Bounce Back Loan Scheme

Department for Business, Energy and Industrial Strategy written question – answered on 8th June 2020.

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Photo of David Evennett David Evennett Conservative, Bexleyheath and Crayford

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much the average loan application is for the Bounce Back Loan Scheme.

Photo of Paul Scully Paul Scully Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy), Minister of State (London)

As of 31 May, 699,354 loans have been approved under the Bounce Back Loan Scheme (BBLS), with a total value of £21.29 billion.

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