institution where you initially received the loan. They have access to your specific loan details and should be able to guide you through your repayment requirements. Additionally, for general information or questions about the CEBA program, you can visit the CEBA website or contact the CEBA Call Centre at 1-888-324-4201.

How much of my CEBA loan do I have to repay?

Under the terms of the Canadian Emergency Business Account (CEBA) program, you are expected to repay the full amount of the loan. However, if the loan is repaid by January 18, 2024, a portion of it is forgiven. For a $40,000 CEBA loan, if $30,000 is repaid by the deadline, $10,000 (or 25% of the loan) will be forgiven. For a $60,000 CEBA loan, if $40,000 is repaid by the deadline, $20,000 (or 33% of the loan) will be forgiven. If you do not meet the repayment deadline, you will be required to repay the full amount of the loan plus any accrued interest.

If a portion of my CEBA loan is forgiven, will I need to report it on my income tax?

Under Canadian tax law, a forgiven loan generally constitutes income that must be reported on your income tax filing. Therefore, if a portion of your CEBA loan is forgiven, it is likely that you would need to report it as income. As for when to report it, this would generally be during the tax year in which the loan is forgiven. For example, if your loan is forgiven in 2023, you would report the forgiven amount on your income tax filing for the 2023 tax year, which you would typically file in early 2024. However, tax laws can be complex and may change, and there may be exceptions or special provisions applicable to the CEBA program. You should always consult with a tax professional or refer to the most recent guidelines provided by the Canada Revenue Agency and other official government sources for the most accurate and current information.

Are any refinancing offerings affiliated with the CEBA Program?

No. The Canadian Emergency Business Account (CEBA) program, as outlined by the Government of Canada, did not include any specific refinancing offerings. CEBA was designed as an interest-free loan program to provide immediate relief for small businesses and not-for-profits experiencing temporary revenue reductions. The program provided a certain amount of the loan as a non-repayable grant if the balance of the loan was repaid by a specific date. However, this does not constitute a refinancing offer, but rather an incentive for timely repayment.

If I pay off the loan early, will I still receive loan forgiveness?

Yes, provided you pay off the loan by the forgiveness deadline, you would still be eligible for loan forgiveness.

What happens if I can't repay the CEBA loan by the maturity date?

After the maturity date, any remaining balance on the loan starts accruing interest at a rate set by your financial institution.

If I'm planning to close my business, am I still obligated to repay the funds borrowed through the CEBA loan?

If your business is closing, you are typically still responsible for repaying your Canadian Emergency Business Account (CEBA) loan. The loan is not forgiven upon the closure of a business. However, in the event of a business closure or bankruptcy, the conditions for the repayment of the loan, including the timing and interest, may be subject to specific legal provisions, bankruptcy laws, and the terms of the CEBA loan agreement. This is a complex situation, and it’s important to consult with a financial advisor or legal professional who is familiar with these matters.

FAQ

Général

Qu'est-ce que le prêt CEBA ?

Le Compte d'urgence pour les entreprises canadiennes (CUEC) est un programme d'aide gouvernementale visant à fournir des prêts sans intérêt aux petites entreprises canadiennes pour aider à couvrir les coûts d'exploitation pendant les périodes de baisse des revenus en raison de la pandémie de COVID-19.

Comment puis-je demander le prêt CEBA?

Les demandes sont généralement faites par l'intermédiaire de l'institution financière principale de votre entreprise, en suivant des procédures de demande spécifiques pour chaque banque ou coopérative de crédit.

Combien puis-je emprunter avec le prêt CEBA ?

Le prêt CEBA permettait initialement des prêts allant jusqu'à $40 000, puis portés à $60 000.

Y a-t-il une date limite pour demander un prêt CEBA?

Oui, il y avait une date limite de candidature qui est maintenant fermée.

Comment puis-je utiliser le prêt CEBA ?

Le prêt CEBA est destiné à couvrir les dépenses non reportables telles que le loyer, la masse salariale, les services publics, l'assurance, l'impôt foncier et le service de la dette régulièrement programmé.

Si j'ai déjà remboursé mon prêt CEBA, est-il possible pour moi d'emprunter à nouveau le montant remboursé ?

Le programme a été conçu comme un prêt unique sans intérêt pour aider les petites entreprises à couvrir leurs frais d'exploitation. Par conséquent, si vous avez déjà remboursé votre prêt CUEC, vous ne pourrez généralement pas réemprunter le montant remboursé.

Combien de temps faut-il pour recevoir le prêt CEBA après la demande ?

Les délais de traitement peuvent varier mais sont généralement de quelques semaines.

