PARLIAMENTARY WRITTEN QUESTION
Coronavirus Business Interruption Loan Scheme: Scotland (20 May 2020)

Question Asked

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many businesses in Scotland have (a) applied and (b) been approved for a loan from the Coronavirus Business Interruption Loan Scheme.

Asked by:
Stephen Flynn (Scottish National Party)

Answer

As of 31 May, 45,843 loans have been issued under the Coronavirus Business Interruption Loan Scheme (CBILS), with a total value of £8.92 billion.

Issuing new loans is the priority for lenders and the Government.

At this time, we are unable to provide a breakdown of lending or number of applications by region or devolved nation. We are working with the British Business Bank, HM Treasury and the lenders on regular and transparent data publication going forward.


Answered by:
Paul Scully (Conservative)
8 June 2020

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