April 2022 - Page 7 of 11 - Mr Bounce Back - Bounce Back Loan News - Updates

Applying for and Getting a Royal Bank of Scotland Bounce Back Loan For a Company Incorporated on March 6th 2020 and Massively Over-Egging Turnover Lands Company Director with 6 Year Disqualification

April 12, 2022

Obvious breaches of the rules of the Bounce Back Loan scheme has seen another Company Director hit with a 6 year disqualification. […]

9 Year Disqualification Handed Down to Company Director for Over-Egging Turning and Using a NatWest Bounce Back Loan for Personal Benefit

April 12, 2022

Using a NatWest Bounce Back Loan for personal benefit and over-egging the turnover when applying for it in the first place lands Company Director with a 9 year disqualification. […]

10 and 12-Year Disqualifications for Co-Directors Who Over-Egged Turnover to Bag a Barclays Bank Bounce Back Loan

April 12, 2022

Two rather severe disqualifications of 10 and 12 years have just been given out to the two Company Directors in the following case for over-egging their turnover to secure a Barclays Bounce Back Loan and using it in the way described. […]

Lloyds Bank Bounce Back Loan Goes Bad as Co Directors Hit With 6 Year Disqualifications for Failing to Use it for the Economic Benefit of the Business

April 12, 2022

Two 6-Year Disqualifications handed out to Company Directors regarding a Lloyds Bank BBL which was not used for the economic benefit of their business. […]

Business Owner Says a BBL Application Approved and Paid Out by HSBC Was Not Made by Him and Riddled with Inaccuracies – Ombudsman Say Tough, Be Grateful You Got that £3k BBL You Say You Didn’t Apply For But Withdrew and Not the £50k BBL You Needed

April 11, 2022

The bizarre and ill-thought-out design of the Bounce Back Loan scheme is laid bare in this case which went before Ben the Ombudsman, and he has decided that all things considered he is not going to uphold the complaint. […]