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Exhibit D: Processing Summary — Case 1:24-cv-02001-JLR, Document 1-4

Summary

Exhibit D, Document 1-4 in Case 1:24-cv-02001-JLR, filed March 18, 2024, is a Biz2Credit Processing Summary for Paycheck Protection Program applications. It states that Biz2Credit PPP submissions are successful into SBA 75% of the time and that an SBA decision does not guarantee that a loan will be approved. It describes Biz2Credit as the number one processor in the country. A disclaimer says PPP loan applications are subject to Business Finance Terms and Conditions and to SBA eligibility requirements, and that Biz2Credit is not a lender.

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Date
2024-03-18

Cite this document

“Exhibit D: Processing Summary — Case 1:24-cv-02001-JLR, Document 1-4.” Dated 2024-03-18. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/1-4-fa0d7e3655/, SHA-256 6b460a61cccc33402d3824c06dd119d7573204dd6f1efbe40af79e0fb98c1bfb.

Full text

Case 1:24-cv-02001-JLR Document1-4 Filed 03/18/24 Page1of2

Exhibit D
Page 2 of 2

Filed 03/18/24

Case 1:24-cv-02001-JLR Document 1-4

Processing Summary

Processing Time

12- T 4 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
guarantee that your loan will be approved, or
that the SBA will accept the full application
amount. All PPP loans subject to program
eligibility requirements and application
verification.

Total Volume

$4.22;

total Biz2Credit approved as of 2/23
#1 processor in the country

Disclaimer: Your Paycheck Protection Program (PPP) loan application is subject to our Business Finance Terms and Conditions. Please note that your proposed PPP loan is also subject to
SBA eligibility and other requirements including documentation and size requirements, and subject to the availability of PPP funds and overall demand for PPP funding. PPP loans are
issued at the sole discretion of the lender and the SBA in accordance with their respective rules and other federal guidelines. Approved PPP loans are governed by definitive
documentation of the lender, which incorporate PPP terms and conditions. Biz2Credit is not a lender.

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