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United Kingdom · Question · Written question

UIN 149357

Coronavirus Business Interruption Loan Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

4 February 2021

Last action

9 February 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

9 February 2021

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the ability of businesses to make the first repayments of the Coronavirus Business Interruption Loan Scheme due in April 2021.

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Timeline

  1. 4 February 2021

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the ability of businesses to make the first repayments of the Coronavirus Business Interruption Loan Scheme due in April 2021.

    Source: Commons

  2. 9 February 2021

    Answer

    Many businesses have already begun paying off their Coronavirus Business Interruption Loan Scheme (CBILS) facility. While the Government covers the interest due on CBILS loans for the first twelve months of the loan, repayments of capital are required dur...

    Source: Written answer

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