Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding has been granted through the (a) Coronavirus Business Interruption Loan Scheme and (b) Bounce Back Loan Scheme to (i) social care providers and (ii) the social care sector as a whole.
As of July 2021, the total value of CBILS and BBLS loans to businesses in the Human Health and Social Work sectors was £2,758,185,509, with 67,544 loans offered. The value of loans to businesses identifying as being in the residential care sector was £491,281,848, with 6,247 loans offered. The value of loans to businesses identifying as being in the non-residential social work sector was £512,447,147, with 13,083 loans offered.