Borrowing Data

Covid loan scheme statistics in the South West 2026

Last updated November 2026 · Data to 31 March 2026 · South West

Covid loan scheme figures for the South West, from the British Business Bank.

135,145

Covid loans offered

By the schemes' close in 2021, lenders had offered 135,145 loans in the South West under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook.

£5,618.2m

Covid loans offered, value

By the schemes' close in 2021, loans offered in the South West were worth £5,618.2 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook.

126,496

Bounce Back loans offered

By the scheme's close in 2021, lenders had offered 126,496 loans in the South West under the Bounce Back Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook.

£3,554.8m

Bounce Back loans offered, value

By the scheme's close in 2021, loans offered in the South West were worth £3,554.8 million under the Bounce Back Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook.

8,649

Business Interruption loans offered

By the scheme's close in 2021, lenders had offered 8,649 loans in the South West under the Coronavirus Business Interruption Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook.

£2,063.4m

Business Interruption loans, value

By the scheme's close in 2021, loans offered in the South West were worth £2,063.4 million under the Coronavirus Business Interruption Loan Scheme.

Source: Final CBILS and BBLS scheme breakdowns by geography and sector, British Business Bank, July 2021

Loans 'offered' as counted by the publisher; scheme management information from lenders; the publisher notes offered figures can differ from HM Treasury approved figures. Coronavirus Large Business Interruption Loan Scheme data are not included in the workbook.

590

Recovery Loans to Q2 2023

590 Recovery Loans were offered to businesses in the South West in the period from Q2 2022 to Q2 2023.

Source: Nations and Regions Tracker 2023: English regions factsheets (data annex), British Business Bank, 12 months to Q2 2023

Factsheet table, period printed as 'Q2 2022 -Q2 2023'. Period is taken from the printed label and recorded against the end quarter.

1,672

Recovery Loans to Q2 2022

1,672 Recovery Loans were offered to businesses in the South West in the period from Q2 2021 to Q2 2022.

Source: Nations and Regions Tracker 2022, British Business Bank, 12 months to Q2 2022

Annex table, period printed as 'Q2 2021-Q2 2022'.

£112m

Recovery value to Q2 2023

Recovery Loans offered to businesses in the South West were worth £112m in the period from Q2 2022 to Q2 2023.

Source: Nations and Regions Tracker 2023: English regions factsheets (data annex), British Business Bank, 12 months to Q2 2023

Factsheet table, period printed as 'Q2 2022 -Q2 2023'. Period is taken from the printed label and recorded against the end quarter.

£307.5m

Recovery value to Q2 2022

Recovery Loans offered to businesses in the South West were worth £307,493,503 in the period from Q2 2021 to Q2 2022.

Source: Nations and Regions Tracker 2022, British Business Bank, 12 months to Q2 2022

Annex table, period printed as 'Q2 2021-Q2 2022'.

£293m

Recovery Loan Scheme drawn value

Drawn value under the Recovery Loan Scheme (iterations 1 and 2) in the South West was £293.01m as at 30 June 2025.

Source: Recovery Loan Scheme (iterations 1 & 2) Performance Data as at 30 June 2025, British Business Bank, 30 June 2025

Page dated 26 August 2025. Figures are revised in later releases and rely on lender submissions to the scheme portal.

1,636

Recovery Loan facilities drawn

1,636 facilities had been drawn under the Recovery Loan Scheme (iterations 1 and 2) in the South West as at 30 June 2025.

Source: Recovery Loan Scheme (iterations 1 & 2) Performance Data as at 30 June 2025, British Business Bank, 30 June 2025

Page dated 26 August 2025. Figures are revised in later releases and rely on lender submissions to the scheme portal.

31.55

Growth Guarantee facilities per 10,000

There were 31.55 facilities drawn under the Growth Guarantee Scheme including Recovery Loan Scheme iteration 3 per 10,000 SMEs in the South West as at 31 March 2026.

Source: Growth Guarantee Scheme (including Recovery Loan Scheme iteration 3) performance data as at 31 March 2026, British Business Bank, 31 March 2026

Page dated 19 May 2026. Figures are revised in later releases and rely on lender submissions to the scheme portal. Ratio calculated and published by the Bank using Business Population Estimates; it is not a count.

Key points

By the schemes' close in 2021, lenders had offered 135,145 loans in the South West under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme. By the schemes' close in 2021, loans offered in the South West were worth £5,618.2 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme. By the scheme's close in 2021, lenders had offered 126,496 loans in the South West under the Bounce Back Loan Scheme.

Frequently asked questions

How many Covid loans were offered in the South West by 2021?

By the schemes' close in 2021, lenders had offered 135,145 loans in the South West under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

What was the value of Covid loans offered in the South West by 2021?

By the schemes' close in 2021, loans offered in the South West were worth £5,618.2 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

How many Recovery Loans were offered to businesses in the South West in the 12 months to Q2 2023?

590 Recovery Loans were offered to businesses in the South West in the period from Q2 2022 to Q2 2023.