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Bounce Back Loan Scheme

Question for Department for Business, Energy and Industrial Strategy

UIN 133034, tabled on 30 December 2020

To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of businesses who had secured a Bounce Back Loan had borrowed the maximum amount of 25 per cent of their estimated turnover, up to 10 November 2020.

Answered on

11 January 2021

As of 10 November 2020, 27% of businesses offered a Bounce Back Loan were offered one of a value equivalent to exactly 25% of their stated turnover.

Answered by

Department for Business, Energy and Industrial Strategy
Named day
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