Lloyds – Page 31 – Bounce Back Loan

Director Banned for 11 Years for Securing £50,000 Lloyds Bank Bounce Back Loan for Ineligible Non-Trading Business

A director has been disqualified for 11 years after obtaining a £50,000 Lloyds Bank Bounce Back Loan for a business with no evidence of trading or Covid-19 impact, rendering it ineligible. […]

Director Banned for 10 Years for Falsifying Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Left Unpaid

A director has been disqualified for 10 years after overstating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan, which he failed to repay. […]

Director Banned for 9 Years for Overstating Projected Turnover to Secure £42,000 Lloyds Bank Bounce Back Loan

A director faces a nine-year ban after exaggerating his company’s projected turnover to obtain a £42,000 Lloyds Bank Bounce Back Loan. […]

Director Banned for 8 Years for Misusing Lloyds Bank Coronavirus Business Interruption Loan for Personal Benefit

A director has been disqualified for eight years after using funds from a Lloyds Bank Coronavirus Business Interruption Loan for personal benefit, rather than business purposes. […]

Director Banned for 11 Years for Fraudulently Securing £50,000 Lloyds Bank Bounce Back Loan for Ineligible Business

A director faces an 11-year ban after fraudulently obtaining a £50,000 Lloyds Bank Bounce Back Loan for a business ineligible for the scheme. […]

Lloyds Holds Sole Trader Liable for Denied Bounce Back Loan, Ombudsman Dismisses Complaint

A sole trader denied applying for a Lloyds Bounce Back Loan. The Ombudsman dismissed the complaint, finding evidence of his application and liability. […]

Director Banned for 6 Years for Misusing Over Half of £50,000 Lloyds Bank Bounce Back Loan for Personal Benefit

A director faces a six-year ban after using more than half of his company’s £50,000 Lloyds Bank Bounce Back Loan for personal benefit, rather than business purposes. […]

Director Banned for 11 Years for Grossly Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan

A director has been disqualified for 11 years after exaggerating his company’s turnover by over £150,000 to obtain a £50,000 Lloyds Bank Bounce Back Loan, which remained unpaid at liquidation. […]

Director Banned for 11 Years for Securing Dual £60,000 Bounce Back Loans from Lloyds and HSBC and Misusing Funds

A director has been disqualified for 11 years after fraudulently obtaining two Bounce Back Loans, totalling £60,000, from Lloyds Bank and HSBC for his single company and making significant cash withdrawals. […]

Director Banned for 10 Years for Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan, Exposed by Liquidation

A director faces a 10-year ban after liquidating his company, which revealed he overstated its turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan. […]