Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how much funding was provided to businesses through Coronavirus Business Interruption Loans in (a) 2020-21 and (b) 2021-22, broken down by industry sector.

As of 31 December 2022, the outstanding balance for Coronavirus Business Interruption Loans that have yet to be repaid was £13.29 billion. A sector breakdown of this information is not available. 25.13% of facilities have been fully repaid, at a value of £7.15 billion.

The Coronavirus Business Interruption Loan Scheme delivered 109,877 loans worth £26.39 billion and closed on 31 March 2021. A breakdown of facilities by sector for Coronavirus Business Interruption Loans, to 2 July 2021, can be found on the British Business Bank website: https://www.british-business-bank.co.uk/press-release/analysis-of-final-coronavirus-loan-scheme-data-shows-79-3bn-of-loans-to-1-67m-businesses-evenly-distributed-across-whole-of-the-uk/