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United Kingdom · Question · Written question

UIN 110251

Bounce Back Loan Scheme

answeredUnited Kingdom· UK Parliament· EN

Introduced

2 November 2020

Last action

5 November 2020 · Answer

Status

Answered

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Discovery layer

Source updated

5 November 2020

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of amending the guidance on Bounce Back Loans to permit businesses, that have chosen to accept less than the total loan offered

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Timeline

  1. 2 November 2020

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of amending the guidance on Bounce Back Loans to permit businesses, that have chosen to accept less than the total loan offered

    Source: Commons

  2. 5 November 2020

    Answer

    As part of the broader package of support measures announced on 2 November, we announced that we will change the Bounce Back Loan Scheme rules to allow those businesses who have borrowed less than their maximum to top-up their existing loan. If a business...

    Source: Written answer

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