Question to the Department for Business, Energy and Industrial Strategy:
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.
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.