CEBA information

Canada Emergency Business Account (CEBA) Application Form

The Canada Emergency Business Account (CEBA) program is available to businesses that meet the eligibility criteria set out below. Subject to the ongoing availability of government funding, up to $40,000
is available to businesses to help cover operating costs.


  • 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.
  • the outstanding principal of the loan must be fully repaid by December 31, 2025.
  • Kingston Community Credit Union will not process any repayment of CEBA loans until January 1, 2021.


Your Canadian business must be an existing and active member of Kingston Community Credit Union as, at March 1, 2020, which:
is not a union, charitable, religious, or fraternal organization or entity owned by such an organization. If it is, it must be a registered T2 or T3010 corporation that generates a portion of its revenue from the sales of goods or services;

  • has a business chequing/operating account with Kingston Community Credit Union, and this account was opened on or prior to March 1, 2020, and was not in arrears on existing borrowing facilities, if applicable, with Kingston Community Credit Union by 90 days or more as at March 1, 2020;
  • has a Federal tax registration;
  • has a 15 digit Canada Revenue Agency Business Payroll Number (BN), as reported at the top of its 2019 T4 Summary of Remuneration Paid (T4SUM);
  • has a total employment income paid in the 2019 calendar year between Cdn. $20,000 and Cdn. $1,500,000, as reported in Box 14 of its 2019 T4SUM; and (i) has not previously used CEBA in connection with any credit facility established with the Borrower and (ii) has not previously used CEBA, and is not applying, and will not apply, for support under CEBA at any other financial institution.


Our application process includes a Government of Canada attestation questionnaire which, per the requirements of the CEBA Program as set out by the Government of Canada, asks you to confirm that: 

  • You are not applying for this loan at any other financial institution;
  • Your organization is not a government organization or body, or an entity owned by a government organization or body;
  • Your organization is not a union, charitable, religious, or fraternal organization or an entity owned by such an organization. If it is, it is a registered T2 or T3010 corporation that generates a portion of its revenue from the sales of goods or services;
  • Your organization is not an entity owned by individual(s) holding political office; and
  • Your organization does not promote violence, incite hatred or discriminate on the basis of sex, gender, sexual orientation, race, ethnicity, religion, culture, region, education, age, or mental or physical disability.CEBA on MD

LOG INTO YOUR ONLINE BANKING (MemberDirect) - Go to  <<Account Services>> on the left pane under <<My Accounts>>, fill out and submit the CEBA attestation form.   See screenshot  >>>>>>>>

If you do not have access to online banking, please email and we will get right back to you with the application.

Once Kingston Community 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 Kingston Community Credit Union Commercial Account Manager at

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 Kingston Community 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‚Äôs 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 Kingston Community 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:


Please have the following information handy when completing the application form:

  • The name of your business and your operating account number
  • Your phone number and email address 
  • Your employer account number, as reported at the top of the 2019 T4 Summary 
  • Your employment income reported in Box 14 of your 2019 T4 
  • the 2019 T4SUM when requested upon audit 

Please be aware there are severe penalties for making false statements and the information provided will be audited by the government and the CRA (Revenue Canada).