February 2023 - Page 2 of 8 - Mr Bounce Back - Bounce Back Loan News - Updates

Applying for and Getting a £15k Bounce Back Loan and a £5k BBL Top Up When His Business Had Ceased Trading Sees a Company Director Hit with an 11 Year Ban

February 27, 2023

Here is the tale of another Bounce Back Loan that turned sour, this one valued at £20k which shouldn’t have been issued in the first place. For the wrongdoing listed the Company Director is starting an 11 year disqualification. […]

10 Year Ban for Company Director Who Over-Egged His Turnover to Blag Santander Out of a £30k Bounce Back Loan When Only Entitled to a Fraction of that Amount

February 20, 2023

Whilst those who are unable to repay their Bounce Back Loans that they legitimately acquired are seeing them being repaid to the bank via the guarantee, those who blagged a BBL and took the insolvency route are being hit with long disqualifications when their wrongdoing comes to light, which is usually does at liquidation, as this case highlights. […]

Providing False Information to Obtain a Lloyds Bank Bounce Back Loan and Leaving it Owing at Liquidation Leads to a Company Director Getting a 10 Year Disqualification

February 20, 2023

This case, which has just resulted in the Company Director named being given a 10 year ban, involves a Lloyds Bank issued Bounce Back Loan that was never repaid. […]

Having Not Given the Liquidator Any Company Records They Were Unable to Work Out if a Bounce Back Loan Was Used for the Benefit of the Business Resulting in a 7 Year Ban for the Company Director

February 20, 2023

Here is the story that led to the Company Director named being given a 7 year ban. […]

Blagging Metro Bank Out of a £50k Bounce Back Loan By Over-Egging His Business Turnover and Not Using £40k of it for the Benefit of His Business a Company Director is Given a 9 Year Ban

February 15, 2023

Here is the story behind a £50k Metro Bank Bounce Back Loan that turned sour. […]