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Written question asked by Seema Malhotra (Labour) on Wednesday, 30 June 2021, in the House of Commons. It was due for an answer on Monday, 5 July 2021. It was answered by Paul Scully (Conservative) on Friday, 9 July 2021 on behalf of the Department for Business, Energy and Industrial Strategy.


Bounce Back Loan Scheme

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many Bounce Back Loan Scheme borrowers have requested an extension of their loan term from six to 10 years; and how many and what proportion of those requests have been granted.

Answer

The Government and the British Business Bank are working with lenders on this issue and will publish data in due course.


Secondary information

Type
Written question
Reference
24981
Session
2021-22
Subjects
Debt rescheduling Bounce back loan scheme
Contains statistics
Yes
Link
View this Written question on www.parliament.uk