Canada Emergency Business Account (CEBA): Payroll Eligibility
The following Canada Emergency Business Account (CEBA) enrollment and eligibility information is for businesses with 2019 payroll between $20,000 and $1,500,000.
If your payroll is less than or equal to $20,000, including businesses with no payroll in 2019, please review the CEBA non-deferrable expense eligibility.
To enroll in the CEBA payroll program, you must meet all of the following criteria:
- In 2019, your business paid between $20,000 to $1.5 million in total employment income
- You have a valid 15-digit CRA business payroll number
- You had an active and open business on March 1, 2020 and intend to continue to operate the business or to resume operations
- Your primary business operating/chequing account must be with First West Credit Union (via one of our divisions: Envision Financial, Valley First, Island Savings or Enderby & District Financial) and used for day-to-day payments and cash management activities
- Your primary business operating/chequing account with First West Credit Union must have been opened on or before March 1, 2020
- You were not in arrears on existing borrowing facilities, if applicable, with First West by 90 days or more as of March 1, 2020
- You have not applied or intending to apply, for CEBA at another financial institution under the same CRA business payroll number
- You are an operating company registered in Canada
- You confirm the loan proceeds will be used to pay for operating expenses that cannot be deferred, such as payroll, rent, utilities, insurance, debt payments and property tax
- You are not a government organization or body, or an entity owned by one
- You are not a non-profit organization, registered charity, union, or a fraternal benefit society or order, or an entity owned by such an organization, unless the entity is actively carrying on a business in Canada (including a related business in the case of a registered charity) that earns revenue from the regular supply of property/goods or services
- You are not an entity owned by any Federal Member of the Parliament of Canada or Senator
- Your business does not promote violence, incite hatred or discriminate on the basis of sex, gender identity or expression, sexual orientation, colour, race, ethnic or national origin, religion, age or mental or physical disability, contrary to applicable laws.