Lloyds – Page 24 – Bounce Back Loan

Lloyds Defaults Bounce Back Loans Using Outdated Addresses, Ombudsman Dismisses Complaint

Lloyds defaulted Bounce Back Loans by sending demands to outdated addresses, failing to update records. […]

Director Banned for 10 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Repaying Only £1,033.48

A director faces a 10-year ban after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, repaying just £1,033.48. […]

Director Banned for 12 Years for Illegally Securing Dual Bounce Back Loans from Lloyds and Virgin Money for Single Company

A director has been disqualified for 12 years after fraudulently obtaining two Bounce Back Loans from Lloyds and Virgin Money (formerly Yorkshire and Clydesdale Banks) for his single company, violating the single-loan rule. […]

Director Banned for 10 Years for Providing False Turnover Information to Secure £50,000 Lloyds Bank Bounce Back Loan

A female director faces a 10-year ban after submitting false or knowingly inaccurate turnover information to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]

Fashion Shop Director Banned for 6 Years for Failing to Repay Lloyds Bank Bounce Back Loan and Funding Circle CBILS

A fashion shop director faces a six-year ban after failing to repay a Lloyds Bank Bounce Back Loan, as required, after securing a Funding Circle CBILS loan, leaving both unpaid and pursuing liquidation. […]

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. […]