Lloyds – Page 18 – Bounce Back Loan

Rye Director Banned for 5 Years for Illegally Securing Two Lloyds Bank Bounce Back Loans, Receives Lenient Penalty

A Rye director faces a lenient five-year ban, approved by Secretary of State Kemi Badenoch, after fraudulently obtaining two Lloyds Bank Bounce Back Loans for his businesses. […]

Director Banned for 7 Years for Failing to Provide Records for £50,000 Lloyds Bank Bounce Back Loan, Obscuring Finances

A director faces a seven-year ban after failing to provide accounting records to the liquidator, preventing analysis of company finances, including the usage of a £50,000 Lloyds Bank Bounce Back Loan. […]

Director Banned for 9 Years for Falsifying Turnover to Secure Lloyds Bank Bounce Back Loan, Unpursued Due to Insolvency

A director faces a nine-year ban after overstating his business turnover to obtain a Lloyds Bank Bounce Back Loan. The liquidator declined to pursue recovery due to the director’s lack of means, but the ban reflects his financial misconduct. […]

Hemel Hempstead Director Banned for 6 Years for Misusing Lloyds Bank Bounce Back Loan and Transferring to Struck-Off Company

A Hemel Hempstead director faces a lenient six-year ban for obtaining a Lloyds Bank Bounce Back Loan and transferring it to a connected company she applied to strike off. […]

Bolton Director Banned for 11 Years for Falsifying Turnover to Secure £25,000 Lloyds Bank Bounce Back Loan and Misusing Funds

A Bolton director faces an 11-year ban after overstating his business turnover to obtain a £25,000 Lloyds Bank Bounce Back Loan and failing to use the funds for business purposes. The misuse, uncovered during an investigation, led to a severe disqualification. […]

Birmingham Director Nailed with an 11-Year Ban for Blagging £100k in Lloyds and Starling BBLs

A Birmingham director’s banned 11 years for nabbing £100k from Lloyds and Starling when only entitled to £2,944. See his big blag! […]

A Quick Check of the Business Accounts and Bank Accounts Leads an Insolvency Practitioner to Report a Birmingham Based Director For Over-Egging His Turnover to Get a £50k BBL from Lloyds Bank That Director Is Today Starting a 10 Year Ban

A Birmingham director faces a 10-year ban after an insolvency practitioner, reviewing business and bank accounts, reported him for overstating his turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]

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

A London director faces an 11-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan and transferring the entire amount to himself. […]

Grimsby Director Banned for 9 Years for Overstating Turnover to Secure Oversized Lloyds Bank Bounce Back Loan

A Grimsby director faces a nine-year ban after his own company accounts revealed he overstated his turnover to obtain a Lloyds Bank Bounce Back Loan larger than his entitlement. […]

CIFAS States It Bears No Responsibility for Bounce Back Loan Database Misuse, Despite Creating It, as Lenders Admit to Adding Inaccurate Data Remotely

CIFAS denies liability for misuse of the Bounce Back Loan database it created, even as lenders admit to entering false data, impacting borrowers’ records. […]