Bounce Back Loan Scheme: Ethnic Groups

(asked on 8th June 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, how many business owners from BAME backgrounds have received loans under the Bounce Back Loans Scheme.


Answered by
Paul Scully Portrait
Paul Scully
This question was answered on 11th June 2020

As of 7 June, 782,246 loans have been approved under the BBLS, with a total value of £23.78 billion.

Capturing information relating to business ownership by ethnicity is at the discretion of the lender and will also be up to the business owner.

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