Small businesses facing hard decisions about CEBA loan forgiveness deadline

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WNews 1 Min Read

With a major deadline to repay a pandemic era loan on the horizon, Rod Castro says he feels like he’s performing a “juggling act” while trying to figure out the best way forward.

“I haven’t written myself a paycheck or cashed a paycheck in about three months,” he told CBC News. “Right now, all we’re doing is just trying to keep every single dollar in the business.”

Castro owns two restaurants in Ottawa — 10 Fourteen and Pubblico Eatery. Like many small business owners, he took out a Canada Emergency Business Account (CEBA) loan to help cover some of his costs when he was forced

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