Santander – Page 6 – Bounce Back Loan

Steven Hastings, Director of Steve Hastings Drain Services Ltd, Faces 10-Year Ban for Securing Two Bounce Back Loans from Bank of Scotland and Santander

Steven Hastings’ 10-year ban results from securing two Bounce Back Loans, one from Bank of Scotland and one from Santander, violating scheme rules. […]

Karolis Stankevicius, Director of Karbar Services Ltd, Banned for 9 Years for Overstating Zero Turnover to Secure £50,000 Santander Bounce Back Loan

Karolis Stankevicius’ nine-year ban follows a false claim of £210,000 turnover to secure a £50,000 Santander Bounce Back Loan, despite zero actual turnover. […]

Iblal Zaeem Younas, Director of Easy Taxis (NW) Ltd, Banned for 10 Years for Overstating Turnover to Secure £50,000 Santander Bounce Back Loan

Iblal Zaeem Younas’ 10-year ban follows a massive turnover exaggeration to secure a £50,000 Santander Bounce Back Loan, when entitled to only £2,000. […]

Ahamad Muzafar, Director of CFC Foods Limited, Faces 10-Year Ban for Overstating Turnover and Transferring Santander Bounce Back Loan Funds

Ahamad Muzafar’s 10-year ban stems from inflating turnover to secure a Santander Bounce Back Loan, then transferring most funds to himself, neglecting business needs. […]

Kenneth Ugwo, Director of 76 Digital Marketing Ltd, Receives 11-Year Ban for Overstating Turnover to Secure £50,000 Santander Bounce Back Loan

Kenneth Ugwo’s 11-year ban results from massively exaggerating turnover to secure a £50,000 Santander Bounce Back Loan, misusing funds meant for the business. […]

Government Acknowledges Certain Bounce Back Loan Lenders Repeatedly Entered Business Owners’ Details into the BBL Portal, Were Later Caught Attempting to Exploit the BBL Scheme, and Lost Their Guarantees – Resulting in Innocent Business Owners Being Wrongly Flagged as Suspected Fraudsters

The government admits some lenders’ portal misuse led to innocent Bounce Back Loan borrowers being wrongly flagged as fraudsters after guarantee losses. […]

Macdonald Boella, Director of MACB Engineering Ltd and MACB Contractors Ltd, Banned for 12 Years for Securing Two £50,000 Santander Bounce Back Loans

Macdonald Boella’s 12-year ban follows securing two £50,000 Santander Bounce Back Loans for separate companies, failing to explain the funds’ use. […]

Zarullah Jabarkhyl, Director of Your Ride Ltd, Banned for 10 Years for Overstating Turnover to Secure £50,000 Santander Bounce Back Loan

Zarullah Jabarkhyl’s 10-year ban follows exaggerated turnover claims to secure a £50,000 Santander Bounce Back Loan, misusing funds meant for the business. […]