CEBA LOAN AGREEMENT TERMS AND CONDITIONSCeba Loan Agreement Terms and Conditions • February 2nd, 2021 • Saskatchewan
CEBA Loan Amount$60,000 (CAD) (the “CEBA Loan Amount” and together with the principal outstanding, applicable interest, costs, and any expenses incurred in connection therewith and provided for hereunder being, collectively, the “CEBA Loan”) Interest Rate:0% per annum during Initial Term5% per annum during the Extended Term, if applicable Initial TermFrom the day of advance of the CEBA Loan to December 31, 2022 Extended TermFrom January 1, 2023 to December 31, 2025
