Coronavirus Business Interruption Loan Scheme: Company Liquidations

(asked on 6th July 2023) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how many businesses have gone into liquidation following the non-payment of a loan through the Coronavirus Business Interruption Loan Scheme.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 11th July 2023

The Department for Business and Trade has not made an estimate of the number of businesses that took out loans through the Coronavirus Business Interruption Loan Scheme (CBILS) that have since ceased trading. This will be considered as part of the scheme's ongoing evaluation, which will consider the impact of CBILS on business survival.

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