Male business owner reviewing receipts.

CEBA Loan Program

Supporting our business members through challenging times.
Male business owner reviewing receipts.

CEBA Loan Program

Supporting our business members through challenging times.

What is the CEBA Loan Program?

The Canada Emergency Business Account (CEBA) is part of the Government of Canada’s COVID-19 Economic Response Plan. The program provides interest-free, partially forgivable, loans of up to $60,000 to small businesses and not-for-profits that have experienced diminished revenues due to COVID-19 but face ongoing non-deferrable costs such as rent, utilities, insurance, taxes and wages.

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Apply Now Through Online Banking

CEBA Applications have been extended to June 30, 2021.

Business members can easily apply for CEBA by completing the application available in online banking. Before you begin, ensure that you have the following information:

  • SCU Account Number. Your account number can be found in online banking once you have logged in. On the Account Summary page, look for the Membership number listed at the top of the page.
  • Employer Account Number (15 digits) as found at the top of the borrower’s 2019 T4 Summary of Remuneration Paid.

  • Employment Income from Box 14 of the 2019 T4 Summary of Remuneration Paid.

Ready to Begin?

  • Log into online banking.
  • Select Account Services, then Canada Emergency Business Account (CEBA) from the menu on the left.
  • Complete all of the required form fields.
  • Should you require assistance, please contact a Business Account Advisor.

Additional Information

Speak with a Business Account Advisor to discuss your business needs.