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In re Kabbage (KServicing) — AlixPartners Hours and Fees by Matter Category (May 2023)

Date
2023-07-13

Summary

Doc 895-2 in Case 22-10951-CTG, filed July 13, 2023, is Exhibit A, a description of AlixPartners' hours and fees by matter category for its work for Kabbage, Inc. d/b/a Kservicing. The time entries are dated in May 2023 and record, for each professional, the date, a description of services and the hours. The Chapter 11 Process / Case Management category shows calls on the wind down budget, legacy loan transfer and weekly deliverables, totaling 36.3 professional hours. The Loan Transfer Activities category totals 34.8 hours and $ 29,377.00 in fees, listed by professional and hourly rate. The Travel Time category records 17.5 hours and $ 17,850.00, less 50% travel, for total professional fees of $ 8,925.00.

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Full text

   Case 22-10951-CTG   Doc 895-2   Filed 07/13/23   Page 1 of 34




                          Exhibit A

Description of AlixPartners’ Hours and Fees by Matter Category
                         Case 22-10951-CTG                 Doc 895-2            Filed 07/13/23            Page 2 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Chapter 11 Process / Case Management
Code:              20006554P00002.1.1

DATE               PROFESSIONAL                                     DESCRIPTION OF SERVICES                                   HOURS
05/01/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all           0.5
                                          AlixPartners) to discuss updated wind down budget, legacy loan transfer updates,
                                          and status of weekly deliverables
05/01/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all           0.5
                                          AlixPartners) to discuss updated wind down budget, legacy loan transfer updates,
                                          and status of weekly deliverables
05/01/2023         DCR                    Review and respond to case related emails.                                             0.5
05/01/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all           0.5
                                          AlixPartners) to discuss updated wind down budget, legacy loan transfer updates,
                                          and status of weekly deliverables
05/01/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all           0.5
                                          AlixPartners) to discuss updated wind down budget, legacy loan transfer updates,
                                          and status of weekly deliverables
05/02/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss updated wind down budget, legacy loan
                                          transfer updates, and status of weekly deliverables
05/02/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss updated wind down budget, legacy loan
                                          transfer updates, and status of weekly deliverables
05/02/2023         DCR                    Review and respond to case related emails.                                             0.5
05/02/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss updated wind down budget, legacy loan
                                          transfer updates, and status of weekly deliverables
05/02/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss updated wind down budget, legacy loan
                                          transfer updates, and status of weekly deliverables
05/02/2023         TBT                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss updated wind down budget, legacy loan
                                          transfer updates, and status of weekly deliverables
05/03/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss Chilmark's comments on updated wind down
                                          budget, legacy loan transfer updates, and status of weekly deliverables
05/03/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case      0.4
                                          updates
05/03/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss Chilmark's comments on updated wind down
                                          budget, legacy loan transfer updates, and status of weekly deliverables
05/03/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case      0.3
                                          updates
05/03/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss Chilmark's comments on updated wind down
                                          budget, legacy loan transfer updates, and status of weekly deliverables
05/03/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.5
                                          Perrella (all AlixPartners) to discuss Chilmark's comments on updated wind down
                                          budget, legacy loan transfer updates, and status of weekly deliverables
                         Case 22-10951-CTG                 Doc 895-2            Filed 07/13/23            Page 3 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Chapter 11 Process / Case Management
Code:              20006554P00002.1.1

DATE               PROFESSIONAL                                     DESCRIPTION OF SERVICES                                    HOURS
05/03/2023         TBT                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.           0.5
                                          Perrella (all AlixPartners) to discuss Chilmark's comments on updated wind down
                                          budget, legacy loan transfer updates, and status of weekly deliverables
05/08/2023         AP                     Attend call with J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss      0.4
                                          updated wind down budget assumptions, legacy loan transfer process, and status of
                                          weekly deliverables
05/08/2023         DCR                    Review and respond to case related emails.                                              0.2
05/08/2023         JN                     Attend call with J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss      0.4
                                          updated wind down budget assumptions, legacy loan transfer process, and status of
                                          weekly deliverables
05/08/2023         NL                     Attend call with J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss      0.4
                                          updated wind down budget assumptions, legacy loan transfer process, and status of
                                          weekly deliverables
05/09/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss updated wind down budget assumptions, legacy loan
                                          transfer process, and status of weekly deliverables
05/09/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss updated wind down budget assumptions, legacy loan
                                          transfer process, and status of weekly deliverables
05/09/2023         DCR                    Review and respond to case related emails.                                              0.2
05/09/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss updated wind down budget assumptions, legacy loan
                                          transfer process, and status of weekly deliverables
05/09/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss updated wind down budget assumptions, legacy loan
                                          transfer process, and status of weekly deliverables
05/10/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and status of cash collateral reporting
05/10/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and status of cash collateral reporting
05/10/2023         DCR                    Review cash variance report and wind down budget.                                       0.4
05/10/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and status of cash collateral reporting
05/10/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.6
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and status of cash collateral reporting
05/11/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.5
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and CRB remittance issues
05/11/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all            0.5
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and CRB remittance issues
                         Case 22-10951-CTG                  Doc 895-2            Filed 07/13/23             Page 4 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Chapter 11 Process / Case Management
Code:              20006554P00002.1.1

DATE               PROFESSIONAL                                     DESCRIPTION OF SERVICES                                      HOURS
05/11/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all              0.5
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and CRB remittance issues
05/11/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all              0.5
                                          AlixPartners) to discuss status of wind down budget updates, legacy loan transfer,
                                          and CRB remittance issues
05/12/2023         DCR                    Review and respond to case related emails.                                                0.4
05/15/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.             0.4
                                          Perrella (all AlixPartners) to discuss legacy loan sale updates, board call updates,
                                          and effective date gating items
05/15/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.             0.4
                                          Perrella (all AlixPartners) to discuss legacy loan sale updates, board call updates,
                                          and effective date gating items
05/15/2023         DCR                    Participate in daily Finance team call.                                                   0.2
05/15/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.             0.4
                                          Perrella (all AlixPartners) to discuss legacy loan sale updates, board call updates,
                                          and effective date gating items
05/15/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.             0.4
                                          Perrella (all AlixPartners) to discuss legacy loan sale updates, board call updates,
                                          and effective date gating items
05/15/2023         TBT                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.             0.4
                                          Perrella (all AlixPartners) to discuss legacy loan sale updates, board call updates,
                                          and effective date gating items
05/16/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all              0.5
                                          AlixPartners) to discuss legacy loan transfer status, wind down budget timeline,
                                          and status of weekly deliverables
05/16/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all              0.5
                                          AlixPartners) to discuss legacy loan transfer status, wind down budget timeline,
                                          and status of weekly deliverables
05/16/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all              0.5
                                          AlixPartners) to discuss legacy loan transfer status, wind down budget timeline,
                                          and status of weekly deliverables
05/16/2023         DCR                    Discussion with J.Nelson, D.Rieger-Paganis (both AlixPartners) re: Stoneridge/            0.2
                                          HGC loan portfolio.
05/16/2023         DCR                    Review and respond to case related emails.                                                0.3
05/16/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all              0.5
                                          AlixPartners) to discuss legacy loan transfer status, wind down budget timeline,
                                          and status of weekly deliverables
05/16/2023         JN                     Attend call with J. Nelson, N. Lobiondo (both AlixPartners) to discuss case               0.3
                                          priorities
05/16/2023         JN                     Discussion with J.Nelson, D.Rieger-Paganis (both AlixPartners) re: Stoneridge/            0.2
                                          HGC loan portfolio.
05/16/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, N. LoBiondo, A. Perrella (all              0.5
                                          AlixPartners) to discuss legacy loan transfer status, wind down budget timeline,
                                          and status of weekly deliverables
                         Case 22-10951-CTG                  Doc 895-2           Filed 07/13/23              Page 5 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Chapter 11 Process / Case Management
Code:              20006554P00002.1.1

