Oireachtas Joint and Select Committees

Tuesday, 9 June 2020

Special Committee on Covid-19 Response

Reopening the Economy: Supports for Business

Dr. Orlaigh Quinn:

To date the drawdown has been €46 million with 372 loans approved. That is out of 2,678 who have been assessed and found eligible. As my colleague said earlier, some companies have gone through the first assessment process, but then they have not gone further to apply for the loan. That is probably the stage their business is at currently.

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