Kabbage - First Notice of Satisfaction of Certain Claims As Filed
- Date
- 2023-02-21
Summary
Exhibit A, Satisfied Claims, filed February 21, 2023 as Doc 560-1 in the case of Kabbage, Inc. d/b/a KServicing, Case 22-10951-CTG. The three-page exhibit lists three claims against Kabbage, Inc. d/b/a KServicing, each with its claim number, filing date, amount and the Debtors' reason for treating it as satisfied. For a PPP Loan borrower's claim of $10,609.56, the table states the Debtors issued a refund by direct deposit on November 22, 2022. For a staffing claim of $2,520.00 by Major, Lindsey & Africa, LLC, it states payment was made on December 12, 2022 under the Wages Motion. For the Pennsylvania Department of Revenue's tax claim of $34,079.52, it states the Debtors paid $33,554 on December 15, 2022 and later paid an additional $525.52.
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Full text
Case 22-10951-CTG Doc 560-1 Filed 02/21/23 Page 1 of 3
Exhibit A
Satisfied Claims
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Case 22-10951-CTG Doc 560-1 Filed 02/21/23 Page 2 of 3
Satisfied Claims
Claim
# Name of Claimant Date File Debtor Name Claim Amount1 Reason for Satisfaction
Number
The basis asserted for the claim is “payments
made to the principal on PPP Loan, after notice
of default filed and before forgiveness was
issued.” In support of the claim, the claimant
attached an account statement reflecting a
balance of $10,689.45. After a review of their
$0.00 (A) books and records, the Debtors determined that
Kabbage, Inc. d/b/a $0.00 (S) the claimant was a borrower of a Paycheck
1 Barbara R. Simon 11/05/2022 951‐17 Protection Program loan (“PPP Loan”)
KServicing $10,609.56 (P)
$0.00 (U) serviced by the Debtors and the claimant made
$10,609.56 (T) payments on behalf of her PPP Loan after the
loan had been forgiven by the Small Business
Administration. The Debtors issued a refund to
the claimant via direct deposit on November 22,
2022 in the amount of $10,609.56 satisfying the
claim in full.
$0.00 (A) The basis asserted for the clam is “staffing
services provided”. On December 12, 2022, the
Kabbage, Inc. d/b/a $0.00 (S)
2 Major, Lindsey & Africa, LLC 11/30/2022 951‐134 Debtors paid the claimant $2,520.00 via direct
KServicing $2,520.00 (P) deposit under the Wages Motion2 satisfying the
$0.00 (U) claim in full (ACH routing number 052001633).
$2,520.00 (T)
The basis asserted for the claim is “Taxes owed
$0.00 (A) to the State of Pennsylvania”. In support of the
claim, the claimant filed supporting
Kabbage, Inc. d/b/a $0.00 (S)
3 Pennsylvania Department of Revenue 12/28/2022 951-223 documentation showing the tax claim is for a
KServicing $34,079.52 (P) corporate income tax and interest owed for the
$0.00 (U) 2021 tax period. On December 15, 2022 the
$34,079.52 (T) Debtors paid the claimant $33,554 via cashier’s
check (check no. 1000830490) and on January
1
(A) - Administrative, including 503(b)(9); (S) - Secured; (P) - Priority; (U) - Unsecured; (T) – Total.
2
See Motion of Debtors for Entry of Interim and Final Orders (I) Authorizing Debtors to (A) Pay Prepetition Wages, Salaries, Employee Benefits, and Other Compensation
and (B) Maintain Employee Benefit Programs and Pay Related Obligations and (II) Granting Related Relief (the “Wages Motion”) [Docket No. 10]. The final order was
entered on November 2, 2022 at Docket No. 194.
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Case 22-10951-CTG Doc 560-1 Filed 02/21/23 Page 3 of 3
Claim
# Name of Claimant Date File Debtor Name Claim Amount1 Reason for Satisfaction
Number
12, 2023, the Debtors paid the claimant an
additional $525.52 via cashier’s check (check
no. 1000893035) satisfying the claim in full
(Check numbers 1000830490 and 1000893035).
2
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File and source
- File
- gov.uscourts.deb.188293.560.1.pdf
- Size
- 182,383 bytes
- SHA-256
- 97fc7bf31dbc69f41708d2764d728d71b00f7bd542247e03398a3d62c31d91b8
- Original
- archive.org