DATE               PROFESSIONAL                                     DESCRIPTION OF SERVICES                                     HOURS
05/16/2023         NL                     Attend call with J. Nelson, N. Lobiondo (both AlixPartners) to discuss case              0.3
                                          priorities
05/19/2023         JN                     Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss case               0.2
                                          accomplishments summary
05/19/2023         JN                     Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss case               0.2
                                          accomplishments summary
05/22/2023         AP                     Call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella          0.5
                                          (all AlixPartners) to discuss legacy loan sale/transfer open items, wind down
                                          budget timing, and status of April monthly operating report
05/22/2023         DCR                    Call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella          0.5
                                          (all AlixPartners) to discuss legacy loan sale/transfer open items, wind down
                                          budget timing, and status of April monthly operating report
05/22/2023         JN                     Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss case              0.2
                                          updates
05/22/2023         JN                     Call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella          0.5
                                          (all AlixPartners) to discuss legacy loan sale/transfer open items, wind down
                                          budget timing, and status of April monthly operating report
05/22/2023         JN                     Respond to case-related emails                                                           0.5
05/22/2023         NL                     Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss case              0.2
                                          updates
05/22/2023         NL                     Call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella          0.5
                                          (all AlixPartners) to discuss legacy loan sale/transfer open items, wind down
                                          budget timing, and status of April monthly operating report
05/22/2023         TBT                    Call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella          0.5
                                          (all AlixPartners) to discuss legacy loan sale/transfer open items, wind down
                                          budget timing, and status of April monthly operating report
05/23/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case        0.2
                                          updates
05/23/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case        0.2
                                          updates
05/23/2023         JN                     Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss case              0.2
                                          updates
05/23/2023         JN                     Respond to case-related emails                                                           0.4
05/23/2023         NL                     Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss case              0.2
                                          updates
05/24/2023         AP                     Call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to       0.4
                                          discuss legacy loan sale/transfer status and timing of updated wind down budget
05/24/2023         DCR                    Daily update call with I. Heller(all Party City) M. Ellis, T. Grossman, J. Wooding,      0.5
                                          D. DeBassio, P. Windsor, D. Lorenzo, T. Thoroddsen, D. Rieger-Paganis (all
                                          AlixPartners)
05/24/2023         JN                     Call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to       0.4
                                          discuss legacy loan sale/transfer status and timing of updated wind down budget
05/24/2023         NL                     Call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to       0.4
                                          discuss legacy loan sale/transfer status and timing of updated wind down budget
05/24/2023         TBT                    Call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to       0.4
                                          discuss legacy loan sale/transfer status and timing of updated wind down budget
                         Case 22-10951-CTG                 Doc 895-2           Filed 07/13/23            Page 6 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Chapter 11 Process / Case Management
Code:              20006554P00002.1.1

DATE               PROFESSIONAL                                     DESCRIPTION OF SERVICES                                   HOURS
05/25/2023         DCR                    Review and respond to case related emails.                                             0.4
05/26/2023         AP                     Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all               0.3
                                          AlixPartners) to discuss April monthly operating report, wind down budget timing,
                                          and status of legacy loan sale/transfer
05/26/2023         JN                     Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss case            0.4
                                          updates
05/26/2023         JN                     Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all               0.3
                                          AlixPartners) to discuss April monthly operating report, wind down budget timing,
                                          and status of legacy loan sale/transfer
05/26/2023         NL                     Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to discuss case            0.4
                                          updates
05/26/2023         NL                     Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all               0.3
                                          AlixPartners) to discuss April monthly operating report, wind down budget timing,
                                          and status of legacy loan sale/transfer
05/26/2023         TBT                    Attend call with J. Nelson, T. Thoroddsen, N. LoBiondo, A. Perrella (all               0.3
                                          AlixPartners) to discuss April monthly operating report, wind down budget timing,
                                          and status of legacy loan sale/transfer
05/30/2023         DCR                    Review and respond to case related emails.                                             0.5
05/31/2023         AP                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.3
                                          Perrella (all AlixPartners) to discuss PPPLF debt accounting inquiries, wind down
                                          budget timing, and status of legacy loan sale/transfer
05/31/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case      0.2
                                          updates
05/31/2023         DCR                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.3
                                          Perrella (all AlixPartners) to discuss PPPLF debt accounting inquiries, wind down
                                          budget timing, and status of legacy loan sale/transfer
05/31/2023         DCR                    Review and respond to case related emails.                                             0.5
05/31/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson (both AlixPartners) to discuss case      0.2
                                          updates
05/31/2023         JN                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.3
                                          Perrella (all AlixPartners) to discuss PPPLF debt accounting inquiries, wind down
                                          budget timing, and status of legacy loan sale/transfer
05/31/2023         NL                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.3
                                          Perrella (all AlixPartners) to discuss PPPLF debt accounting inquiries, wind down
                                          budget timing, and status of legacy loan sale/transfer
05/31/2023         TBT                    Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.          0.3
                                          Perrella (all AlixPartners) to discuss PPPLF debt accounting inquiries, wind down
                                          budget timing, and status of legacy loan sale/transfer
Total Professional Hours                                                                                                        36.3
                             Case 22-10951-CTG              Doc 895-2       Filed 07/13/23       Page 7 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Chapter 11 Process / Case Management
Code:                               20006554P00002.1.1

PROFESSIONAL                                                           RATE      HOURS                  FEES
Deborah Rieger-Paganis                                                 $1,220      11.0      $      13,420.00
James Nelson                                                           $1,020       9.1              9,282.00
Thora B Thoroddsen                                                      $950        2.9              2,755.00
Anthony Perrella                                                        $605        6.0              3,630.00
Nicholas LoBiondo                                                       $605        7.3              4,416.50
Total Professional Hours and Fees                                                  36.3      $      33,503.50
                         Case 22-10951-CTG                      Doc 895-2           Filed 07/13/23             Page 8 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Cash / Liquidity Matters
Code:              20006554P00002.1.3

DATE               PROFESSIONAL                                         DESCRIPTION OF SERVICES                                      HOURS
05/01/2023         DCR                        Attend call with M. Kennedy, J. Ellis (all Chilmark) D. Rieger-Paganis, J. Nelson,        0.5
                                              N. LoBiondo (all AlixPartners) to discuss updated cash collateral budget and wind
                                              down budget
05/01/2023         JN                         Attend call with M. Kennedy, J. Ellis (all Chilmark) D. Rieger-Paganis, J. Nelson,        0.5
                                              N. LoBiondo (all AlixPartners) to discuss updated cash collateral budget and wind
                                              down budget
05/01/2023         JN                         Prepare updates to professional fee forecast and case workplan                            0.6
05/01/2023         JN                         Review extension of cash collateral budget to account for effective date delay            1.1
05/01/2023         JN                         Review weekly cash collateral reporting for Fed                                           0.5
05/01/2023         NL                         Attend call with M. Kennedy, J. Ellis (all Chilmark) D. Rieger-Paganis, J. Nelson,        0.5
                                              N. LoBiondo (all AlixPartners) to discuss updated cash collateral budget and wind
                                              down budget
05/01/2023         NL                         Finalize updates to cash flow forecast for actuals through 4/28/23 and perform            2.4
                                              reconciliation to daily cash report
05/01/2023         NL                         Update cash collateral budget for legacy loan and PPP actuals for week-ended              2.2
                                              4/28/23
05/01/2023         NL                         Update cash collateral budget for operating and non-operating expense actuals for         2.2
                                              week-ended 4/28/23
05/02/2023         AP                         Attend call with M. Kennedy, J. Ellis (all Chilmark) J. Nelson, A. Perrella (both         1.1
                                              AlixPartners) to review updated wind down budget and assumptions
05/02/2023         AP                         Attend call with S. Kafiti, P. Greene, D. Evans, C. Grisham (all KServicing) J.           0.5
                                              Nelson, A. Perrella (both AlixPartners) to discuss legacy loan transition and
                                              diligence updates
05/02/2023         JN                         Attend call with M. Kennedy (Chilmark) to discuss refresh of winddown budget              0.1
05/02/2023         JN                         Attend call with M. Kennedy, J. Ellis (all Chilmark) J. Nelson, A. Perrella (both         1.1
                                              AlixPartners) to review updated wind down budget and assumptions
05/02/2023         JN                         Review and editing of updates to cash collateral budget                                   0.6
05/02/2023         JN                         Review winddown budget updates                                                            0.8
05/02/2023         NL                         Finalize cash collateral budget variance report and permitted variance test for week      2.1
                                              ended 4/28/23
05/02/2023         NL                         Prepare wind down budget headcount analysis for Chilmark                                  1.4
05/02/2023         NL                         Respond to Chilmark inquiries on updated cash collateral budget and wind down             1.6
                                              budget
05/03/2023         AP                         Attend call with J. Mullaney, T. Williams, S. Haliburton, D. Evans (all KServicing)       1.0
                                              D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to
                                              discuss final credit balance refunds, due to SBA balance clean up, and accounting
                                              for Lendistry loan transfer
05/03/2023         DCR                        Attend call with J. Mullaney, T. Williams, S. Haliburton, D. Evans (all KServicing)       1.0
                                              D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to
                                              discuss final credit balance refunds, due to SBA balance clean up, and accounting
                                              for Lendistry loan transfer
05/03/2023         NL                         Attend call with J. Mullaney, T. Williams, S. Haliburton, D. Evans (all KServicing)       1.0
                                              D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to
                                              discuss final credit balance refunds, due to SBA balance clean up, and accounting
                                              for Lendistry loan transfer
05/03/2023         NL                         Update wind down budget for revised KS employee roll-off dates from Resolute              2.0
                         Case 22-10951-CTG                     Doc 895-2            Filed 07/13/23            Page 9 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Cash / Liquidity Matters
Code:              20006554P00002.1.3

