Borrowing Data

Covid loan scheme statistics in the West Midlands 2026

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

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

132,424

Covid loans offered

By the schemes' close in 2021, lenders had offered 132,424 loans in the West Midlands 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.

£5,852.9m

Covid loans offered, value

By the schemes' close in 2021, loans offered in the West Midlands were worth £5,852.9 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.

124,011

Bounce Back loans offered

By the scheme's close in 2021, lenders had offered 124,011 loans in the West Midlands 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.

£3,796.5m

Bounce Back loans offered, value

By the scheme's close in 2021, loans offered in the West Midlands were worth £3,796.5 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.

8,413

Business Interruption loans offered

By the scheme's close in 2021, lenders had offered 8,413 loans in the West Midlands 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.

£2,056.4m

Business Interruption loans, value

By the scheme's close in 2021, loans offered in the West Midlands were worth £2,056.4 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.

711

Recovery Loans to Q2 2023

711 Recovery Loans were offered to businesses in the West Midlands 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.

1,879

Recovery Loans to Q2 2022

1,879 Recovery Loans were offered to businesses in the West Midlands 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'.

£134m

Recovery value to Q2 2023

Recovery Loans offered to businesses in the West Midlands were worth £134m 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.

£349.1m

Recovery value to Q2 2022

Recovery Loans offered to businesses in the West Midlands were worth £349,077,021 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'.

£332.6m

Recovery Loan Scheme drawn value

Drawn value under the Recovery Loan Scheme (iterations 1 and 2) in the West Midlands was £332.58m 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.

1,836

Recovery Loan facilities drawn

1,836 facilities had been drawn under the Recovery Loan Scheme (iterations 1 and 2) in the West Midlands 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.

47.36

Growth Guarantee facilities per 10,000

There were 47.36 facilities drawn under the Growth Guarantee Scheme including Recovery Loan Scheme iteration 3 per 10,000 SMEs in the West Midlands 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 132,424 loans in the West Midlands under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme. By the schemes' close in 2021, loans offered in the West Midlands were worth £5,852.9 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme. By the scheme's close in 2021, lenders had offered 124,011 loans in the West Midlands under the Bounce Back Loan Scheme.

Frequently asked questions

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

By the schemes' close in 2021, lenders had offered 132,424 loans in the West Midlands under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

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

By the schemes' close in 2021, loans offered in the West Midlands were worth £5,852.9 million under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loan Scheme.

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

711 Recovery Loans were offered to businesses in the West Midlands in the period from Q2 2022 to Q2 2023.