
Director Banned for 6 Years for Failing to Repay £50,000 Santander Bounce Back Loan After Securing CBILS Loan

A director faces an 11-year ban for over-estimating turnover to secure a Bounce Back Loan, far exceeding the allowable 25% margin, resulting in severe regulatory consequences. […]
An 11-year ban was imposed on a director who exaggerated turnover to secure a £50,000 Santander Bounce Back Loan, misusing funds meant for business support. […]
Colin Lowes’ seven-year ban follows the failure to provide accounting records, leaving liquidators unable to verify the legitimacy of a £50,000 Santander Bounce Back Loan. […]
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