2022 - Page 34 of 131 - Mr Bounce Back - Bounce Back Loan News - Updates

By Not Providing Any Evidence That a Vast Proportion of His Company’s Barclays Bounce Back Loan Transferred Out Of Its Bank Account was Used for the Benefit of the Business Results in a Director Hit with a 6 Year Disqualification

September 27, 2022

This case revolves around a £50k Barclays issued Bounce Back Loan, and saw the Company Director named being given a 6 year ban for the BBL related wrongdoing listed. […]

Company Director Given an 11 Year Disqualification for Claiming the Turnover Declared to Bag a £50k TSB Bounce Back Loan Was for “Protected Sales” When He Needed to Use His Actual (Much Lower) Turnover Figure and Not Explaining What it Was Used For

September 26, 2022

Not seen a huge number of TSB Bounce Back Loan turning as sour but they didn’t issue that many anyway. As you will see from the case below, the Company Director did blag his BBL and is now starting an 11 year ban. […]

By Not Proving Payments Made to His Personal Bank Account from a Santander Bounce Back Loan in His Business Account Were for the Benefit of His Business and Leaving that BBL Left Unpaid Sees a Company Director Given a 6 Year Ban

September 26, 2022

Here are the details of a £30k Santander Bounce Back Loan that was never paid back, and the Company Directors details, who is starting a 6 year disqualification for his BBL wrongdoing. […]

Starling Bank Bounce Back Loan Left Unpaid with Company Director Slapped with a 5 Year Ban for Giving That Loan to Himself and Leaving it Unpaid at Liquidation

September 26, 2022

The turn of Starling Bank to lose another Bounce Back Loan today, but the Government will of course give them their money back, and as you will see from this case, even though it wasn’t a large one the Company Director has been given a 5 year ban for the wrongdoing listed associated with that loan. […]

Having Taken Out a Barclays £20k Bounce Back Loan Then Giving It To Himself as a Loan a Few Days Later and Leaving Most of It Owing at Liquidation Results in a 6 Year Disqualification

September 26, 2022

A six year ban was deemed to be the most suitable punishment for the Company Director named in this case, for giving all £20k of the Barclays Bounce Back Loan he got for his Ltd Company to himself as a loan and leaving most of it owing at liquidation. […]