April 2023 - Page 24 of 27 - Mr Bounce Back - Bounce Back Loan News - Updates

For Over-Egging His Business Turnover to Bag a Bounce Back Loan from Santander and Allowing a Former Director to Access an Unused Company Bank Account to Blag a Second BBL a Company Director is Given an 8 Year Ban

April 6, 2023

An unusual case, but one must wonder why the second bank that fired out a BBL didn’t check the shared industry database that was in place to prevent the second BBL being paid out, read on to find out more. […]

Transferring Most of His Company’s NatWest Bounce Back Loan to Himself Sees a Company Director Being Given a Somewhat Lenient 7 Year Disqualification

April 6, 2023

All things considered regarding the listed wrongdoing; the 7 year ban the Company Director named in this case is now starting is quite lenient. […]

Trading to the Detriment of HMRC Along with Leaving a £50k Barclays Bank Bounce Back Loan Unpaid Sees a Company Director Slapped with a 4 Year Ban

April 6, 2023

A 4 year ban has just been handed out for the wrongdoing listed in this case which involves a £50k Barclays BBL. […]

Lloyds Bank Failed to Check if a Company Had Been Given a Bounce Back Loan and Ended Up Paying £50k to a Company That Already Had a Yorkshire Bank £35k BBL. Upshot is the Director Has Been Given an 11 Year Ban

April 5, 2023

Surprised Lloyds Bank approved the second BBL this Company Director blagged, for if you recall the Shared Industry Database was set up by the date of the second application, which banks had to check before firing out any BBL’s. […]

Blagging a £35k Bounce Back Loan From Starling Bank For His Company That Was Dormant with No Income Sees a Company Director Slapped with an 11 Year Disqualification

April 5, 2023

Here is the story behind an 11 year ban for getting and not repaying a £35k BBL from Starling Bank, for his business that had not a penny piece in income and was in fact dormant. […]