Any balance owing on this account can be repaid at any time. To qualify for the $10,000 loan forgiveness, the outstanding balance should be $40,000 at December 31, 2020, and you will need to repay $30,000 from your operating account to your ScotiaLine for business Visa between Jan. 1, 2021 and Dec. 31, 2022. You will not be charged any interest charges or service fees.