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United Kingdom · Question · Written question

UIN 53474

Bounce Back Loan Scheme

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

2 June 2020

Last action

8 June 2020 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

8 June 2020

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the potential merits of converting loans secured via the Coronavirus Bounce Back Loans scheme into grants for small businesses.

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Timeline

  1. 2 June 2020

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent assessment he has made of the potential merits of converting loans secured via the Coronavirus Bounce Back Loans scheme into grants for small businesses.

    Source: Commons

  2. 8 June 2020

    Answer

    The Bounce Back Loan Scheme (BBLS) is part of a broad package of support for SMEs, including rates relief, grants and support for wage packages.Businesses are not permitted to access more than one of either the BBLS, Coronavirus Business Interruption Loan...

    Source: Written answer

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