Revealed: How Gloucestershire businesses benefited from coronavirus support
By Rob Freeman | 2nd September 2020
Businesses across Gloucestershire have received more than £600m in coronavirus loans and grants during the coronavirus pandemic.
Firms across the county have received £399,521,738 of loans under the Coronavirus Business Interruption Loan Scheme and Bounce Back Loans Scheme.
Business grant payments - from the Small Business Grants Fund, Retail, Hospitality and Leisure Business Grants Fund and Local Authority Discretionary Grants Fund - have totalled £146,514,991 in Gloucestershire.
And the Self-Employment Income Support Scheme has paid out £76.4million.
Official figures by constituency revealed the Cotswolds has received the most loans (£87.9million) and business grants (£43.5million), as well as £14.4million of support for the self-employed.
Stroud tops the self-employed grants with £14.7million alongside more the £65.6million of loans and £19million of business grants.
Gloucester has seen almost £61.5million of loans with £20.7million of grants and £11.7million paid out to self-employed.
In Cheltenham, the self-employed is £11.2million - the lowest in the county - with £76.3million in loans and £21.8million in business grants.
Tewkesbury has received just more than £63million in loans, almost £18.9million in business grants and £12.1million for the self-employed.
And the Forest of Dean has seen £45million in loans - the smallest in the county - with almost £22.5million in business grants and £12.3million in support for the self-employed.
Across the South West, the figures rise to £3.3billion worth of loans, £1.3billion in business grants and £706.1million in self-employed support.
Copyright 2020 Moose Partnership Ltd. All rights reserved. Reproduction of any content is strictly forbidden without prior permission.