Coronavirus Business Interruption Loan Scheme

(asked on 28th April 2020) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the potential merits of his Department collating data on the number of applications (a) submitted and (b) rejected under the Coronavirus Business Interruption Scheme.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 5th May 2020

As of 29 April, in total over £4.1 billion worth of loans have been issued under the Coronavirus Business Interruption Loan Scheme (CBILS) to over 25,262 businesses. Lenders have received 52,807 completed applications.

We are working with the British Business Bank, HM Treasury and the lenders on providing transparent and regular data publication going forward.

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