Canada Emergency Business Account (CEBA)

The final maturity date for unpaid CEBA loan balances is now December 31, 2026.

Learn more under FAQ

Note: If the Government of Canada has deemed you ineligible for partial loan forgiveness, the CEBA loan repayment date was December 31, 2023. If you have questions about why your business didn’t meet the eligibility criteria for the CEBA loan, please contact the CEBA Call Centre at 1-888-324-4201 Opens your phone app..

The content below only applies to businesses whose loans were converted to a 3-year Government loan due on December 31, 2026.

Below is a summary of the CEBA Government Loan program. For additional information, visit the Government of Canada’s CEBA Program page Opens in a new window..

CEBA loan at a glance

Loan amount

$40,000 or $60,000 or your outstanding CEBA loan balance

Term

3-year term loan

Interest rate

5% fixed per year

Repayments

The outstanding balance and interest due must be repaid in full by December 31, 2026.

You may repay the term loan in part or in full at any time before December 31, 2026 without any early repayment penalty.

You can check your CEBA loan balance in CIBC Online Banking Opens in a new window..

You can also make payments on your CEBA loan through CIBC Online Banking Opens in a new window.. Alternatively, you can make payments by speaking with an advisor at any CIBC Banking Centre Opens in a new window..

CEBA FAQ

Loan details

How can I make a payment to the CEBA loan?

Is the CEBA loan taxable?

Can I view my CEBA balance online?