Lloyds – Page 21 – Bounce Back Loan

Director Banned for 10 Years for Securing £50,000 Lloyds Bank Bounce Back Loan for Ineligible Non-Trading Business

A female director faces a 10-year ban after fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan for a business not trading on March 1, 2020, making it ineligible. […]

Director Banned for 9 Years for Over-Estimating Turnover to Secure Lloyds Bank Bounce Back Loan

A director faces a nine-year ban after over-estimating his company’s turnover to obtain a Lloyds Bank Bounce Back Loan, despite filing dormant accounts. […]

Lloyds Ordered to Reinstate Bounce Back Loan and Remove Credit Markers, Ombudsman Upholds Complaint

Lloyds unfairly defaulted a Bounce Back Loan, treating a customer poorly to claim a guarantee. The Ombudsman upheld the complaint, ordering reinstatement and removal of adverse credit markers. […]

Director Banned for 12 Years for Fraudulently Securing £100,000 in Lloyds Bank Bounce Back Loans and £70,000 in Covid Grants

A director faces a 12-year ban after fraudulently obtaining two £50,000 Lloyds Bank Bounce Back Loans for ineligible businesses and £70,000 in Covid-related grants, claiming the funds were for website development. […]

Director Banned for 11 Years for Securing Lloyds and Santander Bounce Back Loans for Non-Trading Company with Dormant Accounts

FA director faces an 11-year ban after filing dormant accounts, yet fraudulently obtaining two Bounce Back Loans from Lloyds and Santander for a non-trading company. […]

Director Banned for 10 Years for Overstating Turnover to Secure £35,000 Lloyds Bank Bounce Back Loan, Entitled to £8,878

A director has been disqualified for 10 years after exaggerating his company’s turnover to obtain a £35,000 Lloyds Bank Bounce Back Loan, when entitled to only £8,878. […]

Three Directors Walloped with 6 and 10-Year Bans for Dodgy Records and Over-Egging Turnover for BBLs

Three directors got 6 and 10-year bans for hiding records and fudging turnover to grab BBLs. Uncover their scams! […]

Middlesbrough Carpet Shop Director Banned for 11 Years for Falsifying Turnover to Secure Dual Bounce Back Loans from Barclays and Lloyds

A Middlesbrough carpet shop director faces an 11-year ban after overstating his business turnover to fraudulently obtain two Bounce Back Loans from Barclays and Lloyds Bank, totalling over £100,000, despite being entitled to only one. […]

Pizza Takeaway Owner Jailed for 13 Months and Banned for 4 Years for Fraudulently Securing Lloyds Bank Bounce Back Loan

A pizza takeaway owner has been jailed for 13 months and disqualified for four years after fraudulently obtaining a Lloyds Bank Bounce Back Loan. […]

Five Directors Banned on August 18, 2023, for Collectively Securing Seven Bounce Back Loans Through Scheme Abuse

On August 18, 2023, five company directors began lengthy bans for abusing the Bounce Back Loan scheme, collectively obtaining seven loans from banks including Barclays, HSBC, Lloyds, Metro Bank, and Santander. […]