DATE               PROFESSIONAL                                         DESCRIPTION OF SERVICES                                     HOURS
05/03/2023         TBT                        Attend call with J. Mullaney, T. Williams, S. Haliburton, D. Evans (all KServicing)      1.0
                                              D. Rieger-Paganis, T. Thoroddsen, N. LoBiondo, A. Perrella (all AlixPartners) to
                                              discuss final credit balance refunds, due to SBA balance clean up, and accounting
                                              for Lendistry loan transfer
05/04/2023         JN                         Attend call with J. Mullaney (KServicing) to discuss upcoming wire payments              0.1
05/04/2023         JN                         Attend call with S. Smith, N. Manos (both Resolute) M. Kennedy (Chilmark) J.             0.7
                                              Nelson, N. LoBiondo (both AlixPartners) to discuss updated wind down budget
                                              assumptions
05/04/2023         JN                         Review cash collateral budget variance report                                            0.4
05/04/2023         JN                         Review weekly cash collateral reporting for Fed                                          0.5
05/04/2023         NL                         Attend call with S. Smith, N. Manos (both Resolute) M. Kennedy (Chilmark) J.             0.7
                                              Nelson, N. LoBiondo (both AlixPartners) to discuss updated wind down budget
                                              assumptions
05/05/2023         AP                         Update professional fee accruals for company finance team                                0.6
05/08/2023         AP                         Update professional fee accrual analysis                                                 0.4
05/08/2023         JN                         Review proposed budget assumptions and adjustments from Resolute team                    0.6
05/08/2023         NL                         Finalize updates to cash flow forecast for actuals through 5/5/23 and perform            1.8
                                              reconciliation to daily cash report
05/08/2023         NL                         Update cash collateral budget for legacy loan and PPP actuals for week-ended             2.1
                                              5/5/23
05/08/2023         NL                         Update cash collateral budget for operating and non-operating expense actuals for        2.1
                                              week-ended 5/5/23
05/09/2023         JN                         Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to review Resolute wind       0.4
                                              down budget comments and adjustments
05/09/2023         JN                         Review weekly cash collateral reporting for Fed                                          0.5
05/09/2023         NL                         Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to review Resolute wind       0.4
                                              down budget comments and adjustments
05/09/2023         NL                         Update wind down budget per budget adjustments provided by Resolute                      2.8
05/10/2023         DCR                        Attend call with S. Smith (Resolute) D. Rieger-Paganis, J. Nelson, N. LoBiondo           0.6
                                              (all AlixPartners) to discuss Resolute's comments on wind down budget and
                                              proposed budget adjustments
05/10/2023         JN                         Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss wind down          0.1
                                              budget adjustments
05/10/2023         JN                         Attend call with S. Smith (Resolute) D. Rieger-Paganis, J. Nelson, N. LoBiondo           0.6
                                              (all AlixPartners) to discuss Resolute's comments on wind down budget and
                                              proposed budget adjustments
05/10/2023         JN                         Conduct research into TSA charges to prepare cost forecast                               1.1
05/10/2023         JN                         Prepare cost-per-loan support for KS management                                          1.4
05/10/2023         JN                         Prepare winddown budget support for KS management and winddown officer                   0.8
05/10/2023         JN                         Review cash collateral budget variance report                                            0.4
05/10/2023         NL                         Attend call with J. Nelson, N. LoBiondo (all AlixPartners) to discuss wind down          0.1
                                              budget adjustments
05/10/2023         NL                         Attend call with S. Smith (Resolute) D. Rieger-Paganis, J. Nelson, N. LoBiondo           0.6
                                              (all AlixPartners) to discuss Resolute's comments on wind down budget and
                                              proposed budget adjustments
05/10/2023         NL                         Finalize wind down budget per budget adjustments provided by Resolute                    2.8
                        Case 22-10951-CTG                     Doc 895-2            Filed 07/13/23            Page 10 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Cash / Liquidity Matters
Code:              20006554P00002.1.3

DATE               PROFESSIONAL                                         DESCRIPTION OF SERVICES                                   HOURS
05/10/2023         NL                         Prepare wind down budget output for Resolute                                           2.1
05/11/2023         JN                         Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to review updated          0.3
                                              wind down budget
05/11/2023         JN                         Review revised winddown budget                                                         0.9
05/11/2023         NL                         Attend call with J. Nelson, N. LoBiondo (both AlixPartners) to review updated          0.3
                                              wind down budget
05/11/2023         NL                         Revise wind down budget output                                                         2.1
05/12/2023         NL                         Respond to client emails regarding Kabbage Direct loans status                         0.6
05/15/2023         JN                         Review forward flow party monthly charge-off details                                   0.3
05/15/2023         NL                         Finalize updates to cash flow forecast for actuals through 5/12/23 and perform         1.7
                                              reconciliation to daily cash report
05/15/2023         NL                         Update cash collateral budget for legacy loan actuals for week-ended 5/12/23           1.5
05/15/2023         NL                         Update cash collateral budget for operating and non-operating expense actuals for      1.8
                                              week-ended 5/12/23
05/16/2023         JN                         Conduct research regarding SBA and borrower refunds                                    0.5
05/16/2023         JN                         Review cash collateral budget variance report                                          0.3
05/17/2023         JN                         Review weekly cash collateral reporting for Fed                                        0.4
05/22/2023         AP                         Develop historical charge-off schedule for Federal Reserve's advisors                  1.4
05/22/2023         NL                         Finalize updates to cash flow forecast for actuals through 5/19/23 and perform         1.9
                                              reconciliation to daily cash report
05/22/2023         NL                         Update cash collateral budget for legacy loan actuals for week-ended 5/19/23           1.6
05/22/2023         NL                         Update cash collateral budget for operating and non-operating expense actuals for      1.8
                                              week-ended 5/19/23
05/23/2023         JN                         Review cash collateral budget variance report                                          0.3
05/24/2023         AP                         Develop historical charge-off schedule for Federal Reserve's advisors                  1.4
05/24/2023         JN                         Attend call with M. Kennedy (Chilmark) to discuss winddown budget process              0.1
05/24/2023         JN                         Review weekly cash collateral reporting for Fed                                        0.5
05/25/2023         NL                         Follow up on insurance payment timing and update cash collateral budget                1.5
05/25/2023         NL                         Prepare budget and portfolio summary slides per Management request                     1.5
05/26/2023         NL                         Prepare budget and portfolio summary slides per Management request                     2.0
05/26/2023         NL                         Prepare wind down budget output for Resolute                                           1.5
05/30/2023         JN                         Review draft of revised cash collateral budget                                         1.2
05/30/2023         NL                         Finalize updates to cash flow forecast for actuals through 5/26/23 and perform         2.4
                                              reconciliation to daily cash report
05/30/2023         NL                         Update cash collateral budget for legacy loan actuals for week-ended 5/26/23           1.8
05/30/2023         NL                         Update cash collateral budget for operating and non-operating expense actuals for      2.1
                                              week-ended 5/26/23
05/31/2023         JN                         Conduct analysis of TSA invoice charges                                                0.4
05/31/2023         NL                         Update cash collateral budget through week-ended 6/16/23                               1.7
Total Professional Hours                                                                                                            86.3
                            Case 22-10951-CTG                  Doc 895-2   Filed 07/13/23       Page 11 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Cash / Liquidity Matters
Code:                               20006554P00002.1.3

