Bounce Back Loans “Baubles”

The latest update on the amount of money lent under the various “Baubles loan schemes” as I like to call them:

as at 12 July 2020Value of loans ApprovedNumber ApprovedApplications so far
Bounce Back Loan Scheme (BBLS)£31.70bn
£31,700,000,000
1,047,6111,282,639
Coronavirus Business Interruption Loan Scheme (CBILS)£11.85bn
£11,850,000,000
54,538109,235
Coronavirus Large Business Interruption Loan Scheme (CLBILS)£2.73bn
£2,730,000,000
412809
We added the 0’s in so you get the scale of the billionsTotal
£46,280,000,000
Total
1,102,561
Total
1,392,683
Working Age Adults in UK (16-67)40,800,000
Average lent per working age adult£1,134
Average lend so far per approved application£41,975.00
Estimated lend per applications to made so far£58,457,871,483