Court filing
Exhibit 4b Bank Return of Funds Compilation Part 2 — Marshall v. Prestamos CDFI, LLC (Dkt. 142-7, E.D. Pa. No. 5:21-cv-04337)
Filed July 19, 2024 in Marshall v. Prestamos CDFI, LLC; one of 344 filings from this case.
Record facts
| Court | U.S. District Court for the Eastern District of Pennsylvania |
|---|---|
| Filed | 2024-07-19 |
U.S. District Court for the Eastern District of Pennsylvania · No. 5:21-cv-04337-JMG · Doc. 142-7 · 2024-07-19 · Docket on CourtListener
Full text
Deposition of Sharon Bradley Smith
Alicia Marshall, et al. v. Prestamos CDFI, LLC
215-341-3616 transcripts@everestdepo.com
Everest Court Reporting LLC
Page: 1 (1)
1
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
2
3
ALICIA MARSHALL, et. al. )
4
individually and on behalf of )
all others similarly situated, )
5
)
Plaintiffs, )
6
vs. ) Case No.
) 5:21-cv-04337-JMG
7
PRESTAMOS CDFI, LLC., )
)
8
Defendant. )
9
10
11
12
13
REMOTE DEPOSITION OF SHARON BRADLEY SMITH
14
Friday, July 19, 2024
15
Houston, Texas
16
11:03 a.m.
17
18
19
20
21
22
Reported By: TRICIA J. LATHOURIS, CSR, RPR
23
24
17
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 1 of 13
Page 83
1 This is where you indicated your bank
2 account; correct?
3 A Yes.
4 Q And is that because you would have needed
5 to identify your bank account to Blue Acorn so that
6 they could direct where the money would be
7 deposited; is that right?
8 A Correct.
9 Q How did you decide what bank account to
10 identify here?
11 A Repeat your question.
12 Q Sure.
13 Did you list the Shell Federal Credit Union
14 because that was the only account you had?
15 A That is the account that I worked off of my
16 businesses and my personal.
17 Q Okay. And I believe you said you had no
18 other account at that time; right?
19 A Correct.
20 Q Did you make any efforts to verify whether
21 this account could receive business loans?
22 A No.
23 Q I know we scrolled through the document a
24 bit.
Page 84
1 But you signed all the loan documents that
2 Blue Acorn required you to sign; correct?
3 A Yes.
4 Q And I think you said that Blue Acorn told
5 you that you were going to be funded?
6 A Yes.
7 Q Did they tell you when those funds would be
8 deposited or how soon?
9 A Within -- within three to five business
10 days.
11 Q And did you receive the PPP loan funds that
12 you believe you were owed?
13 A No.
14 Q Did any of the loan funds you applied for
15 ever reach your bank account?
16 A No.
17 Q And when did you first discover this?
18 A After day five.
19 Q And did you reach out to your bank about it
20 at all?
21 A Yes.
22 Q And what did the bank tell you?
23 A They didn't receive a wire into my account
24 for $12,500.
Page 85
1 Q And that was the amount you expected to be
2 funded; correct?
3 A Correct.
4 Q Did Blue Acorn tell you why you hadn't
5 received the funds?
6 A No.
7 Q Did you contact Prestamos?
8 A Yes.
9 Q How?
10 A Phone. Sometimes email.
11 Q Okay. And were you able to get a hold of
12 anybody?
13 A I did.
14 Q At Prestamos?
15 A Yes.
16 Q Okay. Do you remember who you talked to?
17 A No.
18 Q Was it on the phone, or was it by email?
19 A It was over the phone.
20 Q Okay. Tell me about that conversation.
21 A I asked where was my --
22 Q What you recall.
23 A -- what I can recall -- where was the loan,
24 and at that time she just told me to wait.
Page 86
1 Sometimes there have been a few. So I gave it a few
2 more days, three extra days and I called back, and a
3 black card was presented to me because she says
4 maybe my bank didn't want to receive the loan, so
5 she told me that she will send me some type of black
6 card and my funds will be on that card.
7 Q Okay.
8 A And I never received it.
9 Q Okay.
10 MR. ARELLANO: I'm going to turn to another
11 document I'm going to show you. This is marked as
12 our Exhibit 18.
13 (Exhibit 18 marked for identification.)
14 MR. ARELLANO: It's an Excel spreadsheet, so
15 bear with me just a second here until I get to your
16 line.