PROFESSIONAL                                                          RATE      HOURS                   FEES
Deborah Rieger-Paganis                                                $1,220       2.1      $        2,562.00
James Nelson                                                          $1,020      18.1              18,462.00
Thora B Thoroddsen                                                     $950        1.0                 950.00
Anthony Perrella                                                       $605        6.4               3,872.00
Nicholas LoBiondo                                                      $605       58.7              35,513.50
Total Professional Hours and Fees                                                 86.3      $       61,359.50
                         Case 22-10951-CTG                  Doc 895-2            Filed 07/13/23             Page 12 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                U.S. Trustee / Court Reporting Requirements
Code:              20006554P00002.1.5

DATE               PROFESSIONAL                                      DESCRIPTION OF SERVICES                                      HOURS
05/01/2023         AP                      Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.              0.2
                                           Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss April month-end
                                           close updates
05/01/2023         JN                      Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.              0.2
                                           Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss April month-end
                                           close updates
05/01/2023         NL                      Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) J.              0.2
                                           Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss April month-end
                                           close updates
05/02/2023         JN                      Conduct research regarding bank accounts requirements for post effective date             0.7
                                           period
05/02/2023         NL                      Prepare cash collateral budget variance report and permitted variance test for week       2.4
                                           ended 4/28/23
05/02/2023         TBT                     Review correspondence from Z. Shapiro (RLF) re: 2015.3 report                             0.1
05/03/2023         AP                      Update 2015.3 Report based on comments from advisors                                      0.6
05/03/2023         NL                      Prepare cash balances and cash collateral report for the week-ended 4/28/23               2.1
05/03/2023         TBT                     Review revised 2015.3 report                                                              0.1
05/04/2023         JN                      Review draft CSC assumptions agreement                                                    0.3
05/08/2023         AP                      Attend call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold (All                  0.2
                                           Kservicing) J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss status
                                           of month-end close process
05/08/2023         JN                      Attend call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold (All                  0.2
                                           Kservicing) J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss status
                                           of month-end close process
05/08/2023         NL                      Attend call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold (All                  0.2
                                           Kservicing) J. Nelson, N. LoBiondo, A. Perrella (all AlixPartners) to discuss status
                                           of month-end close process
05/08/2023         NL                      Prepare cash collateral budget variance report and permitted variance test for week       1.4
                                           ended 5/5/23
05/09/2023         DCR                     Attend call with C. Arthur (all Weil Gotshal) D. Rieger-Paganis, J. Nelson (all           0.5
                                           AlixPartners) to discuss effective date planning
05/09/2023         DCR                     Attend call with J. Foster (Resolute) C. Arthur, C. Bentley, T. Tsekerides (all Weil      1.0
                                           Gotshal) L. Milner, H. Loiseau, S. Kafiti, D. Evans, T. Williams (all KServicing )
                                           D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss wind-down budget,
                                           causes of action, and effective date planning
05/09/2023         JN                      Attend call with C. Arthur (all Weil Gotshal) D. Rieger-Paganis, J. Nelson (all           0.5
                                           AlixPartners) to discuss effective date planning
05/09/2023         JN                      Attend call with C. Bentley (Weil) to discuss effective date planning                     0.2
05/09/2023         JN                      Attend call with J. Foster (Resolute) C. Arthur, C. Bentley, T. Tsekerides (all Weil      1.0
                                           Gotshal) L. Milner, H. Loiseau, S. Kafiti, D. Evans, T. Williams (all KServicing )
                                           D. Rieger-Paganis, J. Nelson (all AlixPartners) to discuss wind-down budget,
                                           causes of action, and effective date planning
05/09/2023         NL                      Finalize cash collateral budget variance report and permitted variance test for week      2.2
                                           ended 5/5/23
05/09/2023         NL                      Prepare cash balances and cash collateral report for the week-ended 5/5/23                2.0
                         Case 22-10951-CTG                  Doc 895-2            Filed 07/13/23             Page 13 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                U.S. Trustee / Court Reporting Requirements
Code:              20006554P00002.1.5

DATE               PROFESSIONAL                                      DESCRIPTION OF SERVICES                                      HOURS
05/10/2023         TBT                     Send insurance summary to S. Kafiti (KServicing) and S. Smith (Resolute) as               0.1
                                           requested
05/11/2023         DCR                     Attend Board call with D. Kurzweil, S. Bratton (both Greenberg) L. Milner, S.             0.6
                                           Kafiti, H. Loiseau, D. Evans, T. Williams, E. Hartz, R. Gregg, L. Taylor (all
                                           KServicing) Z. Shapiro (RLF) C. Arthur, C. Bentley (both Weil) D. Rieger-
                                           Paganis, J. Nelson (both AlixPartners) to discuss case updates
05/11/2023         JN                      Attend Board call with D. Kurzweil, S. Bratton (both Greenberg) L. Milner, S.             0.6
                                           Kafiti, H. Loiseau, D. Evans, T. Williams, E. Hartz, R. Gregg, L. Taylor (all
                                           KServicing) Z. Shapiro (RLF) C. Arthur, C. Bentley (both Weil) D. Rieger-
                                           Paganis, J. Nelson (both AlixPartners) to discuss case updates
05/11/2023         JN                      Review Cleary letter regarding effective date pre-requisites                              0.4
05/12/2023         AP                      Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) N.              0.4
                                           LoBiondo, A. Perrella (both AlixPartners) to discuss status of month-end close
                                           process and CRB remittance issue
05/12/2023         AP                      Develop cash flow analysis for monthly monthly operating report filing                    1.2
05/12/2023         NL                      Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) N.              0.4
                                           LoBiondo, A. Perrella (both AlixPartners) to discuss status of month-end close
                                           process and CRB remittance issue
05/15/2023         AP                      Attend call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold (all                  0.3
                                           KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
                                           Perrella (all AlixPartners) to discuss CRB remittance issue and status of April
                                           monthly operating report
05/15/2023         AP                      Finalize April monthly operating report for filing                                        0.8
05/15/2023         JN                      Attend call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold (all                  0.3
                                           KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
                                           Perrella (all AlixPartners) to discuss CRB remittance issue and status of April
                                           monthly operating report
05/15/2023         NL                      Attend call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold (all                  0.3
                                           KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
                                           Perrella (all AlixPartners) to discuss CRB remittance issue and status of April
                                           monthly operating report
05/15/2023         TBT                     Attend call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold (all                  0.3
                                           KServicing) D. Rieger-Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo, A.
                                           Perrella (all AlixPartners) to discuss CRB remittance issue and status of April
                                           monthly operating report
05/16/2023         AP                      Call with T. Thoroddsen, A. Perrella (both AlixPartners) to discuss April monthly         0.1
                                           operating report
05/16/2023         AP                      Finalize April monthly operating report for filing                                        1.4
05/16/2023         NL                      Finalize cash collateral budget variance report and permitted variance test for week      1.8
                                           ended 5/12/23
05/16/2023         NL                      Prepare cash collateral budget variance report and permitted variance test for week       1.8
                                           ended 5/12/23
05/16/2023         TBT                     Call with T. Thoroddsen, A. Perrella (both AlixPartners) to discuss April monthly         0.1
                                           operating report
05/16/2023         TBT                     Final review of April monthly operating report                                            0.3
05/16/2023         TBT                     Review April's draft monthly operating report                                             0.4
                         Case 22-10951-CTG                  Doc 895-2            Filed 07/13/23             Page 14 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                U.S. Trustee / Court Reporting Requirements
Code:              20006554P00002.1.5

