· FOI · unclear
Loans to private business 2015 to 2018: FOI release
Information requested
Details of any loans from the core SG to private business in 2015-16, 2016-17 or so far in 2017-18 where the business defaulted on the loan.
Response
Social Investment Fund
2016-17 - £116,200 written off due to company closing down.
Housing Infrastructure Loan Fund
2015-16 - £1,000,000 written off against a loan value.
2016-17 - Further £500,000 written off against a loan value.
Resource Efficient Scotland SME Loans
Thirty loans have been impaired as at 31 December 2017, with the impairment amount being £595,830.
District Heating Loans
Two loans have been impaired as at 31 December 2017, with the impairment amount being £251,333.
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