Business: Newcastle Upon Tyne Central
(asked on 16th July 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, what the total amount received from the (a) Bounce Back Loan Scheme and (b) Coronavirus Business Interruption Loan Scheme has been in Newcastle upon Tyne Central, broken down by (i) loan type and (ii) constituency average.
The analysis of final Coronavirus loan scheme data was published on July 6, 2021 on the British Business Bank website.[1]
Under the Coronavirus Business Interruption Loan Scheme, 136 loans were delivered in the Newcastle upon Tyne Central constituency, to the sum of £47,292,585. The average value of loan was £347,739.59.
Under the Bounce Back Loan Scheme, 2,635 loans were delivered in the Newcastle upon Tyne Central constituency to the sum of £81,819,93. The average value of loan was £3,105.12.