17 BY MR. ARELLANO:
18 Q I'll represent to you this is a document we
19 received from Evolve Bank that showed the various
20 reasons that certain funds might not have reached
21 the account. And if we go to line 951, as you can
22 see, I highlighted where it has your name, "Sharon
23 Smith" here in the middle.
24 Do you see that?
Deposition of Sharon Bradley Smith
Alicia Marshall, et al. v. Prestamos CDFI, LLC
215-341-3616 transcripts@everestdepo.com
Everest Court Reporting LLC
Page: 26 (83 - 86)
18
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 2 of 13
Deposition of Kristina Henderson
Alicia Marshall, et al. v. Prestamos CDFI, LLC
215-341-3616 transcripts@everestdepo.com
Everest Court Reporting LLC
Page: 1 (1)
1
IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
2
3
ALICIA MARSHALL, et. al., )
4
individually and on behalf of )
all others similarly situated, )
5
)
Plaintiffs, )
6
vs. )Case No.
)5:21-cv-04337-JMG
7
PRESTAMOS CDFI, LLC., )
)
8
Defendant. )
9
10
11
REMOTE DEPOSITION OF KRISTINA HENDERSON
12
Friday, August 23, 2024
13
Detroit, Michigan
14
15
16
17
18
19
20
21
Reported By: TRICIA J. LATHOURIS, CSR, RPR
22
JOB NO. 31665
23
24
19
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 3 of 13
Page 86
1 on your loan application; is that correct?
2 A That is correct.
3 Q At that time, did you also have an account
4 under Godsgirl?
5 A Yes. Lili.
6 Q But you chose to have the funds deposited
7 into your personal account rather than the funds for
8 Godsgirl?
9 A Yep.
10 Q So you had a phone call with your bank and
11 they told you that they rejected all PPP loan funds
12 on any personal account; is that accurate?
13 A That is accurate.
14 Q And that was a phone call?
15 A That was a phone call.
16 Q Did you ever exchange any emails with
17 anybody at that time?
18 A No.
19 Q Any online chats with anybody at that time?
20 A No. It was a phone call.
21 Q After your phone call with the bank, there
22 were, then, communications with Blue Acorn; is that
23 correct?
24 A Correct.
Page 87
1 Q And did you initiate that communication?
2 A Yes. I immediately -- like when I saw that
3 the funds were sent back, I immediately opened up
4 the -- because there is no way to call anyone, so I
5 immediately sent a -- they only had chat, so I
6 immediately opened up a ticket to let them know,
7 like, hey, my funds got sent back. Is there a way
8 to switch it over?
9 So they did -- like, when they finally --
10 it took a few -- I would say it took a few weeks, to
11 be honest, because I don't believe it being like
12 right away, but I know that it took a few weeks for
13 them to state that, okay, once they did receive the
14 funds, then they'll be able to -- then they'll allow
15 you to update your bank account information.
16 But that took a long -- that took a while.
17 I believe that was a few weeks.
18 Q Those communications --
19 (Simultaneous cross-talk - inaudible.)
20 Q Sorry.
21 A Go ahead.
22 Q Those communications with Blue Acorn were
23 via ticket chats; is that correct?
24 A Yes. Yes.
Page 88
1 Q Was there ever any emails exchanged between
2 yourself and Blue Acorn?
3 A No. It was always on their website through
4 ticket chats. There was like a chat.
5 Q Do you still have any records of those
6 chats?
7 A Yep. I sent them all in because I took
8 screenshots of everything.
9 Q And you said at one point Blue Acorn
10 requested that you submit additional documentation;
11 is that correct?
12 A Yep. Like after I -- after they allowed me
13 to update my bank account information, so -- because
14 that was the only stuff that they needed me to do
15 was to update my bank account information.
16 After I updated my bank account
17 information, then I was waiting on the funds to be
18 redeposited into the business account, and then
19 nothing happened after that.
20 So, like, they asked for additional
21 information, and then so I sent that information in,
22 and I didn't understand -- I'm, like, you guys have
23 all of everything that you requested, so it didn't
24 really make sense to me why they were asking for
Page 89
1 additional information, and then out of nowhere it
2 just says that my loan was denied.
3 Q Do you remember what additional information
4 you submitted?
5 A Yes. It asked -- I just submitted my -- I
6 just submitted the -- I just submitted my Articles.
7 I believe I submitted that. Whatever information
8 that they asked for, I submitted.
9 Q So you believe you submitted your Articles
10 of Incorporation; is that correct?
