
Lloyds Ordered to Reinstate Bounce Back Loan Due to Address Error, Ombudsman Upholds Complaint

A director faces an eight-year ban after exaggerating his business turnover to obtain a Lloyds Bank Bounce Back Loan, providing no evidence of its use for business benefit, and leaving it unpaid at liquidation. […]
A female director has been disqualified for 11 years after falsifying her business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, misusing the funds for non-business purposes, and fraudulently claiming over £3,000 from the Job Retention Scheme. […]
HSBC delayed a CBILS application, resulting in a Bounce Back Loan. The Ombudsman dismissed the complaint, finding £300 compensation adequate for the delay. […]
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