Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many and what proportion of applications for the Coronavirus Business Interruption Loan Scheme have been approved (a) by each lender and (b) in each constituency.
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 regular and transparent data publication going forward.