11 A Uh-huh. I believe I did submit that.
12 Q Do you remember submitting additional tax
13 forms?
14 A I don't remember submitting additional tax
15 forms. To be honest, I don't remember.
16 Q And it was after you submitted those
17 documents that Blue Acorn informed you that the loan
18 would be denied; is that correct?
19 A So I didn't hear anything for a long time,
20 like weeks, and then -- and I knew that it was close
21 to where the -- I knew that there was like a cutoff
22 time for the PPP, so I knew that there was a cutoff
23 time, so getting close to that date.
24 And then out of nowhere, it just got
Deposition of Kristina Henderson
Alicia Marshall, et al. v. Prestamos CDFI, LLC
215-341-3616 transcripts@everestdepo.com
Everest Court Reporting LLC
Page: 26 (86 - 89)
20
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 4 of 13
21
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 5 of 13
Deposition of Jahbrael Horne
Alicia Marshall, et al. v. Prestamos CDFI, LLC
215-341-3616 transcripts@everestdepo.com
Everest Court Reporting LLC
Page: 1 (1)
1
IN THE UNITED STATES DISTRICT COURT
2
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
3
4
ALICIA MARSHALL, et :
5
al., individually and :
on behalf of all :
6
others similarly :
situated, :
7
Plaintiff :
:
8
: Case No.
VS : 5:21-cv-04337-JMG
9
:
:
10
PRESTAMOS CDFI, LLC, :
Defendant :
11
12
13
14
DEPOSITION OF: JAHBRAEL HORNE
15
BEFORE: ALISON N. SALLEY, RPR
16
NOTARY PUBLIC
17
DATE: AUGUST 8, 2024, 9:58 A.M.
18
PLACE: REMOTE
19
20
21
22
23
24
25
22
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 6 of 13
Page 137
1 A. That they -- that they tried to send it? No, I
2 don't think that I have the letter.
3 Q. Okay. But you got a letter saying we tried to
4 send you the money but your bank wouldn't accept it,
5 something like that?
6 A. From what I can remember. I'm not a hundred
7 percent sure that's what the letter said exactly, but --
8 or the letter just said they was going to pay me. It
9 could have been -- said that they was going -- I don't
10 remember what the letter said, but they said that they
11 was -- they were going to pay me --
12 Q. What you said to me a minute ago is --
13 A. -- at a later date.
14 Q. I said how did you find out you were not
15 getting the loan, and you said --
16 A. That I was not getting the loan?
17 Q. Yes.
18 A. That I was not getting the loan at all?
19 Q. Yes, correct.
20 A. I never found out that I was not getting the
21 loan at all.
22 Q. You never found that out?
23 A. No. They told me they was going to pay me the
24 whole time.
25 Q. Okay. Did anybody ask you -- did Blueacorn ask
Page 138
1 you for any additional documents at any time?
2 A. Any additional documents? I mean, they could
3 have.
4 Q. They could have?
5 A. I'm not -- I'm not a hundred percent sure, but,
6 I mean, they could have.
7 Q. Okay. Now, let's mark --
8 A. Like, when are you pertaining to? I mean, I
9 don't know.
10 Q. Well, actually, that's a good question. You
11 applied for the loan on May 28th of 2021.
12 A. Yes.
13 Q. Okay. And how long was it before you heard
14 back from Blueacorn?
15 A. I'm not sure.
16 Q. Was it more or less than a week?
17 A. I'm not sure.
18 MR. ROGERS: I'm going to show you a
19 document that is a -- it's a portion of a
20 spreadsheet and the papers -- we're going to blow
21 this up -- and -- and this is going to be Tab 18.
22 (Whereupon, Tab 18 was marked
23 for identification.)
24 BY MR. ROGERS:
25 Q. And you'll see -- on the left-hand side, you'll
Page 139
1 see it says 6/7/2021.
2 Do you see that?
3 A. Yes.
4 Q. And you see, next to it, 14,165.
5 You see that?
6 A. Yes.
7 Q. That's the amount you applied for, correct?
8 A. Yes.
9 Q. And then you see your name there, right?
10 A. Yes.
11 Q. And then on the right, it says -- the second to
12 last column, it says "return code."
13 Do you see that?
14 A. Yes.
15 Q. Does that refresh your memory that Blueacorn
16 tried to fund your loan but the money was returned?
17 A. I -- they never told me that they tried to fund
18 my loan. I didn't --
19 Q. Okay.
20 A. -- I didn't know it was being funded at all.
21 They told me --
22 Q. And then it says -- under "return description,"
23 it says "No account. Unable to locate account."
