Small businesses at risk as CEBA loan repayment deadline hits – SFU experts available 

SFU experts are available to speak about the risk of bankruptcy to small businesses and the need to increase business productivity as many businesses struggle to repay an interest-free loan that helped them survive the COVID-19 pandemic.  

Thursday marks the repayment deadline for the Canada Emergency Business Account (CEBA) loan, an interest-free loan of $40,000 or $60,000 that helped businesses weather the harsh economic environment of the pandemic. Businesses must repay two-thirds of their loans to qualify for partial loan forgiveness. 

AVAILABLE SFU EXPERTS

ANDREY PAVLOV, professor of finance, Beedie School of Business 
604 763 3696 | apavlov@sfu.ca

• Why CEBA was necessary during the pandemic to help business survive 
  
• Increased regulation, red tape and high taxes that hinder business productivity and why it’s not surprising that many small businesses are struggling 

RAY ZHANG, assistant professor, Beedie School of Business
ray_zhang@sfu.ca 

• CEBA loan repayment and the risk of bankruptcy.  
  

CONTACT

JEFF HODSON, SFU Communications & Marketing  
jdhodson@sfu.ca

Simon Fraser University 
Communications & Marketing |  SFU Media Experts Directory 
778.782.3210 

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