DATE               PROFESSIONAL                                      DESCRIPTION OF SERVICES                                      HOURS
05/16/2023         TBT                     Review balance sheet for April's monthly operating report                                 0.3
05/16/2023         TBT                     Review correspondence from C. Bentley (Weil) re: certain contract renewal                 0.1
05/16/2023         TBT                     Review historical spend for professional and OCP payments for April monthly               0.3
                                           operating report
05/16/2023         TBT                     Review P&L for April's monthly operating report                                           0.3
05/16/2023         TBT                     Send correspondence to A. Perrella (AlixPartners) re: April's monthly operating           0.1
                                           report
05/16/2023         TBT                     Send correspondence to T. Williams (KServicing) re: April monthly operating               0.1
05/19/2023         TBT                     Follow up with A. Suarez (Weil) re: April monthly operating report                        0.1
05/19/2023         TBT                     Send correspondence to A. Suarez (Weil) re: T. William's approval of April                0.1
                                           monthly operating report
05/22/2023         AP                      Attend call with N. Manos (Resolute) T. Williams (KServicing) T. Thoroddsen, A.           0.3
                                           Perrella (both AlixPartners) re: monthly operating report and PCR reports
05/22/2023         DCR                     Discussion with C.Bentley (Weil) and J.Nelson, D.Rieger-Paganis (Alix) re:                0.4
                                           monthly operating report filing and impact of potential delay in filing.
05/22/2023         NL                      Attend call with M. Kennedy (Chilmark) to discuss wind down budget timing and             0.4
                                           cash collateral budget inquiries
05/22/2023         TBT                     Attend call with N. Manos (Resolute) T. Williams (KServicing) T. Thoroddsen, A.           0.3
                                           Perrella (both AlixPartners) re: monthly operating report and PCR reports
05/22/2023         TBT                     Call with A. Suarez (Weil) to discuss April monthly operating report                      0.1
05/22/2023         TBT                     Follow up call with A. Suarez (Weil) re: April monthly operating report                   0.1
05/22/2023         TBT                     Respond to C. Bentley (Weil) and others re: April monthly operating report                0.2
05/22/2023         TBT                     Send correspondence to T. Williams (KServicing), J. Nelson (AlixPartners) re: C.          0.1
                                           Bentley (Weil) comments re: April monthly operating report
05/22/2023         TBT                     Send follow up to A. Suarez (Weil) re: April monthly operating report                     0.1
05/23/2023         AP                      Update March monthly operating report per comments from professionals                     2.4
05/23/2023         DCR                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) to        0.3
                                           discuss PPPLF loan transfer to Lendistry impact on April monthly operating report
05/23/2023         DCR                     Review monthly operating report.                                                          0.1
05/23/2023         JN                      Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) to        0.3
                                           discuss PPPLF loan transfer to Lendistry impact on April monthly operating report
05/23/2023         JN                      Prepare edits to draft of April monthly operating report                                  0.7
05/23/2023         NL                      Finalize cash collateral budget variance report and permitted variance test for week      1.8
                                           ended 5/19/23
05/23/2023         NL                      Prepare cash collateral budget variance report and permitted variance test for week       1.9
                                           ended 5/19/23
05/23/2023         TBT                     Attend call with D. Rieger-Paganis, J. Nelson, T. Thoroddsen (all AlixPartners) to        0.3
                                           discuss PPPLF loan transfer to Lendistry impact on April monthly operating report
05/23/2023         TBT                     Call with A. Suarez (Weil) re: April monthly operating report                             0.1
05/23/2023         TBT                     Review correspondence from J. Nelson (AlixPartners) re: April monthly operating           0.1
                                           report
05/23/2023         TBT                     Send follow up to A. Suarez (Weil) re: updated global notes for April monthly             0.1
                                           operating report
05/24/2023         DCR                     Call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold(all KServicing) D.           0.3
                                           Rieger-Paganis, T. Thoroddsen, N. LoBiondo (all AlixPartners) to discuss final
                                           borrower and SBA refund process updates and PPPLF debt accounting
                         Case 22-10951-CTG                 Doc 895-2            Filed 07/13/23            Page 15 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                U.S. Trustee / Court Reporting Requirements
Code:              20006554P00002.1.5

DATE               PROFESSIONAL                                     DESCRIPTION OF SERVICES                                      HOURS
05/24/2023         NL                      Call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold(all KServicing) D.          0.3
                                           Rieger-Paganis, T. Thoroddsen, N. LoBiondo (all AlixPartners) to discuss final
                                           borrower and SBA refund process updates and PPPLF debt accounting
05/24/2023         NL                      Prepare cash balances and cash collateral report for the week-ended 5/19/2023            1.6
05/24/2023         TBT                     Call with J. Mullaney, T. Williams, S. Haliburton, J. Arnold(all KServicing) D.          0.3
                                           Rieger-Paganis, T. Thoroddsen, N. LoBiondo (all AlixPartners) to discuss final
                                           borrower and SBA refund process updates and PPPLF debt accounting
05/25/2023         TBT                     Respond to C. Bentley (Weil) re: April monthly operating report footnote                 0.1
05/25/2023         TBT                     Review correspondence from C. Bentley (Weil) re: April monthly operating report          0.1
05/25/2023         TBT                     Review updated April monthly operating report from A. Perrella (AlixPartners)            0.2
05/25/2023         TBT                     Send correspondence to C. Bentley (Weil), J. Nelson (AlixPartners) re: updated           0.1
                                           April monthly operating report
05/26/2023         DCR                     Attend call with J. Mullaney, T. Williams, S. Haliburton(all KServicing) D. Rieger-      0.5
                                           Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo (all AlixPartners) to discuss
                                           borrower refunds and SBA payment process, April monthly operating report, and
                                           timing of Delaware tax payment
05/26/2023         JN                      Attend call with J. Mullaney, T. Williams, S. Haliburton(all KServicing) D. Rieger-      0.3
                                           Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo (all AlixPartners) to discuss
                                           borrower refunds and SBA payment process, April monthly operating report, and
                                           timing of Delaware tax payment
05/26/2023         NL                      Attend call with J. Mullaney, T. Williams, S. Haliburton(all KServicing) D. Rieger-      0.3
                                           Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo (all AlixPartners) to discuss
                                           borrower refunds and SBA payment process, April monthly operating report, and
                                           timing of Delaware tax payment
05/26/2023         TBT                     Attend call with J. Mullaney, T. Williams, S. Haliburton(all KServicing) D. Rieger-      0.3
                                           Paganis, J. Nelson, T. Thoroddsen, N. LoBiondo (all AlixPartners) to discuss
                                           borrower refunds and SBA payment process, April monthly operating report, and
                                           timing of Delaware tax payment
05/26/2023         TBT                     Review correspondence from C. Bentley (Weil) re: April monthly operating report          0.1
05/26/2023         TBT                     Review correspondence from S. Goldring (Weil) re: April monthly operating report         0.1
05/26/2023         TBT                     Send correspondence to C. Bentley (Weil), J. Nelson (AlixPartners) re: updated           0.1
                                           April monthly operating report
05/26/2023         TBT                     Update April monthly operating report                                                    0.3
05/27/2023         TBT                     Send follow up to C. Bentley (Weil), Z. Shapiro (RLF), J. Nelson (AlixPartners) re:      0.1
                                           filing of April monthly operating report
05/29/2023         TBT                     Finalize April monthly operating report for filing                                       0.5
05/29/2023         TBT                     Send updated April monthly operating report to T. Williams (KSerivcing) for her          0.1
                                           review and approval
05/30/2023         JN                      Call with J. Nelson, T. Thoroddsen (both AlixPartners) to discuss April monthly          0.1
                                           operating report
05/30/2023         JN                      Review April monthly operating report                                                    0.5
05/30/2023         NL                      Prepare cash collateral budget variance report and permitted variance test for week      1.7
                                           ended 5/26/23
05/30/2023         TBT                     Call with J. Nelson, T. Thoroddsen (both AlixPartners) to discuss April monthly          0.1
                                           operating report
05/30/2023         TBT                     Respond to Z. Shapiro (RLF) re: April monthly operating report                           0.1
                         Case 22-10951-CTG                  Doc 895-2           Filed 07/13/23             Page 16 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                U.S. Trustee / Court Reporting Requirements
Code:              20006554P00002.1.5

DATE               PROFESSIONAL                                      DESCRIPTION OF SERVICES                                      HOURS
05/30/2023         TBT                     Review additional correspondence from Z. Shapiro (RLF) re: monthly operating              0.1
                                           report
05/30/2023         TBT                     Review approval from T. Williams (KServicing) re: April monthly operating report          0.1
05/30/2023         TBT                     Send additional correspondence to Z. Shapiro (RLF) re: monthly operating report           0.1
05/30/2023         TBT                     Send correspondence to M. Milena, Z. Shapiro, A. Steele (all RLF) re: April               0.1
                                           monthly operating report for filing
05/31/2023         JN                      Attend call with T. Williams, S. Haliburton, J. Arnold (all KServicing) T.                0.5
                                           Thoroddsen, J. Nelson, N. LoBiondo (all AlixPartners) to discuss borrower refunds
                                           and SBA payment process updates, timing of Delaware tax payment, and final
                                           CRB remittance
05/31/2023         NL                      Attend call with T. Williams, S. Haliburton, J. Arnold (all KServicing) T.                0.5
                                           Thoroddsen, J. Nelson, N. LoBiondo (all AlixPartners) to discuss borrower refunds
                                           and SBA payment process updates, timing of Delaware tax payment, and final
                                           CRB remittance
05/31/2023         NL                      Finalize cash collateral budget variance report and permitted variance test for week      2.2
                                           ended 5/26/23
05/31/2023         NL                      Prepare cash balances and cash collateral report for the week-ended 5/26/23               1.5
05/31/2023         TBT                     Attend call with T. Williams, S. Haliburton, J. Arnold (all KServicing) T.                0.5
                                           Thoroddsen, J. Nelson, N. LoBiondo (all AlixPartners) to discuss borrower refunds
                                           and SBA payment process updates, timing of Delaware tax payment, and final
                                           CRB remittance
Total Professional Hours                                                                                                            53.2
                            Case 22-10951-CTG               Doc 895-2         Filed 07/13/23       Page 17 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 U.S. Trustee / Court Reporting Requirements
Code:                               20006554P00002.1.5

