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Bounce Back Loan Scheme: Small Businesses

Question for Department for Business, Energy and Industrial Strategy

UIN 81953, tabled on 25 November 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many small businesses (a) applied for and (b) were awarded loans from the Coronavirus Bounce Back Loan Scheme in (a) England and (b) North East England to date.

Answered on

3 December 2021

As of our final evaluation of the scheme of July 6 2021, 1,357,116 Bounce Back Loans have been offered in England, to the value of £41.47bn. In the North East of England, 48,262 loans were offered to the value of £1,341,695,001.

Across the UK, 2,094,858 applications for a Bounce Back Loan were made; 1,560,309 were successful. We do not hold this data at regional level.