Borrowing Data

Covid loan scheme statistics in the United Kingdom 2026

Last updated November 2026 · Data to 30 June 2026 · United Kingdom

Covid loan scheme figures for the United Kingdom, from HM Treasury and the British Business Bank.

37.23%

Pay As You Grow share

37.23% of Bounce Back Loan Scheme facilities had used a Pay As You Grow option as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Publisher-calculated proportion of facilities.

4.05%

Suspected fraud, Bounce Back

Suspected fraud flagged by lenders was 4.05% of drawn value under the Bounce Back Loan Scheme as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Publisher-calculated proportion of drawn value.

£46.5bn

Bounce Back drawn value

Drawn value under the Bounce Back Loan Scheme was £46,467.19m as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders.

£25.8bn

Business Interruption drawn value

Drawn value under the Coronavirus Business Interruption Loan Scheme was £25,833.99m as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders.

1,533,066

Bounce Back facilities drawn

1,533,066 facilities had been drawn under the Bounce Back Loan Scheme as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders.

97,754

Business Interruption facilities drawn

97,754 facilities had been drawn under the Coronavirus Business Interruption Loan Scheme as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders.

491,789

Bounce Back facilities repaid

491,789 Bounce Back Loan Scheme facilities had been fully repaid as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Furthest life event basis.

51,131

Bounce Back facilities in arrears

51,131 Bounce Back Loan Scheme facilities were in arrears as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Furthest life event basis.

10,394

Bounce Back facilities defaulted

10,394 Bounce Back Loan Scheme facilities were defaulted as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Furthest life event basis.

11,622

Bounce Back facilities claimed

11,622 Bounce Back Loan Scheme facilities were claimed as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Furthest life event basis.

£605.1m

Guarantee claimed for fraud

Lenders had claimed £605.14m under the Bounce Back Loan Scheme guarantee with fraud as the reason as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Cumulative claimed value where the stated reason is fraud.

£13.5bn

Bounce Back lifetime cost

The estimated lifetime cost of the Bounce Back Loan Scheme was £13,500m in the September 2025 update of the COVID-19 Cost Tracker.

Source: HM Treasury: 2026 COVID-19 Cost Tracker update, HM Treasury, September 2025

Dataset sheet 'HMT 2025 data (to publish)', measure ID ID4. Statistics release published 28 May 2026 (national statistics); the data were collected in 2025 and the most recent spend data is 31 March 2025. Column: 'Estimated lifetime cost as at September 2025 update (£m)'.

570,686

Pay As You Grow facilities

570,686 Bounce Back Loan Scheme facilities had used at least one Pay As You Grow option as at 30 June 2026.

Source: COVID-19 loan guarantee schemes repayment data: 30 June 2026, HM Treasury, 30 June 2026

Release published 4 September 2026. Figures are revised in later releases. Aggregated total across lenders. Facilities that have used at least one Pay As You Grow option at some point, regardless of current loan status.

£4,331m

Recovery Loan Scheme drawn value

Drawn value under the Recovery Loan Scheme (iterations 1 and 2) was £4,330.96m 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.

Key points

37.23% of Bounce Back Loan Scheme facilities had used a Pay As You Grow option as at 30 June 2026. Suspected fraud flagged by lenders was 4.05% of drawn value under the Bounce Back Loan Scheme as at 30 June 2026. Drawn value under the Bounce Back Loan Scheme was £46,467.19m as at 30 June 2026.

Frequently asked questions

What share of Bounce Back Loan Scheme facilities had used a Pay As You Grow option as at 30 June 2026?

37.23% of Bounce Back Loan Scheme facilities had used a Pay As You Grow option as at 30 June 2026.

What share of drawn value under the Bounce Back Loan Scheme was flagged as suspected fraud as at 30 June 2026?

Suspected fraud flagged by lenders was 4.05% of drawn value under the Bounce Back Loan Scheme as at 30 June 2026.

What was the drawn value under the Bounce Back Loan Scheme as at 30 June 2026?

Drawn value under the Bounce Back Loan Scheme was £46,467.19m as at 30 June 2026.