Sup Startup
Issue with Kabbage PPP bank account - Printable Version

+- Sup Startup (https://supstartup.com)
+-- Forum: Startup Forum (https://supstartup.com/forumdisplay.php?fid=3)
+--- Forum: Small Business (https://supstartup.com/forumdisplay.php?fid=12)
+--- Thread: Issue with Kabbage PPP bank account (/showthread.php?tid=3561)



Issue with Kabbage PPP bank account - Aplus - 02-17-2021

Issue with Kabbage PPP bank account

I have an entirely virtual "checking account". There is an account number, routing number, and even a direct deposit form. There are no paper checks.

Kabbage has approved my second draw PPP loan. This new account is different than the account I used for the first draw loan.

Kabbage has verified the new account with a micro deposit. However, their support reps keep telling me I have to send a color copy of a voided check, to verify the account. I sent the direct deposit form from my bank, but they tell me they cannot use this account for my PPP deposit without a voided check.

I'm not sure if I'm getting bad representative advise, or if I need to go open an entirely new business checking account with a local bank and wait for them to mail me new checks? Really irritating situation.

submitted by /u/PhuckItLLC
[link] [comments]