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United Kingdom · Question · Written question

UIN 137351

Bounce Back Loan Scheme

answeredUnited Kingdom· UK Parliament· EN

Introduced

9 March 2022

Last action

14 March 2022 · Answer

Status

Answered

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Discovery layer

Source updated

14 March 2022

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many and what proportion of recipients of bounce bank loans have not yet started repayments of those loans.

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Timeline

  1. 9 March 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, how many and what proportion of recipients of bounce bank loans have not yet started repayments of those loans.

    Source: Commons

  2. 14 March 2022

    Answer

    As many borrowers are using “Pay as You Grow” options, it is not possible to provide a definitive figure for on-schedule payments for the Bounce Back Loan Scheme (BBLS). However, latest figures show that £2.04bn, or 4% of total facilities, have been repai...

    Source: Written answer

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