
11-Year Ban for Director Misusing Barclays Loan for Non-Trading Firm

A director faces an 11-year ban for securing two £50,000 Bounce Back Loans for a single company and spending the funds on personal expenses, not the business. […]
Two co-directors have been banned for six years for using a £40,000 Santander Bounce Back Loan to repay personally guaranteed loans, benefiting themselves rather than the business. The disqualification reflects misuse of the loan scheme. […]
Ellie McClelland, director of EM Farms, who blagged a £50,000 Co-Operative Bank Bounce Back Loan for a non-trading company, misused funds, and didn’t cooperate, faces a 13-year ban. Uncover this hefty penalty. […]
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