§ Mr. Maurice Macmillanasked the Secretary of State for Social Services what was the value of loans lent by the General Practice Finance Corporation in its first year and to date;
(2) how many applications for loans were received by the General Practice Finance Corporation in its first year and to date; and how many of these were accepted.
398W
§ Mr. EnnalsBy 31st March, 1968, 352 applications had been received and 320 loans authorised. By the close of business on 24th January, 1969, 642 applications had been received and 597 loans authorised. There have been ten rejections, the balance of applications being still under consideration. The Corporation has also accepted responsibility for loans which had been offered under the Group Practice Loans Scheme but not yet made when that Scheme came to an end on 31st May, 1967; on 24th January, 1969, there were 87 such cases.
The total value of the loans made by 31st March, 1968, was £1,075,884 and by the close of business on 24th January, 1969, £2,854,000.