PPP lender · derived table
Kabbage, Inc.
Profile → Kabbage / K Servicing
Kabbage, Inc. appears in the SBA PPP loan-level file with 179,818 loans and $3.3 billion in approved dollars, an average of $18,480 a loan. That is 1.6% of the 11,468,171 loans the file records, rank 42 of the 500 largest lenders by approved dollars and rank 12 by loan count. Borrowers on those loans reported 421,735 jobs, 2.3 a loan, and $7,879 of approved dollars for each reported job. 434 pages in the archive carry the name in a title or description. It is named in Womply's PPP lender network by Basic Facts on the Coverage of the Paycheck Protection Program (November 2023). Its loans are not in the archive's Womply loan count, which counts loans from 2021, when Womply's PPP Fast Lane operated, and leaves Kabbage out.
Totals
| Loans | 179,818 |
| Approved dollars | $3,323,050,755.34 |
| Average loan | $18,480.08 |
| Share of program loans | 1.568% |
| Platform network | partner lender of Womply (2020 only) |
| Rank by approved dollars | 42 of 500 |
| Rank by loan count | 12 of 500 |
| Jobs reported | 421,735 |
| Jobs per loan | 2.3453 |
| Approved dollars per reported job | $7,879.48 |
| Borrowers | 169,695 |
| Loans per borrower | 1.06 |
| Lender type (archive classification) | Fintech / BaaS bank |
| Modeled processing fees | $188,096,873.32 |
| Modeled fees, 2020 first-draw loans | $145,998,444.27 |
| Modeled fees, 2021 first-draw loans | $0 |
| Modeled fees, 2021 second-draw loans | $42,098,429.05 |
| Modeled fee per loan | $1,046.04 |
| Rank by modeled fees | 30 of 4,688 originating lenders |
Named in the archive
434 pages in the archive carry this name in a title or description; the 50 most recent are listed. The match is on the page title and description, not a finding about the lender's role in the case.
Cases
Each case below is listed because a filing in it carries this lender's name in its title or description; the listing is not a finding against the lender.
- In re KServicing Wind Down Corp., et al. — U.S. Bankruptcy Court, D. Del.50 filings listed below
- Carr v. Kabbage, Inc. d/b/a K Servicing — U.S. District Court, N.D. Ga.
- Carr v. Kabbage, Inc. — U.S. District Court, N.D. Ga., No. 1:22-cv-01249
- Pietschner v. Kabbage, Inc. — U.S. District Court, E.D. Tex., Sherman Division
Filings and documents
Data and method
Totals come from SBA's PPP loan-level file (FOIA release of 2024-09-30); ranks are among its 4,688 named originating lenders. Modeled fees are computed loan by loan from SBA's published fee schedule, because SBA never published what it paid each lender. Jobs are self-reported; dollars are approved, not disbursed; the totals leave out 39 source rows. The per-lender totals page has the full method.