Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many businesses in Scotland have (a) applied and (b) been approved for a Business Bounce Back Loan.

The Bounce Back Loans Scheme (BBLS), which was launched on 4 May, helps the smallest businesses access loans of up to £50,000 within days.

HM Treasury carefully monitors the progress of the scheme, including by collecting data on applications and loans directly from accredited lenders. However, this data is commercially sensitive and provided in confidence by each lender, so can only be disclosed at an aggregate level.

Since its launch, lenders have approved over 464,000 Bounce Back Loans worth a total value of over £14bn. HM Treasury is now regularly publishing the total number and value of loans approved under the scheme.