July 2023 - Page 21 of 23 - Mr Bounce Back - Bounce Back Loan News - Updates

7 Year Ban for Company Director Who Didn’t Offer Up Any Accounting Records to Prove the Legitimacy of His Company’s Barclays Bounce Back Loan Application and Where the BBL Funds Went

July 7, 2023

Just a 7 year ban for the Company Director named in this case, which would of course have been a much longer ban, if he had produced accounts that proved BBL wrongdoing. […]

Over-Egging Her Corner Shop’s Turnover to Get a £50k Bounce Back Loan Then Taking the Creditors Voluntary Liquidation Route, Leads to a 10 Year Ban

July 6, 2023

Here are the details of another £50k Bounce Back Loan that has turned sour. […]

For Transferring His Company’s HSBC BBL to Himself Therefore Breaching the Rules of the Scheme, a Company Director is Given a 6 Year Ban

July 6, 2023

Here is the story behind another wayward HSBC BBL. […]

Lenient 6 Year Ban Given to Company Director Who Didn’t Use His Company’s Metro Bank Bounce Back Loan for the Benefit of the Business, But Used It for Other Things Instead

July 6, 2023

This is one of the more lenient bans handed out to a Company Director for BBL related wrongdoing. […]

Colluding Co-Directors Split a £50k Santander BBL 50/50 Which They Blagged For Their Company That Wasn’t Eligible for a BBL in the First Place, and Get Slapped with Matching 11 Year Bans After Repaying Less Than £1k

July 6, 2023

Applying for a BBL when their Company wasn’t trading resulted in the Co-Directors named being given matching 11 year bans. […]