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‍The CEBA/RRRF loan forgiveness repayment deadline has been extended to December 31, 2023.

For clients receiving $40,000 or less

25% (not to exceed $10,000) of the amount received $40,000 and under can be forgiven provided the Client has paid 75% of the original loan amount prior to December 31, 2023;

For loans issued totalling between $40,000 and $60,000

25% (not to exceed $10,000) of the first $40,000 and 50% (not to exceed $10,000) of the second $20,000 can be forgiven provided the client has paid the full outstanding balance by December 31, 2023. 

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