An additional $960 is kept above and beyond the reserves.
The loan option gives the payee the option to receive a draw at any time and is paid back on the week of the payees draw
Ex. The payees pay out is on the 4th week of the month.. the payee would like a loan against their Draw and would like to receive the payout on the 2nd week. The Draw is taken from the Loan Funds.
The loan is repaid on the 4th week when the payee receives their payout.