24 Do you see that?
25 A. Yeah.
Page 140
1 Q. Is this the first time you are hearing that
2 they could not locate the account?
3 A. Yeah.
4 Q. When you didn't get the money, what did you do?
5 Did you follow up in any way with anyone?
6 A. Yeah, I called them. I contacted them.
7 Q. Who did you call?
8 A. Whatever customer service number I seen was
9 available.
10 Q. Do you remember what business you called?
11 I understand you don't remember the phone
12 number. Customer service for what business? Do you
13 remember?
14 A. Prestamos.
15 Q. Okay. Did you ever contact your bank? And by
16 "your bank," I mean Bank of America, the bank that you
17 told Prestamos to put the money in?
18 A. I believe that I contacted them before.
19 Q. You believe that you contacted Bank of America
20 when you didn't get the money?
21 A. Yeah, I believe so. Because I remember
22 changing --
23 Q. Okay.
24 A. -- I believe I was checking all my banks at
25 that point in time to see if --
Deposition of Jahbrael Horne
Alicia Marshall, et al. v. Prestamos CDFI, LLC
215-341-3616 transcripts@everestdepo.com
Everest Court Reporting LLC
Page: 38 (137 - 140)
23
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 7 of 13
Page 141
1 Q. Okay. Do you remember anything about that
2 conversation with Bank of America?
3 A. No.
4 Q. Okay.
5 MR. ROGERS: Let's mark what I have as
6 21 -- this is going to be Tab 19.
7 (Whereupon, Tab 19 was marked
8 for identification.)
9 BY MR. ROGERS:
10 Q. This is -- we're going to blow this up. We
11 don't have to look at very much of it.
12 This is a document from Blueacorn. And I just
13 want to orient you. If we're going to scroll down a
14 little bit, we will see a loan number -- SBA loan number.
15 And the SBA loan number is
.
16 Do you see that?
17 A. Yes.
18 Q. And I'll represent to you that that was your
19 loan number. I mean, it's in the documents. I'm not
20 asking you to say yes or no. And then it lists a loan
21 amount.
22 Do you see that?
23 A. Yes.
24 Q. And that's the amount of your loan, correct?
25 A. Yes.
Page 142
1
Page 143
1
Page 144
1
2 A. I mean, it just depends on the record you're
3 asking for. Some people is paid in cash. They'll tell
4 you.
5 Q. I'm asking you if you have any records.
6 A. Me? I don't -- I don't think so.
7 Q. You don't think you have any records?
8 A. I don't think I have any record of most of the
9 cash payments.
10 Q. Okay. Let's go to underwriting notes.
11 So I'm focusing now on the underwriting notes.
12 It says "6/23 must include minimum of nine pages of tax
13 return and include schedule C for approved additional
14 documents." And then it says "additional documentation
15 not accepted 6/17. Need a full tax file."
16 Does this refresh your memory, Mr. Horne, that
17 you were asked by Blueacorn to send them additional
18 documents after the application?
19 A. And they wasn't asking me to send anything. I
20 would contact them.
21 Q. They --
22 A. And they would tell me it's coming.
23 Q. Okay. You never -- other than the initial
24 application, you know, with the Docusign and the note and
25 the documents we've looked at, you sent all those at one
Deposition of Jahbrael Horne
Alicia Marshall, et al. v. Prestamos CDFI, LLC
215-341-3616 transcripts@everestdepo.com
Everest Court Reporting LLC
Page: 39 (141 - 144)
24
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 8 of 13
List of all fees associated with your Brink’s Money Prepaid Mastercard®
Details of All Fees
To Get Started
Card Purchase Fee
$0
No fee for Card Accounts not acquired at a retail location.
$2.95
For initial Card purchase at a retail location. This is a third-
party fee and is subject to change.
Plan Fee Options
Pay-As-You-Go Plan
$0
Monthly Plan
$9.95
Reduced Monthly Plan
$5.00
The Pay-As-You-Go Plan listed above is automatically applied to your Card Account when
you first obtain the Card. You may change your Plan any time by calling 1-877-849-3249 or
by visiting www.brinksprepaidmastercard.com.
