A businesswoman spent the majority of her coronavirus loan on herself, after claiming her firm made £130,000 in a year in order to secure the £30,000 Covid 'Bounce Back' credit.
Monica Coyle, 51, has been banned from being a company director for 10 years after spending the majority of the £30,000 Bounce Back Loan (BBL), which she claimed in May 2020.
The UK Government's Insolvency Service said Ms Coyle - who was the president of Ayrshire Business Women - personally gained from at least £26,861 in payments from the loan.
