Td Bank Ceba Loan Agreement

For businesses applying for a $20,000 loan, approved applications are funded within 5-7 business days of the date the Government of Canada receives your application from CIBC. To apply for the CEBA loan through TD, customers must have an active quing account with TD between $50,000 and $1,000,000 as of March 1, 2020 and 2019. A full list of the conditions and conditions of participation will be available tomorrow online under www.td.com/businessrelief. The Canada Emergency Business Account (CEBA) offers a loan of up to $40,000 to eligible small businesses, including many owner-managed small businesses that do not have a pay slip, individual entrepreneurs who receive business income directly, and non-profit members.