QUEST INTENSIVE LLC
Bank of America · Staten Island, NY · July 1–31, 2026 (1 of 4 statements on file)
Beginning balance
$22,300.42
Total credits
$56,971.87
18 deposits
Total debits
$51,596.65
125 withdrawals
Ending balance
$27,630.64
New York requires 4 full months of statements. This is one of the four — count all of them before you call the file.
What jumps out
Read it the way a reviewer would
125 withdrawals in one month
That is an extremely high transaction count for a single month. A file this noisy takes real time to review properly — do not rush it, and do not skip straight to the ending balance.
Mixed revenue rails
Deposits include Square transfers and mobile check deposits alongside Zelle payments from a dance studio client (S1DC LLC) and individual Zelle payers — a legitimate business, but revenue is spread across several different rails rather than one clean channel.
Heavy discretionary PayPal activity
Dozens of small PayPal purchases — Airbnb, Uber Eats, subscriptions, Apple, Spotify — run through the business account. This is personal-style spending commingled with business funds, which dilutes true revenue and muddies the read.
SBA EIDL loan payments already outstanding
Three recurring SBA EIDL loan payments appear this month. That is an existing federal position already drawing from cash flow before any new advance is considered.
$7,837 wire out labeled 'all quest balances'
A single wire transfer memo referencing sweeping the account's balances is worth a direct question to the merchant before this file goes anywhere.
Advisor's read
Real revenue, but the file needs cleanup before it is fundable
Gross deposits clear $10k easily, and the business is clearly operating. But this file has three separate problems stacked on top of each other: transaction volume that makes the statement hard to trust at a glance, revenue running through multiple uncoordinated rails instead of one clean channel, and an existing SBA EIDL position already in place. None of these are disqualifying on their own — together, they are a build conversation, not an upfront fund.
The call
Build — confirm the wire transfer with the merchant, quantify the EIDL burden, and get this onto cleaner rails before resubmitting.