Lloyds – Page 34 – Bounce Back Loan

April 28, 2025

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Directors Banned for 6 Years for Misusing £30,000 Santander and £46,000 Lloyds Bounce Back Loans for Personal Benefit

Two directors have been disqualified for six years after using a £30,000 Santander Bounce Back Loan and a £46,000 Lloyds Bank Bounce Back Loan for personal benefit, rather than business purposes. […]

Lloyds dismissed

Lloyds Cancels Bounce Back Loan for Unverified Turnover, Ombudsman Dismisses Complaint

Lloyds cancelled a Bounce Back Loan due to unverified turnover for a new business. The Ombudsman dismissed the complaint, upholding the bank’s decision. […]

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director Banned for 6 Years for Falsifying Turnover and Misusing Lloyds Bank Bounce Back Loan for Personal Benefit

A director faces a six-year ban after overstating his business turnover to secure a Lloyds Bank Bounce Back Loan and using the funds for personal benefit. […]

Ban3

Three Directors Banned for 6 Years for Misusing £23,000 and £29,000 Santander and £25,000 Lloyds Bounce Back Loans for Personal Benefit

Three directors have been disqualified for six years after using two Santander Bounce Back Loans (£23,000 and £29,000) and a £25,000 Lloyds Bank Bounce Back Loan for personal benefit during company wind-ups. […]

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Director Banned for 7 Years for Failing to Account for £20,000 Lloyds Bounce Back Loan and Covid Grant Usage

A director faces a seven-year ban after failing to maintain accounting records, preventing the Insolvency Service from verifying whether a £20,000 Lloyds Bank Bounce Back Loan and a Covid grant were used for the company’s benefit or if the turnover justified the loan. […]

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Director Banned for 6 Years for Misusing Lloyds Bank Bounce Back Loan for Personal Living Expenses

A company director has been disqualified for six years after using a Lloyds Bank Bounce Back Loan to cover daily living costs, rather than for business purposes. […]

Lloyds dismissed

Lloyds Denies Bounce Back Loan for Date of Birth Error, Ombudsman Dismisses Complaint

Lloyds denied a Bounce Back Loan due to a customer’s date of birth error in the application. The Ombudsman dismissed the complaint, citing the error’s impact. […]

Lloyds dismissed

Lloyds Closes Account, Denies Bounce Back Loan, Ombudsman Dismisses Complaint with £150

Lloyds closed a customer’s account, denying a Bounce Back Loan. The Ombudsman dismissed the complaint, upholding the bank’s actions with £150 compensation. […]

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