Bounce Back Loan Scheme
(asked on 24th June 2021) - View Source
Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, how many Bounce Back Loans businesses have taken up, by business size and what the value is of those loans, by business size.
A breakdown on the number of loans offered through the Bounce Back Loan Scheme as of 21 June 2021 is in the table below.
Business Size | Value (£) | No. of Facilities |
Micro | 39,737,670,885 | 1,395,991 |
Small | 6,823,645,704 | 140,954 |
Medium | 138,154,304 | 3,245 |
Mid- Sized | 147,613,609 | 3,429 |
Large | 7,492,775 | 176 |
Total | 46,854,577,277 | 1,543,795 |
The categories are based on turnover and breakdown as follows:
Micro: Turnover > £632k;
Small: Turnover between £632K and £10.19 million;
Medium: Turnover between £10.2 million and £24.9 million;
Mid-Sized: Turnover between £25 million and £500 million;
Large: Turnover > £500 million.