The Reduced Monthly Plan is an available Plan option for Card Accounts that receive at
least $500 in Direct Deposit(s) of payroll checks or government benefits in any one (1)
calendar month. Subsequent deposits are not required to keep the Reduced Monthly
Plan option available. Upon qualifying, an eligible Cardholder who is on the Pay-As-You-
Go Plan may call 1-877-849-3249 or visit www.brinksprepaidmastercard.com to change
to the Reduced Monthly Plan; a Cardholder already enrolled in the Monthly Plan will
automatically be changed to the Reduced Monthly Plan.
Per Purchase
Signature Purchase Transaction Fee
Pay-As-You-Go Plan
$1.50
Monthly Plan
$0
Redcued Monthly Plan
$0
Per transaction. During checkout, select “CREDIT” on the keypad to make a Signature
Purchase.
PIN Purchase Transaction Fee
Pay-As-You-Go Plan
$1.50
Monthly Plan
$0
Reduced Monthly Plan
$0
Per transaction. During checkout, select “DEBIT” and enter your PIN to make a PIN
Purchase.
The fees listed below are associated with all Plan Fee options.
Spend Money
Automated Clearing
House (ACH) Payments
$0
Provide the biller with the Issuer’s routing
number and your assigned Account
Number.
Check your Balance
Customer Service
(Automated or Live Agent) $0
No fee for calling Customer Service
(Automated or Live Agent) for
inquiries, including balance inquiries.
1-877-849-3249.
ATM Balance Inquiry Fee –
Domestic
$0.50
Per inquiry. You may also be charged a fee
by the ATM operator.
Balance Inquiry via Online
Account Center
$0
Log in to the Online Account Center at
www.brinksprepaidmastercard.com.
Balance Inquiry via
Anytime Alerts (Email or
Text Message)
$0
Standard text message or data rates may
apply.
Withdraw Cash
Over-the-Counter (“OTC”)
Withdrawal Fee at a
Financial Institution
$3.00
Per withdrawal. A fee may also be assessed
by a financial institution that is not a
Mastercard-member financial institution.
1
Exhibit 8
Johnson 8/12/2024 A.R.
25
337-JMG Document 142-7 Filed 10/04/2
for telephone or online transactions, without needing to present your Card. “We,” “us,”
and “our” mean the Bank our successors, affiliates or assignees. “Netspend” refers to
Netspend Corporation, the servicer for the Brink’s Money Prepaid Mastercard program and
Brink’s Mastercard Virtual Account program, and its successors, affiliates, or assignees. Any
request for a Card or Virtual Account will be processed by Netspend, acting on our behalf
as a registered agent, at its offices located in Austin, Texas. “You,” “your,” “Cardholder,” and
“Primary Cardholder” refer to the person who submits an initial request for the Card and
is authorized to use the Card as provided for in this Agreement. “Secondary Cardholder”
refers to the person or persons who have received the Card at the request of the Primary
Cardholder and are authorized to use the Card as provided for in this Agreement. In order
to become a Cardholder, you must be an individual who can lawfully enter into and
form contracts under applicable law in the state in which you reside. Unless it would be
inconsistent to do so, words and phrases used in this Agreement should be construed so
that the singular includes the plural and the plural includes the singular.
You acknowledge and agree that the value available in your Card Account is limited
to the funds that you have loaded into your Card Account or have been loaded into
your Card Account on your behalf. By activating or loading your Card, Card Account,
or Virtual Account, you agree to be bound by the terms and conditions contained in
this Agreement, including the Inactivity Fee and other fees listed in the Fee Schedule.
You and any Secondary Cardholder(s) agree to sign the back of each respective Card(s)
immediately upon receipt.
The expiration date of your Card is identified on the front of the Card. The expiration
date of any Virtual Account you have requested is described below in the section labeled
“Virtual Account.” The Card is a prepaid card. The Card is not a gift card, nor is it intended
to be used for gifting purposes. The Card is not a credit card. The Card is not for resale.
You are the direct beneficiary of the funds loaded to your Card Account. The funds in
your Card Account will be FDIC insured upon our receipt, up to the maximum amount
allowed by law, provided your Card is Registered with us (for more information, see the
section labeled “Opening a Card Account (Identity Verification); Registration/Activation”).
You will not receive any interest on your funds in your Card Account. The Card will remain
our property and must be surrendered upon demand. The Card and Virtual Account
are nontransferable and may be canceled, repossessed, or revoked at any time without
prior notice subject to applicable law. The Card and Virtual Account are not designed for
business use, and we may close your Card Account if we determine that it is being used for
business purposes. We may refuse to process any transaction that we believe may violate
the terms of this Agreement or applicable law.
