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United Kingdom · Question · Written question

UIN 179682

Bounce Back Loan Scheme: Bank Services

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 April 2021

Last action

15 April 2021 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

15 April 2021

Summary

To ask the Chancellor of the Exchequer, whether eligibility for the Bounce Back Loan Scheme is dependent on an applicant holding a bank account with a bank that is accredited under that scheme.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 12 April 2021

    Written question

    To ask the Chancellor of the Exchequer, whether eligibility for the Bounce Back Loan Scheme is dependent on an applicant holding a bank account with a bank that is accredited under that scheme.

    Source: Commons

  2. 15 April 2021

    Answer

    The Government launched the Bounce Back Loan Scheme (BBLS) on 4 May 2020 to ensure that the smallest businesses could access loans from £2,000 up to £50,000, capped at 25% of turnover in a matter of just days. As of 21 March, over 1.5 million UK businesse...

    Source: Written answer

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