PROFESSIONAL                                                             RATE      HOURS                   FEES
Deborah Rieger-Paganis                                                   $1,220       3.7      $        4,514.00
James Nelson                                                             $1,020       6.8               6,936.00
Thora B Thoroddsen                                                        $950        7.8               7,410.00
Anthony Perrella                                                          $605        7.9               4,779.50
Nicholas LoBiondo                                                         $605       27.0              16,335.00
Total Professional Hours and Fees                                                    53.2      $       39,974.50
                        Case 22-10951-CTG               Doc 895-2           Filed 07/13/23           Page 18 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                CFO Support
Code:              20006554P00002.1.6

DATE               PROFESSIONAL                                  DESCRIPTION OF SERVICES                                   HOURS
05/05/2023         JN                   Research of month-end accounting treatment questions                                  0.5
05/22/2023         JN                   Attend call with C. Bentley (Weil) to discuss loan transfer accounting                0.4
05/22/2023         JN                   Attend call with M. Kennedy (Chilmark) to discuss loan transfer accounting            0.3
05/22/2023         JN                   Conduct research regarding accounting for PPP loan transfer                           0.7
05/23/2023         JN                   Attend call with J. Foster (Resolute) to discuss loan transfer accounting             0.3
05/23/2023         JN                   Review PPP loan transfer agreement to determine appropriate accounting treatment      0.4
05/24/2023         JN                   Attend call with C. Bentley (Weil) to discuss loan transfer accounting                0.1
Total Professional Hours                                                                                                      2.7
                            Case 22-10951-CTG            Doc 895-2   Filed 07/13/23       Page 19 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 CFO Support
Code:                               20006554P00002.1.6

PROFESSIONAL                                                    RATE      HOURS                   FEES
James Nelson                                                    $1,020       2.7      $        2,754.00
Total Professional Hours and Fees                                             2.7     $        2,754.00
                        Case 22-10951-CTG                 Doc 895-2            Filed 07/13/23             Page 20 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Transaction Support
Code:              20006554P00002.1.10

DATE               PROFESSIONAL                                   DESCRIPTION OF SERVICES                                      HOURS
05/01/2023         JN                    Prepare responses to requests from legacy loan bidders                                   1.3
05/03/2023         JN                    Prepare updated legacy portfolio snapshot for bidders                                    0.9
05/05/2023         JN                    Review and analysis of legacy loan bid                                                   0.7
05/08/2023         JN                    Attend call with S. Kafiti (KServicing) to discuss legacy loan sale process              0.5
05/08/2023         JN                    Prepare diligence response support files for legacy loan data room                       0.8
05/08/2023         JN                    Review legacy loan bid from potential buyer                                              0.5
05/09/2023         JN                    Attend call with L. Milner, D. Evans, H. Loiseau, T. Williams, S. Kafiti (all            0.7
                                         KServicing) J. Foster (Resolute) to discuss legacy loan transition and sale process
05/10/2023         JN                    Attend call with potential bidder to discuss legacy loan sale process                    0.3
05/10/2023         JN                    Conduct research for legacy loan sale due diligence requests                             1.2
05/11/2023         JN                    Attend call with S. Kafiti (KServicing) to discuss legacy loan sale process              0.6
05/11/2023         JN                    Conduct research for legacy loan sale due diligence requests                             0.7
05/11/2023         JN                    Prepare diligence response support files for legacy loan data room                       1.1
05/15/2023         JN                    Attend call with S. Weinberg (Stone Ridge) S. Kafiti (KServicing) to discuss             0.5
                                         legacy loan sale process
05/15/2023         JN                    Conduct research for legacy loan sale due diligence requests                             0.9
05/17/2023         JN                    Conduct research regarding legacy loan due diligence request                             0.7
05/17/2023         JN                    Review charged-off legacy loan purchase offer and diligence request                      0.5
05/19/2023         JN                    Review legacy loan data for due diligence request                                        0.4
05/22/2023         AP                    Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss charged-off       0.3
                                         portfolio analysis
05/22/2023         JN                    Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss charged-off       0.3
                                         portfolio analysis
05/22/2023         JN                    Prepare revised charge-off inventory file for potential bidders                          1.1
05/24/2023         AP                    Call with P. Greene (KServicing) J. Nelson, A. Perrella (both AlixPartners) to           0.4
                                         discuss charged-off loan inventory
05/24/2023         JN                    Call with P. Greene (KServicing) J. Nelson, A. Perrella (both AlixPartners) to           0.4
                                         discuss charged-off loan inventory
05/25/2023         JN                    Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss charged-off       0.3
                                         portfolio analysis
05/25/2023         JN                    Attend call with S. Kafiti (KServicing) to discuss legacy loan due diligence with        0.5
                                         bidder
05/26/2023         JN                    Attend call with M. Kennedy (Chilmark) to discuss legacy loan sale process               0.8
05/26/2023         JN                    Attend call with S. Kafiti (KServicing) to discuss legacy loan sale process              0.5
05/30/2023         AP                    Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss legacy loan       0.2
                                         due diligence questions
05/30/2023         JN                    Attend call with C. Bentley (Weil) to discuss legacy loan sale process                   0.3
05/30/2023         JN                    Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss legacy loan       0.2
                                         due diligence questions
05/30/2023         JN                    Attend call with M. Kennedy (Chilmark) to discuss legacy loan sale process               0.3
05/30/2023         JN                    Attend call with S. Kafiti (KServicing) to discuss legacy loan sale process              0.4
05/30/2023         JN                    Prepare responses to legacy loan due diligence questions                                 0.9
Total Professional Hours                                                                                                         19.2
                            Case 22-10951-CTG             Doc 895-2   Filed 07/13/23       Page 21 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Transaction Support
Code:                               20006554P00002.1.10

PROFESSIONAL                                                     RATE      HOURS                   FEES
James Nelson                                                     $1,020      18.3      $       18,666.00
Anthony Perrella                                                  $605        0.9                 544.50
Total Professional Hours and Fees                                            19.2      $       19,210.50
                         Case 22-10951-CTG               Doc 895-2            Filed 07/13/23             Page 22 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Vendor Management
Code:              20006554P00002.1.13

DATE               PROFESSIONAL                                   DESCRIPTION OF SERVICES                                     HOURS
05/01/2023         TBT                   Review correspondence from S. Moss (KServicing) re: I. Cox resignation                  0.1
05/03/2023         NL                    Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) to discuss pre-         0.1
                                         petition Amex TSA payment amount
05/03/2023         NL                    Review vendor invoices for AP check run                                                 2.3
05/03/2023         TBT                   Attend call with T. Thoroddsen, N. LoBiondo (both AlixPartners) to discuss pre-         0.1
                                         petition Amex TSA payment amount
05/03/2023         TBT                   Review correspondence from N. LoBiondo (AlixPartners) re: current payments              0.1
05/03/2023         TBT                   Send current status of Amex invoices to C. Bentley (Weil) as requested                  0.1
05/03/2023         TBT                   Summarize status of Amex payments and currently outstanding amounts                     0.2
05/10/2023         NL                    Review vendor invoices for AP check run                                                 1.8
05/11/2023         NL                    Revise AP check run file for new invoices                                               1.1
05/12/2023         TBT                   Review files for historical vendor payments as requested by S. Kafiti (KServicing)      0.2
05/12/2023         TBT                   Send 12 month historical payment data to S. Kafiti (KServicing) as requested            0.1
05/17/2023         NL                    Review vendor invoices for AP check run                                                 1.5
05/23/2023         NL                    Review vendor invoices for AP check run                                                 1.5
05/23/2023         TBT                   Review correspondence from I. Naraine (KServicing) re: current vendor payments          0.1
05/24/2023         NL                    Update AP check run file or additional vendor invoices                                  0.8
05/26/2023         TBT                   Review correspondence from T. Williams (KServicing) re: certain tax notice              0.1
05/26/2023         TBT                   Send correspondence to T. Williams (KServicing) re: payment of taxes                    0.1
05/31/2023         NL                    Review vendor invoices for AP check run                                                 1.8
05/31/2023         TBT                   Review correspondence from I. Naraine (KServicing) re: certain vendor invoices          0.1
Total Professional Hours                                                                                                        12.2
                            Case 22-10951-CTG             Doc 895-2   Filed 07/13/23       Page 23 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Vendor Management
Code:                               20006554P00002.1.13

