Canada Emergency Business Account (CEBA) Application Form

CEBA 4.0 – Updated October 28

The Government of Canada is providing continued support to small business owners and entrepreneurs to help them adapt and position their businesses for recovery. CEBA is part of their economic response plan to help businesses keep their doors open, keep their employees on payroll, protect the jobs that Canadians depend on, and recover quickly when the time comes.

Kawartha is pleased to make CEBA 4.0 available to our Commercial members. This form will allow businesses who are operating from a personal account to access the program.

CEBA Eligibility Criteria

The Federal Government recently expanded the CEBA eligibility criteria. Kawartha’s business members may be eligible if they have:

Ceba 1.0

  • a payroll over $20,000
  • a business operating account at Kawartha Credit Union; 
  • a Canada Revenue Agency business number;
Ceba 2.0

  • a payroll less than $20,000
  • a business operating account at Kawartha Credit Union; 
  • a Canada Revenue Agency business number;
  • filed a 2018 or 2019 tax return; and 
  • eligible non-deferrable expenses (such as rent, property taxes, utilities, and insurance) between $40,000 and $1.5 million.
  • been operating as a business as of March 1, 2020, must successfully open a business account at Kawartha, and meet the other existing CEBA eligibility criteria.
  • An active Canada Revenue Agency (CRA) business number with an effective date of registration on or prior to March 1, 2020; 
Ceba 4.0

  • if you operate your business through a personal account, you must have fully opened a business account (with all required documentation) to apply for the CEBA funding.
and either:

  • meet the payroll eligibility criteria; or
  • demonstrate a minimum of $40,000 in eligible non-deferrable expenses, and have filed a 2018 or 2019 tax return
  • To assess their eligibility for CEBA, applicants can use the pre-screening tool on the CEBA website. To apply for CEBA, members should contact their Kawartha and provide the appropriate information and documentation. Applicants may contact the CEBA Call Centre at 1-888-324-4201 to receive a status update on a completed application between Monday to Friday from 8 a.m. to 9 p.m. EST
Visit our updated CEBA page for information on small business opportunities.

The deadline to apply for CEBA 4.0 is December 31, 2020.

Associated links


Our application process is simple and easy. It includes an attestation questionnaire which requires you to confirm that:

  1. You are not a government organization or body, or an entity wholly owned by a government organization or body;
  2.  You are not a non-profit organization, registered charity, union, or a fraternal benefit society or order, or an entity owned by such an organization, unless the entity is actively carrying on a business in Canada (including a related business in the case of a registered charity) that earns revenue from the regular supply of property/goods or services;
  3. You are not an entity owned by any Federal Member of Parliament or Senator;
  4. Your business does not promote violence, incite hatred or discriminate based on sex, gender identity or expression, sexual orientation, colour, race, ethnic or national origin, religion, age, or mental or physical disability, contrary to applicable laws.
Once Kawartha Credit Union receives your application, you will be contacted by a Commercial Services Representative within two business days. When your application has been verified, it will take approximately 5 business days to receive funds.

If you have any questions, please email your Kawartha Credit Union Commercial Account Manager at

Coming soon

On October 9, 2020 the government announced that it is working with Export Development Canada (EDC) and financial institutions to expand the CEBA program by providing an additional interest-free CEBA loan amount of $20,000, of which up to half will be forgivable if the balance of the loan is paid by December 31, 2022.

The government is currently developing a website that will enable you to pre-screen your eligibility for an additional $20,000 before applying. Please monitor our website for updates on the availability of this feature.

CEBA provides zero-interest loans up to $40,000 to small business and non-profit organizations that have experienced diminished revenues due to COVID-19 but face ongoing non-deferrable costs, such as rent, utilities, insurance, taxes and wages. Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent (up to $10,000).

Since its launch, the government has made modifications to CEBA to help even more small businesses, including:

  • increasing the payroll eligibility range from between $50,000 and $1.0 million to between $20,000 and $1.5 million;
  • making CEBA available to owner-operated small businesses that do not have a payroll, sole proprietors receiving business income directly, as well as family-owned corporations remunerating in the form of dividends rather than payroll. 


  • a loan of up to $40,000 interest-free government guaranteed to help you pay for operating costs that you are not able to defer as a result of COVID-19. The loan will be interest free until December 31, 2022.
  • up to $10,000 (25%) of the $40,000 loan is eligible for complete forgiveness if $30,000 is fully repaid on or before December 31, 2022.
  • if the loan is not repaid by December 31, 2022, it will be converted into a 3-year term loan, bearing an interest rate of 5% per annum.
  • outstanding principal of the loan must be fully repaid by December 31, 2025.
  • Kawartha Credit Union will not process any repayment of CEBA loans until January 1, 2021.

Frequently Asked Questions About CEBA

Q: Can I enroll at more than one financial institution? I am a sole proprietor and I only have a Kawartha Credit Union personal chequing account.

A: No. Businesses must enroll for the Canada Emergency Business Account at their primary financial institution where they have an existing business banking account, and they cannot apply at more than one financial institution. The Canada Emergency Business Account is only available to businesses registered on or before March 1, 2020. Further information is available at the Government of Canada’s COVID-19 Economic Response Plan site: (

Q: If I have accounts at multiple financial institutions, how do I determine where to apply?

A: Your primary financial institution is the one where your business does the majority of its day-to-day banking, including employee payroll, supplier payments, and collection of receivables. If you do not use your Kawartha Credit Union account for these functions, you need to apply at the financial institution where this business account is held.

Q: My business requires the consent of more than one director or officer to bind my organization. Can I still apply?

A: Yes. Please note the program does allow your business to complete the agreement with the consent and attestation of only one signing officer who has the authority to bind the organization.

Q: If I am currently benefiting from other government COVID-relief offerings can I apply for the CEBA?

A: Yes, businesses may apply for other programs providing they meet qualifications.

Q: What if I have multiple businesses? Can I enroll under each business for CEBA?

A: Each business entity may enroll for CEBA, providing that they individually meet the eligibility criteria. You will need to complete an application for each business.

Q: Who do I contact if I do not qualify for the loan?

A: Export Development Canada is the administrator of the government's ( website.

For more information please email: