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Exhibit C, Biz2Credit PPP, Processing Summary — Case 1:24-cv-02001-JLR (Document 1-3)

Summary

Exhibit C, filed 03/18/24 as Document 1-3 in Case 1:24-cv-02001-JLR, reproduces a Biz2Credit PPP 'Processing Summary.' It says Biz2Credit PPP submissions are successful into SBA 75% of the time, cites proactive error resolution with SBA via technology, and shows a total volume of $1.95B approved as of 2/8. A note says an SBA decision does not guarantee that a loan will be approved or that the SBA will accept the full application amount.

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Date
2024-03-18

Cite this document

“Exhibit C, Biz2Credit PPP, Processing Summary — Case 1:24-cv-02001-JLR (Document 1-3).” Dated 2024-03-18. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/1-3-bf80d97206/, SHA-256 af25650b336ab8e3c7458b0f674cb49641576829920fd54a2097358021544f95.

Full text

Case 1:24-cv-02001-JLR Document1-3 Filed 03/18/24 Page1of2

Exhibit C
Page 2 of 2

Filed 03/18/24

Case 1:24-cv-02001-JLR Document 1-3

Processing Summary

Processing Time

T O- T 2 Bus. Days

current average processing time
required for verification and loan
closing prior to disbursement

Submission Success

Biz2Credit PPP submissions are
successful into SBA 75% of the time.

Proactive error resolution with SBA
via technology means higher
likelihood of receiving an SBA
decision faster.

Please note: An SBA Decision does not
gucrantee that your loan will be cpproved, or
that the SBA will accept the full application
amount All PPP loans subject to program
eligibility requirements and application
verification.

Total Volume

$1.95:

total Biz2Credit approved as of 2/8

File and source

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1-3.pdf
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SHA-256
af25650b336ab8e3c7458b0f674cb49641576829920fd54a2097358021544f95
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1-3.pdf
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