Your Card Account does not constitute a checking or savings account and is not
connected in any way to any other account, except as described in the section labeled
“Virtual Account” or as may otherwise be indicated in any other account agreements you
have entered into with us.
Write down your Card Number and the Customer Service phone number provided in this
Agreement on a separate piece of paper in case your Card is lost, stolen, or destroyed.
Keep the paper in a safe place. Please read this Agreement carefully and keep it for
future reference.
OPENING A CARD ACCOUNT (IDENTITY VERIFICATION);
REGISTRATION/ACTIVATION
You will need to provide personal information in order for us to verify your identity and
the identity of any Secondary Cardholder (“Register”). Both the Primary Cardholder and
Secondary Cardholder must Register and activate the Card before it can be used. To be
eligible to activate your Card Account as a Primary Cardholder, you represent and warrant
that: (a) you are at least 18 years of age; (b) the personal information that you provide to
us is true, correct, and complete; and (c) you have read this Agreement and agree to be
bound by, and comply with, its terms.
Important information for opening a Card Account: To help the federal government
fight the funding of terrorism and money laundering activities, the USA PATRIOT Act
requires us to obtain, verify, and record information that identifies each person who
opens a Card Account. WHAT THIS MEANS FOR YOU: When you open a Card Account,
we will ask for your name, address, date of birth, and your government ID number
(e.g., social security number). We may also ask to see your driver’s license or other
identifying information. Card activation and identity verification are required before you
can use the Card Account. If your identity is partially verified, full use of the Card Account
will be restricted, but you may be able to use the Card for in-store purchase transactions.
Restrictions include no ATM withdrawals, international transactions, account-to-account
transfers, and additional loads. Use of the Card Account is also subject to fraud prevention
restrictions at any time, with or without notice. Residents of the State of Vermont are
ineligible to open a Card Account.
5
26
37-JMG Document 142-7 Filed 10/04/2
Exhibit
2
Lloyd 7/24/2024 T.L.
1
Attorney-Client Privilege
LLOYD000087
27
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 11 of 13
Our legal team is handling the Capital One accounts as of now and from my understanding the
escrow account is a part of the review. They have not provided a time frame but we will be in contact
with each account once they hear any updates to the release of the funds.
I will submit your account over to them for review.
Thank you,
Elexis Garcia
Forgiveness Coordinator
P ESTAMOS CDFI
__ ,,
--!C US
Chicanos Por La Causa, Inc. I Prestamos Loans CDFI
1024 E. Buckeye Rd. Suite 270 I Phoenix, AZ 85034
elexis.garcia@cplc.org
Prestamos CDFI: Financial Solutions By Investing In CommunitiesPrestamos CDFI provides
businesses in emerging communities access & opportunities to achieve success in the market by
offering various financial solutions. prestamosloans.com
From: Gregg Lloyd <diablotek79@gmail.com>
Date: Monday, July 25, 2022 at 9:47 AM
To: Elexis Garcia <elexis.garcia@cplc.org>
Subject: Re: gregory lloyd/SBA-
8
LLOYD000094
28
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 12 of 13
Hi Elexis.
I was not able to withdraw any funds, the entre amount was sent back.
Why are they in a escrow account? Can you please explain to me what exactly is the problem/hold
up.
On Mon, Jul 25, 2022 at 11 :07 AM Elexis Garcia <elexis.garcia@cplc.org> wrote:
Hello Gregory,
Thank you for your follow up. We have a legal team handling this situation since there is a great
number of loans with the same situation. All the loans currently held by Capital One are handled as
a group at this time. We have reached some agreements with Capital One and they now moved the
funds from each individual account into an escrow account and have advised our legal team that
the funds will be released soon. We will update you as soon as we have received them. Also, please
let me know how much you were able to withdraw from your account before Capital One froze the
funds. We would need to work on a payment plan or a partial forgiveness application if you were
able to withdraw any of the funds sent to you. I look forward to your prompt response to this email
and thank for your patience through this process.
Kind regards,
Elexis Garcia
Forgiveness Coordinator
Chicanos Por La Causa, Inc. I Prestamos Loans CDFI
9
LLOYD000095
29
Case 5:21-cv-04337-JMG Document 142-7 Filed 10/04/24 Page 13 of 13File and source
- File
- gov.uscourts.paed.589575.142.7.pdf
- Size
- 9,418,712 bytes
- SHA-256
- 3ec9889a904001e4b7308cce58feb9235f92e02fe8549b6156448187bcc4ecd0
- Original
- PACER (login required)