Qui dois-je contacter si j'ai des questions sur mon prêt CUEC ?

Vous devez contacter votre institution financière principale ou visiter le site Web officiel du CEBA pour obtenir les informations les plus récentes.

Admissibilité

Quelles sont les conditions d'éligibilité au CEBA ?

Pour être admissible au Compte d'urgence pour les entreprises canadiennes (CUEC), les candidats doivent suivre l'une des deux voies suivantes :

Flux de paie : Cela s'applique aux demandeurs qui avaient des revenus d'emploi au cours de l'année civile 2019 entre $20 000 CAD et $1 500 000 CAD.
Flux de dépenses non reportables : Cette voie est destinée aux candidats qui avaient un revenu d'emploi total de $20 000 CAD ou moins payé au cours de l'année civile 2019.

En plus de suivre l'un de ces volets, tous les candidats doivent satisfaire aux critères d'admissibilité suivants :

Possession d'un numéro d'entreprise (NE) actif de l'Agence du revenu du Canada (ARC) enregistré au plus tard le 1 mars 2020.
Maintien d'un compte courant / d'exploitation d'entreprise actif auprès de leur prêteur au moment de la demande. Remarque : Si le demandeur n'a pas actuellement de compte courant/opérationnel d'entreprise, il doit en créer un auprès de son institution financière principale avant de soumettre une demande de CUEC.
Le candidat ne doit pas s'être prévalu du programme CEBA auparavant et ne doit pas solliciter le soutien du programme via une autre institution financière.
Le demandeur doit avoir l'intention de continuer à exploiter son entreprise ou de reprendre ses activités.

Pour les candidats qui s'alignent sur le volet des dépenses non reportables, les critères supplémentaires comprennent :

Engager des dépenses non reportables éligibles entre $40 000 CAD et $1 500 000 CAD. Ces dépenses non reportables admissibles peuvent englober les coûts associés au loyer, aux impôts fonciers, aux services publics et aux assurances. Ces dépenses feront l'objet d'une vérification et d'un audit par le gouvernement du Canada.
Le demandeur doit avoir produit une déclaration de revenus auprès de l'ARC pour une année d'imposition se terminant en 2019 ou, si la déclaration de revenus de 2019 n'a pas été soumise, 2018.

Qui est éligible au prêt CEBA ?

Les critères d'admissibilité peuvent varier, mais en général, les entreprises doivent être basées au Canada, avoir un enregistrement fiscal fédéral, avoir une masse salariale dans une certaine fourchette l'année précédente et avoir un compte bancaire d'entreprise.

Qui est éligible pour postuler à l'extension supplémentaire $20 000 ?

L'admissibilité à recevoir l'expansion supplémentaire de $20 000 dans le cadre du Compte d'urgence pour les entreprises canadiennes (CEBA) dépend généralement du fait que le demandeur ait déjà reçu le prêt initial de $40 000. Surtout, il est également régi par la date limite de la période de candidature. Par conséquent, pour que les entreprises soient éligibles à cette expansion, elles auraient dû remplir et soumettre leurs demandes pour ce financement supplémentaire avant le 30 juin 2021.

Quelle est la date limite à laquelle une entreprise peut être créée pour être éligible à la demande de prêt CUEC ?

Pour que les entreprises soient admissibles au prêt du compte d'entreprise d'urgence canadien (CEBA) selon les dernières informations disponibles avant la fin de ma formation en septembre 2021, elles doivent avoir un numéro d'entreprise (NE) actif de l'Agence du revenu du Canada (ARC) enregistré le ou avant 1 mars 2020.

Quelles sont les personnes morales éligibles au prêt CEBA ?

Le Compte d'urgence pour les entreprises canadiennes (CUEC) est généralement disponible pour un large éventail de types d'entreprises qui répondent aux critères d'admissibilité. Ceux-ci peuvent inclure, mais ne sont pas limités à :

Sociétés enregistrées en vertu d'une loi fédérale ou provinciale.
Propriétaires uniques.
Partenariats.
Organisations à but non lucratif.
Les organismes de bienfaisance.
Coopératives.
Groupes autochtones gérant une entreprise.

Puis-je demander le prêt CEBA si j'ai un autre financement gouvernemental?

Oui, le prêt CEBA peut être utilisé en conjonction avec d'autres mesures d'aide COVID-19, mais les fonds ne peuvent pas être utilisés pour les mêmes dépenses. Les entreprises qui ont reçu un soutien dans le cadre du Fonds d'aide et de relance régional (FARR) ne sont pas éligibles à un prêt CEBA $60,000 ou à une extension CEBA $20,000.

