Ask your bank how you can have access to the federal special funding for the COVID crisis.
The additional CEBA loan would effectively increase CEBA loans to $60,000 from $40,000 for eligible businesses, of which a total of $20,000 would be forgiven if the balance of the loan is repaid before December 31th, 2022. An attestation of the impact of COVID-19 on the business will be required to access additional financing.
