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Dorset businesses receive £645m in coronavirus loans

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Friday, 16 October, 2020
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Businesses in Dorset have benefitted from £645million worth of loans to help protect and support jobs since the start of the coronavirus outbreak.

This includes over 16,200 Bounce Back Loans worth £468million. These are 100% government-backed loans which are interest-free for the first 12 months.

This scheme ensures small firms that need vital cash injections to keep operating can get finance in a matter of days, with no repayments due during the first 12 months.

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