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CEBA loan eligibility now expanded

The expanded Canada Emergency Business Account (CEBA) is now open for applications. This means that more small businesses can access it.

As of June 26, 2020, businesses eligible for CEBA now include

  • owner-operated small businesses that do not have a payroll,
  • sole proprietors receiving business income directly
  • family-owned corporations remunerating in the form of dividends rather than payroll.

Applicants will have to demonstrate having eligible non-deferrable expenses between Cdn. $40,000 and Cdn. $1,500,000 in 2020.

The expanded CEBA is being made available gradually by more than 230 financial institutions across the country, starting with the larger banks.  Other participating financial institutions will start offering the program over the coming weeks.

The Government of Canada launched CEBA to ensure that small businesses have access to the capital they need to see them through the current challenges, and better position them to quickly return to providing services to their communities and creating employment.

This $55 billion program, implemented by eligible financial institutions in cooperation with Export Development Canada (EDC), provides interest-free loans of up to $40,000 to small businesses and not-for-profits.

Repaying the balance of the loan on or before December 31, 2022 will result in loan forgiveness of 25 percent (up to $10,000).

Get more information at ceba-cuec.ca

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St. John Ambulance - Discount on training
Jesan Property Maintenance - SAVE 10%
RBC - Save on Bank charges
Quinte Siding - 10% OFF
Shoppers Drug Mart - Save 20% on Thursdays
NRG Alternatives - 10% Discount
Superior Propane - Save 5% on fixed price propane
OSM Website design - SAVE on services.
Grand & Toy - Members can save up to 85%
Allen Insurance - Exclusive Chamber Member Rates
Be Prepared First Aid Traning - 15% off
Parsons Cleaners Member offer - 10% OFF
Stirling Festival Theatre - Group Discounts available to members
Belleville & District Shrine Club
Group Benefit Plan for Chamber Members
Esso Chamber
Belleville & District Shrine Club
Grand & Toy - Members can save up to 85%
Be Prepared First Aid Traning - 15% off
Constant Contact Chamber Member Offer
Shoppers Drug Mart - Save 20% on Thursdays
Body Systems Nutrition - 15% OFF purchases.
Dinkles & Paulos Restaurants - 10% OFF
RBC - Save on Bank charges
Superior Propane - Save 5% on fixed price propane
OSM Website design - SAVE on services.
Cloud Bookkeeping Services - 10% OFF
Papa Johns Pizza Member Offer- 25% off
Group Benefit Plan for Chamber Members
Allen Insurance - Exclusive Chamber Member Rates
St. John Ambulance - Discount on training
Stirling Festival Theatre - Group Discounts available to members
NRG Alternatives - 10% Discount
Parsons Cleaners Member offer - 10% OFF
Quinte Siding - 10% OFF
Esso Chamber
Jesan Property Maintenance - SAVE 10%