Puis-je demander un prêt CEBA pour chacune de mes entreprises ?

En règle générale, vous ne pouvez demander qu'un seul prêt CUEC pour chaque numéro d'entreprise (NE) que vous avez.

Les organismes de bienfaisance ou les organisations à but non lucratif peuvent-ils demander un prêt CUEC ?

Oui, les organismes de bienfaisance et les organisations à but non lucratif éligibles pourraient demander le prêt CUEC.

Que dois-je faire si ma demande de prêt CEBA a été refusée ?

Vous pouvez peut-être faire appel de la décision ou fournir des informations supplémentaires. Contactez votre banque ou le centre d'appel CEBA pour plus d'informations.

Financier

Le prêt CEBA est-il imposable?

Le prêt lui-même n'est pas imposable, mais si une partie du prêt est annulée, ce montant est considéré comme un revenu imposable.

Quel est le taux d'intérêt du prêt CEBA ?

The CEBA loan is interest-free until January 18, 2024. If not repaid by January 18, 2024 and a loan application with your financial institution has not been submitted, an interest rate of 5% per year is payable monthly through to December 31, 2026.

Remboursement

Comment puis-je rembourser mon prêt ?

Le remboursement de votre prêt au Compte d'urgence pour les entreprises canadiennes (CUEC) peut généralement être effectué par l'intermédiaire de votre institution financière où vous avez initialement reçu le prêt. Le processus comprend généralement les étapes suivantes :

Contactez votre institution financière : Contactez votre banque ou caisse populaire auprès de laquelle vous avez obtenu le prêt CUEC. Chaque institution peut avoir ses propres procédures de remboursement, il est donc important de confirmer les détails avec eux.
Demander un remboursement de prêt : Informez votre institution financière que vous souhaitez rembourser votre prêt CUEC. Ils vous guideront tout au long de leur processus de remboursement spécifique.
Rembourser le prêt : Une fois que vous avez compris le processus de remboursement, vous pouvez procéder au remboursement. Cela implique généralement de transférer des fonds de votre compte professionnel pour rembourser le solde du prêt.
Confirmer le remboursement : Une fois que vous avez remboursé le prêt, c'est une bonne idée de confirmer que votre institution financière a reçu le paiement et l'a appliqué au solde de votre prêt.

N'oubliez pas que si votre prêt est entièrement remboursé à la date de remise, jusqu'à $, 20 000 du prêt seront remis.

Consultez toujours votre institution financière ou consultez les directives les plus récentes fournies par des sources gouvernementales officielles pour obtenir les informations les plus précises et les plus récentes.

Le prêt CEBA doit-il être remboursé?

Yes, but if the loan is repaid by January 18, 2024 (originally the end of 2022), up to $10,000 for a $40,00 loan and to $20,000 for a $60,000 loan will be forgiven.

À qui dois-je m'adresser si j'ai besoin de plus de précisions sur mes obligations de remboursement de prêt CUEC ?

Si vous avez des questions ou avez besoin de précisions concernant vos obligations de remboursement de prêt du Compte d'urgence pour les entreprises canadiennes (CUEC), vous devez contacter l'institution financière où vous avez initialement reçu le prêt. Ils ont accès aux détails spécifiques de votre prêt et devraient être en mesure de vous guider dans vos exigences de remboursement.

De plus, pour des informations générales ou des questions sur le programme CEBA, vous pouvez visiter le site Web du CEBA ou contacter le centre d'appels du CEBA au 1-888-324-4201.

Quel montant de mon prêt CEBA dois-je rembourser?

Under the terms of the Canadian Emergency Business Account (CEBA) program, you are expected to repay the full amount of the loan. However, if the loan is repaid by January 18, 2024, a portion of it is forgiven.

Pour un prêt CEBA $40 000, si $30 000 est remboursé à l'échéance, $10 000 (soit 25% du prêt) seront remisés.

Pour un prêt CEBA $60 000, si $40 000 est remboursé à l'échéance, $20 000 (soit 33% du prêt) seront annulés.

Si vous ne respectez pas le délai de remboursement, vous devrez rembourser le montant total du prêt plus les intérêts courus.

Que se passe-t-il si je ne peux pas rembourser mon prêt dans les délais prévus dans mes conditions de remboursement ?

Si le prêt du Compte d'urgence pour les entreprises canadiennes (CUEC) n'est pas remboursé dans les délais prévus dans vos conditions de remboursement, les événements suivants peuvent se produire :

Loss of Forgiveness Benefit: Initially, CEBA loans have up to a $20,000 forgiveness benefit if repaid by January 18, 2024. If you don’t meet this deadline, you will lose this forgiveness benefit.

