Bounce Back Loan Scheme

(asked on 30th December 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, as of 22 December 2020 how many businesses have (a) applied and (b) secured a Bounce Back Loan Top Up; and how many Bounce Back Loan Top Up loans are being processed by accredited Business Bank Loan banks.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 11th January 2021

As of 13 December 2020, 62,311 Bounce Back Loan Scheme top-ups had been approved, worth £0.56 billion.

Bounce Back Loan figures are also available on the Government website: www.gov.uk/government/collections/hm-treasury-coronavirus-covid-19-business-loan-scheme-statistics

Decisions on whether to capture information relating to the processing of loan applications are at the discretion of the lender.

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