PARLIAMENTARY WRITTEN QUESTION
Coronavirus Business Interruption Loan Scheme (20 March 2020)

To ask the Secretary of State for Business, Energy and Industrial Strategy, under what conditions registered (a) charities and (b) societies will be able to apply for support through the Coronavirus Business Interruption Loan Scheme .

Asked by:
James Murray (Labour)

Both registered charities and societies are able to apply for support through the Coronavirus Business Interruption Loan Scheme so long as more than 50% of their income comes from trading.

The scheme was made live on 23rd March and all details can be found on the British Business Bank website at www.british-business-bank.co.uk/ourpartners/coronavirus-business-interruption-loan-scheme-cbils/

Answered by:
Paul Scully (Conservative)
27 March 2020