Interest Accrual: The CEBA loans are interest-free until December January 18, 2024. If the loan isn’t repaid by the deadline, interest starts accruing at 5% per year on the outstanding balance. The loan principal is payable by December 31, 2026.

Collections Process: If you can’t repay your CEBA loan, the government has announced that the Canada Revenue Agency (CRA) will be responsible for managing delinquent loans. This could involve entering a collections process and could potentially impact your credit score.

Si vous n'êtes pas en mesure de rembourser votre prêt CUEC avant la date limite, il est préférable de contacter votre institution financière dès que possible. Ils pourraient être en mesure de fournir des conseils ou des options adaptées à votre situation.

Si une partie de mon prêt CUEC est annulée, devrai-je le déclarer sur mon impôt sur le revenu ?

En vertu de la législation fiscale canadienne, un prêt annulé constitue généralement un revenu qui doit être déclaré dans votre déclaration de revenus. Par conséquent, si une partie de votre prêt CUEC est annulée, il est probable que vous deviez le déclarer comme revenu.

Quant à savoir quand le déclarer, ce serait généralement au cours de l'année d'imposition au cours de laquelle le prêt est annulé. Par exemple, si votre prêt est annulé en 2023, vous déclarerez le montant annulé sur votre déclaration de revenus pour l'année d'imposition 2023, que vous déposerez généralement au début de 2024.

Cependant, les lois fiscales peuvent être complexes et peuvent changer, et il peut y avoir des exceptions ou des dispositions spéciales applicables au programme CUEC. Vous devriez toujours consulter un fiscaliste ou vous référer aux lignes directrices les plus récentes fournies par l'Agence du revenu du Canada et d'autres sources gouvernementales officielles pour obtenir les renseignements les plus exacts et les plus à jour.

Existe-t-il des offres de refinancement affiliées au programme CEBA ?

Non. Le programme du Compte d'urgence pour les entreprises canadiennes (CUEC), tel que décrit par le gouvernement du Canada, ne comprenait aucune offre de refinancement spécifique. Le CUEC a été conçu comme un programme de prêt sans intérêt pour apporter un soulagement immédiat aux petites entreprises et aux organismes sans but lucratif qui connaissent des réductions temporaires de revenus.

Le programme accordait un certain montant du prêt sous forme de subvention non remboursable si le solde du prêt était remboursé à une date précise. Cependant, cela ne constitue pas une offre de refinancement, mais plutôt une incitation à rembourser dans les délais.

Quelles sont les conditions que je dois remplir pour bénéficier d'une remise de prêt dans le cadre du programme CEBA ?

The non-forgivable portion of the loan must be repaid by January 18, 2024 to qualify for the forgiveness benefit.

However, if a loan application is made with the financial institution holding the CEBA loan, an extension to March 31, 2024 will be granted.

Quelle est la date d'échéance du prêt CEBA?

The original maturity date was December 31, 2022 to qualify for the forgiveness and the loan maturity date was December 31, 2025. However, now the maturity date to qualify for the forgiveness is January 18, 2024 and the loan maturity date has changed to December 31, 2026.

Si je rembourse le prêt par anticipation, recevrai-je quand même une remise de prêt ?

Oui, à condition que vous remboursiez le prêt avant la date limite de remise, vous seriez toujours éligible à la remise de prêt.

Que se passe-t-il si je ne peux pas rembourser le prêt CUEC à la date d'échéance ?

Après la date d'échéance, tout solde restant sur le prêt commence à produire des intérêts à un taux fixé par votre institution financière.

Si je prévois de fermer mon entreprise, suis-je toujours obligé de rembourser les fonds empruntés grâce au prêt CUEC ?

Si votre entreprise ferme ses portes, vous êtes généralement toujours responsable du remboursement de votre prêt du Compte d'urgence pour les entreprises canadiennes (CUEC). Le prêt n'est pas annulé lors de la fermeture d'une entreprise.

Cependant, en cas de fermeture d'entreprise ou de faillite, les conditions de remboursement du prêt, y compris le calendrier et les intérêts, peuvent être soumises à des dispositions légales spécifiques, aux lois sur la faillite et aux termes du contrat de prêt CEBA.

Il s'agit d'une situation complexe et il est important de consulter un conseiller financier ou un professionnel du droit qui connaît bien ces questions.

Si vous avez des questions supplémentaires, veuillez cliquer sur le chat pour nous parler.

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