Lloyds – Page 32 – Bounce Back Loan

Director Banned for 6 Years for Misusing £40,000 of £50,000 Lloyds Bank Bounce Back Loan for Personal Benefit

A director has been disqualified for six years after using over £40,000 of a £50,000 Lloyds Bank Bounce Back Loan for personal benefit, leaving the loan unpaid at company liquidation. […]

Director Banned for 9 Years for Securing £50,000 Lloyds Bank Bounce Back Loan for Non-Trading Company and Defaulting

A director faces a nine-year ban after submitting dormant accounts, indicating no trading activity, yet securing a £50,000 Lloyds Bank Bounce Back Loan, which remained unpaid at liquidation. […]

Latest Update on How Bounce Back Loan Lenders Are Managing Borrowers Unable to Repay Their Loans

Can’t repay your BBL? We provide the latest on how each lender handles defaults, from leniency to aggressive tactics. […]

Director Banned for 9 Years for Falsely Claiming £180,000 Turnover to Secure £35,000 Lloyds Bank Bounce Back Loan

A director has been disqualified for nine years after claiming a £180,000 turnover, when records showed only £1,310, to obtain a £35,000 Lloyds Bank Bounce Back Loan. […]

Director Banned for 7 Years for Failing to Account for £50,000 Lloyds Bank Bounce Back Loan Due to Inadequate Records

A director faces a seven-year ban after failing to maintain or provide adequate accounting records to the liquidator, leaving the whereabouts of a £50,000 Lloyds Bank Bounce Back Loan unknown. […]

Director Banned for 5 Years for Misusing £18,000 Lloyds Bank Bounce Back Loan for Personal Benefit, Including Motorbike Purchase

A director has been disqualified for five years after using an £18,000 Lloyds Bank Bounce Back Loan for personal benefit, including buying a motorbike, leaving his business with just £0.01 in assets. […]

Director Banned for 11 Years for Overstating Turnover and Misusing £50,000 Lloyds Bank Bounce Back Loan

A director has been disqualified for 11 years for wrongdoing involving a £50,000 Lloyds Bank Bounce Back Loan, including overstating his business turnover and using the funds for personal benefit. […]

Business Owner Banned for 11 Years for Falsely Claiming Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan for Non-Trading Business

A business owner faces an 11-year ban after overstating his turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan for a non-trading business, which was wound up. […]

Director Banned for 9 Years for Misusing £50,000 Lloyds Bank Bounce Back Loan and Misleading Accounting Entries

A director faces a nine-year ban for misusing a £50,000 Lloyds Bank Bounce Back Loan and including misleading accounting entries, such as “Fresh Air Concept,” which investigators linked to a Canadian retailer. […]

Director Banned for 11 Years for Overstating Turnover to Secure £50,000 Lloyds Bank Bounce Back Loan and Failing to Account for Funds

A company director has been disqualified for 11 years after exaggerating his business turnover to obtain a £50,000 Lloyds Bank Bounce Back Loan and failing to provide accounts to show how the funds were used. […]