Court filing

Exhibit 4a Bank Return of Funds Compilation Part 1 — Marshall v. Prestamos CDFI, LLC (Dkt. 142-6, E.D. Pa. No. 5:21-cv-04337)

Summary

Exhibit 4a, part one of a chart and compilation of documents on why class representatives' banks returned loan disbursements to Prestamos, filed 10/04/24 as Document 142-6 in Marshall v. Prestamos CDFI, LLC, Case 5:21-cv-04337-JMG in the U.S. District Court for the Eastern District of Pennsylvania. For each named plaintiff, the chart lists the ACH return code and the reason given. It says Kristina Henderson's institution refused all loan disbursements into personal accounts, and that Dave accounts used by Alicia Marshall and Lametria Marvel are only for personal, family or household purposes. It says John Martin's credit union would not accept the loans without a business account, while other banks, including Bank of America, did not give specific reasons. Deposition excerpts and account terms are cited as support.

Summary drafted by a model from the document's text below and checked by script against that text before publication. It is a navigation aid, not a reading of what the document proves. Where AI is used

Filed October 4, 2024 in Marshall v. Prestamos CDFI, LLC; one of 373 filings from this case.

Record facts

Court	U.S. District Court for the Eastern District of Pennsylvania
Filed	2024-10-04

Cite this document

“Exhibit 4a Bank Return of Funds Compilation Part 1 — Marshall v. Prestamos CDFI, LLC (Dkt. 142-6, E.D. Pa. No. 5:21-cv-04337).” U.S. District Court for the Eastern District of Pennsylvania, No. 5:21-cv-04337-JMG, Doc. 142-6, filed 2024-10-04. Archived at Pandemic Darlings, https://pandemicdarlings.com/court-filings/full-docket-marshall-prestamos-paed-589575/2024-10-04-gov-uscourts-paed-589575-142-6-gov-uscourts-paed-589575-142-6/, SHA-256 1a7d67280ae3e0355d456c8b5b6d3d2d59d1816ce1086b236c731980535bd71a.

Search CourtListener for this docket number

Full text

Ex. 4 – Chart and Compilation of Documents re: 
Reasons Class Representatives’ Banks Returned 
Disbursements of PPP Funds to Prestamos 
 
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 1 of 20

 
 
BANK RETURN OF FUNDS CHART 
Plaintiff 
ACH Return 
Code1 
ACH Return Code 
Official Title2 
Return of Funds Detail 
Bradley Smith, 
Sharon 
R03 
No Account/Unable 
to Locate Account 
Borrower’s financial institution (Shell Federal Credit Union) did not 
identify specific reasons PPP loan disbursement was returned.3 
Henderson, 
Kristina 
R03 
No Account/Unable 
to Locate Account 
Borrower’s financial institution refused to accept any PPP loan 
disbursements into personal accounts.4 
Horne, Jahbrael 
R03 
No Account/Unable 
to Locate Account 
Borrower’s financial institution (Bank of America) did not identify 
specific reasons PPP loan disbursement was returned.5 
Johnson, Alyshia 
R16 
Account Frozen 
Borrower’s financial institution (Republic Bank & Trust) was “not 
designed for business use.”6 
Jones, Jamie 
R23 
Credit Entry Refused 
by Receiver 
Borrower’s financial institution (BMO Harris Bank NA) did not 
identify specific reasons PPP loan disbursement was returned. 
Lloyd, Gregory 
N/A 
N/A 
 
 
 
 
7 
Marshall, Alicia 
R23 
Credit Entry Refused 
by Receiver 
Borrower’s financial institution (Dave) is only “for personal, family, 
or household purposes and . . . may not be . . . use for business 
purposes.”8 
Martin, John 
R17 
File Record Edit 
Criteria 
Borrower’s financial institution (America First Credit Union) did not 
accept PPP loans because Borrower did not have a business account.9  
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 2 of 20

 
 
Marvel, Lametria 
R23 
Credit Entry Refused 
by Receiver 
Borrower’s financial institution (Dave) is only “for personal, family, 
or household purposes and . . . may not be . . . use for business 
purposes.”10 
Townsend, Paris 
R23 
Credit Entry Refused 
by Receiver 
 
 
 
 
 
 
 
14 
Ahmadou, 
Kolawole15 
R23 
Credit Entry Refused 
by Receiver 
 
16  
 
17  
 
 
 
18  
 
19   
 
 
1 Documentation identifying the ACH return code associated with each class representative is found at Ex. 3. 
2 Additional information concerning ACH return codes, including the official title of each, can be found at Page Nos. 1-16 of the 
accompanying compilation of source documentation (the “Accompanying Compilation.”) (EVOLVE-00000073). 
3 Accompanying Compilation at 17-18 (S. Smith Bradley Dep.) at 84:14-25 (“Q: And what did the bank tell you? A: They didn’t 
receive a wire into my account for $12,500.”). 
4 Id. at 19-20 (K. Henderson Dep.) 86:10-13 (“Q: So you had a phone call with your bank and they told you that they rejected all PPP 
loan funds on any personal account; is that accurate?  A: That is accurate.”); Id. at 21 (PSCU-00000125). 
5 Id. at 22-24 (J. Horne Dep.) at 140:15-141:3. 
                                                 
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 3 of 20

 
 
                                                                                                                                                                                                                         
6 Id. at 25-26 (A. Johnson Dep. Ex. 8 Excerpts) at 5 (“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.”). 
7 Id. at 27-30 (G. Lloyd Dep. Ex. 2 Excerpts) at ’94-96; Id. at 31-32 (G. Lloyd Dep.) at 36:9-37:22. 
8 Id. at 33 (Dave Spending Account Deposit Agreement and Disclosures) § I.B. 
9 Id. at 34-35 (J. Martin Dep.) at 56:2-14 (“[T]he letter from the bank was basically saying that . . . we can’t receive business loans on 
a personal account, so we have to return the funds.”).  
10 Id. at 33 (Dave Spending Account Deposit Agreement and Disclosures) § I.B. 
11 Id. at 36 (P. Townsend Dep. Ex. 14). 
12 Id. at 37 (P. Townsend Dep. Ex. 15). 
13 Id. at 38 (P. Townsend Dep. Ex. 17). 
14 Id. at 39 (P. Townsend Dep. Ex. 16). 
15 Although Plaintiffs voluntarily dismissed Ahmadou as a class representative, he was dismissed after his deposition was taken and 
his situation is emblematic of the diverse circumstances under which putative class members’ banks returned Prestamos’s 
disbursements of PPP funds. 
16 Id. at 40 (K. Ahmadou Dep. Ex. 11).  
17 Id. 
18 Id. at 41 (K. Ahmadou Dep. Ex. 12). 
19 Id. at 40 (K. Ahmadou Dep. Ex. 11). 
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 4 of 20

1
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 5 of 20

2
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 6 of 20

3
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 7 of 20

4
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 8 of 20

5
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 9 of 20

6
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 10 of 20

7
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 11 of 20

8
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 12 of 20

9
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 13 of 20

10
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 14 of 20

11
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 15 of 20

12
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 16 of 20

13
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 17 of 20

14
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 18 of 20

15
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 19 of 20

16
Case 5:21-cv-04337-JMG     Document 142-6     Filed 10/04/24     Page 20 of 20

File and source

File: gov.uscourts.paed.589575.142.6.pdf
Size: 11,823,082 bytes
SHA-256: 1a7d67280ae3e0355d456c8b5b6d3d2d59d1816ce1086b236c731980535bd71a
Our copy: gov.uscourts.paed.589575.142.6.pdf
Original: PACER (login required)