PROFESSIONAL                                                     RATE      HOURS                   FEES
Thora B Thoroddsen                                                $950        1.3      $        1,235.00
Nicholas LoBiondo                                                 $605       10.9               6,594.50
Total Professional Hours and Fees                                            12.2      $        7,829.50
                         Case 22-10951-CTG                Doc 895-2           Filed 07/13/23             Page 24 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Executory Contracts
Code:              20006554P00002.1.14

DATE               PROFESSIONAL                                   DESCRIPTION OF SERVICES                                      HOURS
05/02/2023         TBT                   Review correspondence from S. Kafiti (KSevicing) re: certain executory contract          0.1
05/12/2023         AP                    Call with T. Thoroddsen, A. Perrella (both AlixPartners) to discuss updates to           0.1
                                         assumed contract exhibit
05/12/2023         AP                    Update contract assumption schedule with additional contract per comments from           0.8
                                         advisors
05/12/2023         TBT                   Call with T. Thoroddsen, A. Perrella (both AlixPartners) to discuss updates to           0.1
                                         assumed contract exhibit
05/12/2023         TBT                   Review correspondence from C. Bentley (Weil) re: updates to contract assumption          0.1
                                         schedule
05/12/2023         TBT                   Review correspondence from Z. Shapiro (RLF) re: revision to contract assumption          0.1
                                         schedule
05/12/2023         TBT                   Review prior files re: contract assumption schedules                                     0.2
05/15/2023         TBT                   Review correspondence from S. Kafiti (KServicing) re: Salesforce                         0.1
05/16/2023         TBT                   Review correspondence from N. LoBiondo (AlixPartners) re: certain executory              0.1
                                         contract renewal
05/17/2023         TBT                   Respond to S. Kafiti (KServicing) re: certain executory contract renewal in budget       0.1
05/17/2023         TBT                   Send correspondence to S. Moss (KServicing) re: latest filing of rejected contracts      0.2
                                         as requested
05/24/2023         TBT                   Research files to send certain contract to S. Moss (KServicing) as requested             0.2
05/24/2023         TBT                   Review correspondence from L. Castillo (Weil) re: certain software licensing             0.1
                                         agreement
05/24/2023         TBT                   Send correspondence to S. Moss (KServicing) re: copy of certain software                 0.1
                                         licensing agreement
Total Professional Hours                                                                                                          2.4
                            Case 22-10951-CTG             Doc 895-2   Filed 07/13/23       Page 25 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Executory Contracts
Code:                               20006554P00002.1.14

PROFESSIONAL                                                     RATE      HOURS                   FEES
Thora B Thoroddsen                                                $950        1.5      $        1,425.00
Anthony Perrella                                                  $605        0.9                 544.50
Total Professional Hours and Fees                                             2.4      $        1,969.50
                        Case 22-10951-CTG                 Doc 895-2           Filed 07/13/23            Page 26 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Claims Process / Avoidance Actions
Code:              20006554P00002.1.15

DATE               PROFESSIONAL                                    DESCRIPTION OF SERVICES                                    HOURS
05/01/2023         TBT                    Research data related to the Juneau Group as requested by L. Castillo (Weil)           0.3
05/01/2023         TBT                    Review updates from K. Steverson (Omni) re: claims register                            0.1
05/01/2023         TBT                    Send correspondence to L. Castillo (Weil) re: backup information for certain           0.1
                                          claimant
05/04/2023         TBT                    Send correspondence to J. Nelson (AlixPartners) to share with Chilmark                 0.1
05/04/2023         TBT                    Update claims analysis with detail by claim and category as requested by Chilmark      1.3
05/05/2023         JN                     Review updated claims reconciliation analysis and summary                              1.2
05/08/2023         JN                     Research potential outstanding partner bank claims                                     0.7
Total Professional Hours                                                                                                         3.8
                            Case 22-10951-CTG               Doc 895-2         Filed 07/13/23       Page 27 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Claims Process / Avoidance Actions
Code:                               20006554P00002.1.15

PROFESSIONAL                                                             RATE      HOURS                   FEES
James Nelson                                                             $1,020       1.9      $        1,938.00
Thora B Thoroddsen                                                        $950        1.9               1,805.00
Total Professional Hours and Fees                                                     3.8      $        3,743.00
                        Case 22-10951-CTG                  Doc 895-2            Filed 07/13/23            Page 28 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Fee Statements & Fee Applications
Code:              20006554P00002.1.20

DATE               PROFESSIONAL                                     DESCRIPTION OF SERVICES                                    HOURS
05/02/2023         LMB                     Preparation of Second Interim Fee Application                                          2.3
05/02/2023         LMB                     Prepare schedule workbook for Second Interim Fee Application                           1.2
05/09/2023         JN                      Revise draft of quarterly fee application                                              1.6
05/10/2023         HES                     Review second interim fee application                                                  0.5
05/10/2023         LMB                     Preparation of interim and monthly fee application summary charts                      0.5
05/11/2023         DCR                     Review fee application.                                                                0.6
05/11/2023         JN                      Review draft of quarterly fee application                                              0.5
05/11/2023         LMB                     Email to A. Suarez (Weil) attaching Second Interim Fee Application for filing on       0.2
                                           the Court docket
05/11/2023         LMB                     Finalize Second Interim Fee Application                                                0.3
05/15/2023         JN                      Review comments on draft of quarterly fee application                                  0.2
05/15/2023         LMB                     Finalize First Interim Fee Application                                                 0.3
05/20/2023         LMB                     Prepare professional fees for April 2023 monthly fee application                       2.8
05/23/2023         AP                      Review time descriptions for monthly fee application                                   2.2
05/23/2023         LMB                     Analyze expenses for the April 2023 monthly fee application                            0.5
05/23/2023         LMB                     Prepare draft of Seventh Monthly Fee Application                                       0.8
05/23/2023         LMB                     Prepare schedule/exhibit workbook for the 7th Monthly Fee Application (April           1.0
                                           2023)
05/26/2023         JN                      Review monthly billing details for April fee statement                                 0.6
05/30/2023         JN                      Revise April monthly fee statement                                                     0.8
05/30/2023         LMB                     Prepare 7th Monthly Fee Application, supporting schedules and exhibits                 2.2
05/30/2023         LMB                     Revise 7th Monthly Fee Application, supporting schedules and exhibits                  0.4
05/30/2023         LMB                     Update fee application summary chart                                                   0.2
05/31/2023         DCR                     Review April fee application.                                                          0.6
05/31/2023         HES                     Revise April 2023 monthly fee application                                              0.3
05/31/2023         JN                      Revise April monthly fee statement                                                     0.3
05/31/2023         LMB                     Email to A. Suarez (Weil) attaching 7th Monthly Fee Application for filing on the      0.2
                                           Court docket
05/31/2023         LMB                     Finalize 7th Monthly Fee Application, supporting schedules and exhibits                0.8
Total Professional Hours                                                                                                         21.9
                            Case 22-10951-CTG               Doc 895-2        Filed 07/13/23       Page 29 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Fee Statements & Fee Applications
Code:                               20006554P00002.1.20

PROFESSIONAL                                                            RATE      HOURS                   FEES
Deborah Rieger-Paganis                                                  $1,220       1.2      $        1,464.00
James Nelson                                                            $1,020       4.0               4,080.00
Heather E Saydah                                                         $550        0.8                 440.00
Anthony Perrella                                                         $605        2.2               1,331.00
Lisa Marie Bonito                                                        $500       13.7               6,850.00
Total Professional Hours and Fees                                                   21.9      $       14,165.00
                        Case 22-10951-CTG                     Doc 895-2            Filed 07/13/23            Page 30 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Loan Transfer Activities
Code:              20006554P00002.1.21

