Bounce Back Loan Scheme
(asked on 2nd February 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many Bounce Back Loans businesses have taken up by business size; and what the value is of those loans by business size.
A breakdown on the number of loans offered through the Bounce Back Loan scheme as of 26 January 2021 is in the table below.
Business Size | No. of Facilities | Value (£) |
Micro | 1,311,041 | 37,408,683,602 |
Small | 134,600 | 6,505,697,212 |
Medium | 3,098 | 131,529,621 |
Mid-sized | 3,304 | 141,820,279 |
Large | 171 | 7,195,275 |
Total | 1,452,214 | 44,194,925,990 |
The categories are based on turnover and breakdown as follows:
Micro: Turnover
Small: Turnover between £632K and £10.19 million
Medium: Turnover between £10.2 million and £24.9 million
Mid-Sized: Turnover between £25 million and £500 million
Large: Turnover > £500 million