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United Kingdom · Question · Written question

UIN 88914

Coronavirus Business Interruption Loan Scheme

answeredUnited Kingdom· UK Parliament· EN

Introduced

16 November 2022

Last action

21 November 2022 · Answer

Status

Answered

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Discovery layer

Source updated

21 November 2022

Summary

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether it is his Department's policy to provide sole traders with the same loan guarantees as limited businesses under the Coronavirus Business Interruption Loan Scheme.

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

Timeline

  1. 16 November 2022

    Written question

    To ask the Secretary of State for Business, Energy and Industrial Strategy, whether it is his Department's policy to provide sole traders with the same loan guarantees as limited businesses under the Coronavirus Business Interruption Loan Scheme.

    Source: Commons

  2. 21 November 2022

    Answer

    The Coronavirus Business Interruption Loan Scheme (CBILS) closed for new applications on 31 May 2022 and saw 97,846 loans approved worth £25.86 billion. The scheme was open to sole traders, provided they satisfied the scheme’s eligibility criteria.

    Source: Written answer

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