Lloyds – Page 17 – Bounce Back Loan

Tower Hamlets Director Banned for 10 Years for Falsifying Turnover to Secure Lloyds Bank Bounce Back Loan and Buying Car, Defaults on Repayment Plan

A Tower Hamlets director faces a 10-year ban after overstating his turnover to secure a Lloyds Bank Bounce Back Loan, using it to buy a car, and twice failing to adhere to a repayment plan agreed with the liquidator. […]

Lloyds Bank Misleads Borrower on Bounce Back Loan Shortcut, Ombudsman Dismisses Complaint Citing Confused Recollections

A Lloyds customer claimed a bank employee misled him about a Bounce Back Loan shortcut for sole trader to Ltd company conversion. […]

Worcester Director Banned for 9 Years for Falsifying Turnover to Secure £25,000 Lloyds Bank Bounce Back Loan, Co-Director Banned for 5 Years

A Worcester director faces a nine-year ban for overstating his company’s turnover to secure a £25,000 Lloyds Bank Bounce Back Loan, while his co-director received a five-year ban for knowing or should have known about the wrongful turnover declaration. […]

Peterborough Director Banned for 11 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan and Misusing Funds

A Peterborough director faces an 11-year ban, starting March 6, 2024, after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan and not using all funds for business purposes. […]

Walsall Barbershop Directors Banned for 9 Years for Falsifying Turnover to Secure £84,500 in Lloyds Bank Bounce Back Loans

Two Walsall barbershop directors face nine-year bans after overstating their business turnover to obtain a £50,000 and a £34,500 Bounce Back Loan from Lloyds Bank. […]

Felixstowe Director Banned for 10 Years for Unjustified Turnover Estimate to Secure £45,000 Lloyds Bank Bounce Back Loan

A Felixstowe director faces a 10-year ban after failing to explain his company’s overestimated turnover used to obtain a £45,000 Lloyds Bank Bounce Back Loan. […]

Croydon Director Banned for 10 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Despite Partial Repayment

A Croydon director faces a 10-year ban after overstating her business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, despite repaying £6,000 and agreeing to further payments. […]

Leeds Director Banned for 10 Years for Overstating Turnover Elevenfold to Secure £50,000 Lloyds Bank Bounce Back Loan

A Leeds director faces a 10-year ban after exaggerating his business turnover by nearly 11 times to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]

Ealing Director Banned for 8 Years for Falsifying Turnover to Secure £40,000 Lloyds Bank Bounce Back Loan, Entitled to £6,695

An Ealing director faces an eight-year ban after overstating his company’s turnover to obtain a £40,000 Lloyds Bank Bounce Back Loan, when entitled to only £6,695. […]

Batley Director Banned for 10 Years for Falsely Claiming £300,000 Turnover to Secure Lloyds Bank Bounce Back Loan

A Batley director faces a 10-year ban after claiming a £300,000 turnover, without ever submitting company accounts, to obtain a Lloyds Bank Bounce Back Loan. […]