DATE               PROFESSIONAL                                         DESCRIPTION OF SERVICES                                    HOURS
05/01/2023         AP                         Update legacy loan inventory for potential purchasers                                   0.8
05/01/2023         JN                         Attend call with S. Kafiti (KServicing) J. Nelson (AlixPartners) to discuss legacy      0.4
                                              loan transition
05/01/2023         JN                         Review draft MSA for legacy loan servicing                                              0.6
05/02/2023         JN                         Attend call with S. Kafiti, P. Greene, D. Evans, C. Grisham (all KServicing) J.         0.5
                                              Nelson, A. Perrella (both AlixPartners) to discuss legacy loan transition and
                                              diligence updates
05/02/2023         JN                         Prepare responses to forward flow party requests regarding transition of servicing      0.4
05/09/2023         AP                         Review charged-off loan inventory for diligence of potential buyers                     0.4
05/11/2023         JN                         Attend call with D. Im (HCG) S. Kafiti, D. Evans (all KServicing) to discuss            0.5
                                              legacy loan transition process
05/11/2023         JN                         Attend call with S. Weinberg (Stone Ridge) to discuss legacy loan transition            0.3
05/12/2023         AP                         Review charged-off loan inventory for diligence of potential buyers                     0.6
05/15/2023         JN                         Prepare analysis of forward flow party loans                                            1.2
05/16/2023         AP                         Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss legacy loan      0.2
                                              analysis
05/16/2023         AP                         Attend call with S. Kafiti, D. Evans, P. Greene, C. Grisham (all KServicing ) J.        0.8
                                              Nelson, A. Perrella (both AlixPartners) to discuss legacy loan transfer status
05/16/2023         AP                         Update legacy loan forecast collections based on latest portfolio data                  1.1
05/16/2023         JN                         Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss legacy loan      0.2
                                              analysis
05/16/2023         JN                         Attend call with S. Kafiti (KServicing) J. Penabad (HCG) to discuss legacy loans        0.4
05/16/2023         JN                         Attend call with S. Kafiti (KServicing) to discuss legacy loan analysis                 0.1
05/16/2023         JN                         Attend call with S. Kafiti, D. Evans, P. Greene, C. Grisham (all KServicing ) J.        0.8
                                              Nelson, A. Perrella (both AlixPartners) to discuss legacy loan transfer status
05/16/2023         JN                         Conduct analysis of legacy active loan for forward flow party portfolios                1.1
05/17/2023         JN                         Attend call with S. Kafiti (KServicing) to discuss legacy loan analysis                 0.3
05/17/2023         JN                         Create summary of legacy active loan analysis for forward flow party portfolios         1.6
05/18/2023         AP                         Attend call with S. Kafiti, D. Evans (both KServicing) J. Nelson, N. LoBiondo, A.       1.4
                                              Perrella (all AlixPartners) to discuss charged off legacy loan population and data
                                              needed for loan transfer/sale
05/18/2023         AP                         Update legacy loan inventory data for diligence request                                 1.2
05/18/2023         JN                         Attend call with M. Kennedy (Chilmark) to discuss legacy loan analysis and              0.8
                                              emergence planning
05/18/2023         JN                         Attend call with S. Kafiti (KServicing) to discuss legacy loan analysis                 0.2
05/18/2023         JN                         Attend call with S. Kafiti, D. Evans (both KServicing) J. Nelson, N. LoBiondo, A.       1.4
                                              Perrella (all AlixPartners) to discuss charged off legacy loan population and data
                                              needed for loan transfer/sale
05/18/2023         JN                         Review charged-off inventory list for transition to Vervent                             0.4
05/18/2023         JN                         Revise summary of legacy active loan analysis for forward flow party portfolios         1.1
05/18/2023         NL                         Attend call with S. Kafiti, D. Evans (both KServicing) J. Nelson, N. LoBiondo, A.       1.4
                                              Perrella (all AlixPartners) to discuss charged off legacy loan population and data
                                              needed for loan transfer/sale
05/22/2023         AP                         Update legacy loan inventory for potential bidder                                       1.8
                         Case 22-10951-CTG                    Doc 895-2            Filed 07/13/23             Page 31 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Loan Transfer Activities
Code:              20006554P00002.1.21

DATE               PROFESSIONAL                                        DESCRIPTION OF SERVICES                                       HOURS
05/22/2023         DCR                        Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. Rieger-      0.6
                                              Paganis, J. Nelson, T. Thoroddsen (partial), N. LoBiondo (all AlixPartners) to
                                              discuss final SBA and borrower refunds process and open items
05/22/2023         JN                         Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. Rieger-      0.6
                                              Paganis, J. Nelson, T. Thoroddsen (partial), N. LoBiondo (all AlixPartners) to
                                              discuss final SBA and borrower refunds process and open items
05/22/2023         JN                         Attend call with S. Kafiti, D. Evans (all KServicing) C. Bentley, L. Castillo (all        1.0
                                              Weil) T. DeClerq (Lendistry) K. Adler (Amex) L. Schweitzer (Cleary) M. Kennedy
                                              (Chilmark) to discuss transfer of PPPLF loan servicing
05/22/2023         JN                         Conduct analysis of forward-flow party portfolio performance                              1.2
05/22/2023         NL                         Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. Rieger-      0.6
                                              Paganis, J. Nelson, T. Thoroddsen (partial), N. LoBiondo (all AlixPartners) to
                                              discuss final SBA and borrower refunds process and open items
05/22/2023         TBT                        Attend call with J. Mullaney, T. Williams, S. Haliburton (all KServicing) D. Rieger-      0.2
                                              Paganis, J. Nelson, T. Thoroddsen (partial), N. LoBiondo (all AlixPartners) to
                                              discuss final SBA and borrower refunds process and open items
05/23/2023         JN                         Attend call with S. Kafiti, P. Greene, C. Grisham, J. Arnold (all KServicing) to          0.9
                                              discuss legacy loan transition and sale process
05/24/2023         AP                         Update legacy loan inventory with updated borrower statuses for potential bidder          1.2
05/25/2023         AP                         Attend call with J. Nelson, A. Perrella (both AlixPartners) to discuss charged-off        0.3
                                              portfolio analysis
05/25/2023         AP                         Update legacy loan inventory with latest inventory balances for potential bidder          1.8
05/25/2023         JN                         Prepare summary of forward flow party portfolio performance                               0.7
05/26/2023         JN                         Prepare summary of forward flow party portfolio performance                               1.6
05/31/2023         AP                         Respond to diligence requests from potential bidder of legacy loan portfolio              1.4
05/31/2023         JN                         Attend call with C. Bentley (Weil) to discuss legacy loan transition                      0.3
05/31/2023         JN                         Attend call with S. Kafiti (KServicing) to discuss legacy loan transition                 0.4
Total Professional Hours                                                                                                               34.8
                            Case 22-10951-CTG                  Doc 895-2   Filed 07/13/23       Page 32 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Loan Transfer Activities
Code:                               20006554P00002.1.21

PROFESSIONAL                                                          RATE      HOURS                   FEES
Deborah Rieger-Paganis                                                $1,220       0.6      $          732.00
James Nelson                                                          $1,020      19.0              19,380.00
Thora B Thoroddsen                                                     $950        0.2                 190.00
Anthony Perrella                                                       $605       13.0               7,865.00
Nicholas LoBiondo                                                      $605        2.0               1,210.00
Total Professional Hours and Fees                                                 34.8      $       29,377.00
                        Case 22-10951-CTG               Doc 895-2          Filed 07/13/23          Page 33 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309




Re:                Travel Time
Code:              20006554P00002.1.31

DATE               PROFESSIONAL                                 DESCRIPTION OF SERVICES                            HOURS
05/02/2023         JN                    Travel from Boston to NYC for engagement team meetings                       3.5
05/03/2023         JN                    Travel from NYC to Boston following engagement team meetings                 3.5
05/24/2023         JN                    Travel from Boston to NYC for engagement team meetings                       3.5
05/25/2023         JN                    Travel from NYC to Boston following engagement team meetings                 3.5
05/31/2023         JN                    Travel from Boston to NYC for engagement team meetings                       3.5
Total Professional Hours                                                                                             17.5
                            Case 22-10951-CTG             Doc 895-2   Filed 07/13/23       Page 34 of 34




Kabbage, Inc. d/b/a Kservicing
925B Peachtree Street NE
Suite 383
Atlanta, GA 30309



Re:                                 Travel Time
Code:                               20006554P00002.1.31

PROFESSIONAL                                                     RATE      HOURS                   FEES
James Nelson                                                     $1,020      17.5      $       17,850.00
Total Professional Hours and Fees                                             17.5     $        17,850.00
Less 50% Travel                                                                                (8,925.00)
Total Professional Fees                                                                $         8,925.00


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