You can try something like this....
Dim cbTime
Set cbTime = ActiveSheet.CheckBoxes.Add(100, 100, 50, 15)
With cbTime
.Name = "cbTime"
.Characters.Text = "Time"
End With
If ActiveSheet.CheckBoxes("cbTime").Value = 1 Then 'or just cbTime.Value
'checked
Else
'unchecked
End If