Written questions, answers and statements

Bounce Back Loan Scheme

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Question for Department for Business, Energy and Industrial Strategy

UIN 133035, tabled on 30 December 2020

Question

Rachael Maskell
Labour
York Central
Commons

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many businesses that have applied to Top Up their initial Bounce Back Loan since November 2020 have had their applications rejected.

Answer

Paul Scully
Conservative
Sutton and Cheam
Commons

Answered on

11 January 2021

As of 13 December 2020, 62,311 Bounce Back Loan Scheme top-ups had been approved, worth £0.56 billion.

Decisions on whether to capture information relating to rejected loans are at the discretion of the lender.

Answered by

Department for Business, Energy and Industrial Strategy
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