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Business: Government Assistance

Business, Innovation and Skills written question – answered on 10th February 2010.

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Photo of David Mundell David Mundell Shadow Secretary of State for Scotland

To ask the Minister of State, Department for Business, Innovation and Skills

(1) how many loans each participating bank has made under the Enterprise Finance Guarantee scheme (a) overall and (b) to businesses registered in Scotland;

(2) how much has been lent by each participating bank under the Enterprise Finance Guarantee scheme (a) in total and (b) to businesses registered in Scotland.

Photo of Rosie Winterton Rosie Winterton Minister of State (Regional Affairs) (Yorkshire and the Humber), Minister of State (Department for Communities and Local Government) (Local Government) (also in the Department for Business, Innovation and Skills), Minister of State (Department for Business, Innovation and Skills) (Regional Economic Development and Co-ordination); (also in the Department for Communities and Local Government)

As of 27 January 2010, 6,456 businesses have drawn down loans totalling £647.41 million. Of which, in Scotland, 470 businesses have drawn down loans totalling £62.38 million.

Due to confidentiality it is not broken down by bank.

Does this answer the above question?

Yes0 people think so

No0 people think not

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