Bounce Back Loan Scheme
(asked on 11th May 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, how much the average loan issued under the Bounce Back Loan Scheme is.
This question was answered on 19th May 2020
The Bounce Back Loan Scheme (BBLS) has been introduced to help small and medium-sized businesses to borrow between £2000 and £50,000.
As of 10 May, over 268,000 loans have been issued with a total value of over £8.3 billion.