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United Kingdom · Question · Written question

UIN 51668

Bounce Back Loan Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

1 June 2020

Last action

9 June 2020 · Answer

Status

Answered

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Discovery layer

Source updated

9 June 2020

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 19 May 2020 Question 45020 on the Bounce Back Loan Scheme, whether businesses applying for a loan under the Bounce Back Loan Scheme are required to have

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Timeline

  1. 1 June 2020

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 19 May 2020 Question 45020 on the Bounce Back Loan Scheme, whether businesses applying for a loan under the Bounce Back Loan Scheme are required to have

    Source: Commons

  2. 9 June 2020

    Answer

    Under the Bounce Back Loan Scheme (BBLS) businesses can apply for a loan of up to 25% of their turnover in the calendar year 2019, from a minimum of £2000 up to a maximum of £50,000. In order to meet this criterion, businesses must have a turnover of at l...

    Source: Written answer

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