Get blue acorn ppp

Get blue acorn ppp. FAQ about PPP Loan Forgiveness; Direct forgiveness knowledgebase; Video: PPP direct forgiveness borrower portal training; Video: Creating a new user profile on the PPP direct forgiveness portal; Video: How to apply on the direct forgiveness portal; Video: How to electronically sign your application on the direct forgiveness portal Apr 30, 2021 · This is a better example of how to fill out the BlueAcorn PPP loan application for independent contractors and sole proprietors. Dec 2, 2022 · The report said Reis and Hockridge moved to Puerto Rico after getting many of their PPP loans forgiven. A prop-up company created only for PPP. I have not received one red cent from you or Capital Plus Financial, LLC since being approved in April. I have received a text saying the loan has been submitted to the federal reserve for funding and that it usually takes 7-10 business days to hit my account. Instead of trying to contact them, you should try to contact the actual lender. In fact they told me my funds would be here within 10 business days. I foolishly gave them my personal info for a PPP loan, I never heard anything back for a month so I tried to cancel my application via phone, email and chat…no one ever got Sep 9, 2023 · Claim up to $26,000 per Employee for the Employee Retention Tax Credit Retroactively until 2024. Where can I get more information about the lawsuit? PPP borrowers are eligible for up to 2. Dec 1, 2022 · Blueacorn PPP helped process more than $12 billion in PPP loans, according to the company. Apr 27, 2021 · Blueacorn bills itself as “the simplest way to apply for PPP funding,” but is it actually a legit way of getting a Paycheck Protection Program loan?. I am starting to think a lot of lenders are purposely holding people up because they know the money will be out in a few days. If you used your PPP funds to pay personal expenses, you will just need to prove that the “business” first paid you personally. If your business falls under NAICS code 72 (Accommodation and Food Services), you may qualify for up to 3. If your business falls under NAICS code 72 (Accommodation and Food Services), you may qualify for up to 3. Here's a an excerpt from an article about the Blue Acorn PPP process: Blue Acorn is a horrible company (not saying that out of spite). I have no idea what’s going on there, but I 100% regret getting involved with them. Score: 4. Blue acorn helps self-employed and 1099s qualify for a Forgivable PPP loan from the SBA. Harris (2 We would like to show you a description here but the site won’t allow us. 4/9 - SBA Approved. Meanwhile, Blueacorn processed at least $14 billion in PPP loans throughout the program, while taking $1 billion in PPP borrowers are eligible for up to 2. Also, on blue acorn site, I am still at the point of you should get your funds in a certain amount of days. This includes your procedures being restricted by business, failure to take a trip or restrictions of group meetings Gross invoice reduction criteria is different for 2020 as well as 2021, yet is determined versus the present quarter as contrasted to 2019 pre-COVID quantities I got an email back from him/her about 30 minutes later. The case claims CPF, at the direction of Crossroads, “exploited the increased fees” for small loans by agreeing to fund 472,036 PPP loans, totaling over $7. They are usually only set in response to actions made by you that amount to a request for services Aug 6, 2021 · PPP Loan Forgiveness Application Blue Acorn – If you happen to require fast loan authorization, the PPI loan forgiveness program is a terrific way to get money you need without delay. It should arrive within the next 3 weeks. Get Blue Acorn PPP. Prospective applicants can access the loan portal at https://blueacorn. In 2020, Prestamos processed nearly 1,000 PPP loans, reportedly receiving $1. Fountainhead was forced to get “a temporary restraining order against [Womply], so they can’t Somebody posted on reddit saying that they kept contacting blue acorn because they were approved but never got the approval number and they didn't get the docusign so supposedly they called sba them selves got the loan number and just went to a local bank explained the situation and since he didn't sign a pn with blue acorn he said the local bank just used his loan approval number and funded Dec 2, 2022 · A Scottsdale company, Blue Acorn, stands accused of PPP fraud. They were very apologetic and assured me I would get my documents to sign asap. com Published: 10:43 PM PST December 1, 2022 I was not given an option of the prepaid card until the second time I money had been rejected by branch have and that was in July once I selected the prepaid gas card literally blue Acorn has been giving me the runaround until just recently a couple of days ago this being the end of October remind you finally was sent a proof of address cuz the How many days in are you I'm day 16 and still nothing they said by tomorrow but they know they're working with chime trying to get it but I'm sole proprietorship so my business is my name and apparently it's still rejected it said they'd notify me by tomorrow if I get it or if they've got to update banking and I'd imagine update banking it's been 5 days and they haven't done anything BLUE ACORN, LLC is in the Custom Computer Programming Services industry, has a $1,000,000 - $2,000,000 PPP loan from United Community Bank, and has potentially retained 121 jobs. Dec 1, 2022 · "I co-founded Blue Acorn as a remedy for the blatant discrimination that's suffocating small businesses & their employees during this government-mandated shutdown," she wrote at the time. Author: 12news. Update 3/22 - just received DocuSign. Guys it’s not normal to wait over a week for a SBA approval. Jan 13, 2024 · There is a delay from Blue acorn in the delivery of the Paycheck Protection Program (PPP) loan documents which are to be signed and it’s making users worried. Learn more. Capital Plus Financial and Blue Acorn aligned on the Jan 5, 2024 · What are the potential consequences for Blue Acorn? Blue Acorn could face financial penalties and be forced to compensate affected businesses. The SBA reopened PPP applications for a third round on January 11, 2021, and that round of funding extended until May 31, 2021. The dialogue between myself and blue acorn has been very brief and I can’t get ahold of a live agent. How do I check the status of my PPP loan Blueacorn? Blue Acorn PPP Loans has helped over 20,000 businesses receive relief through the PPP loan program (Source: Blue Acorn PPP Loans). never got As part of the Paycheck Protection Program, the federal government has provided hundreds of billions in financial support to banks to make low-interest loans to companies and nonprofit organizations in response to the economic devastation caused by the coronavirus pandemic. " Out of the 1. 7 billion and $3 billion, the panel said in a letter Monday. she also stated you must verify identity before providing your PPP loan info : ACCOUNT info” FEES FEES AND MORE FEES will was approved for ppp loan said prepaid card was on way after they said do not accept bank (varo) . Everything with blue acorn has to be done through or tickets or emails. 5 billion in I spoke with a 24/ Hour Dash Customer Service Representative from (HAD to go thru the lost or stolen debit card CALL route / ☎️call center line” and she informed me that BLUE ACORN has sent cards to PPP recipients this week and will arrive in 7-10 BUSINESS DAYS. 4 million or more PPP loans, generating fees between $1. Dec 2, 2022 · Womply also refused to cooperate with the Small Business Administration (SBA) inspector general’s office and lending partner Fountainhead, which requested information to investigate potential fraudulent loan activity carried out by PPP borrowers. Key differences from the pre All based on BA text and email alerts: 4/7 submitted application to BlueAcorn, advised 1-2 days 4/7 BA submitted my application to the SBA for approval, advised 1-3 days to approve then 2-5 days to fund if I qualify I signed on 4/20 Varo and blue acorn lender capital plus still nothing tmmr will be the 14th business day bc it went to 10-14 days Blueacorn is an online platform focused on giving underserved businesses free and fair access to PPP funding through an easy-to-use application wizard that fills out the paperwork for you, automatically assembles your loan & sends it to the bank ready for funding, fast. Start Your PPP Loan Forgiveness Application. Do you qualify for 50% refundable tax credit? ERC program under the CARES Act encourages businesses to keep employees on their payroll. I signed up over a month ago with blue acorn, and since then another lender approved me within a week…meanwhile Blue acorn has ignored all my emails and tickets asking them to close my pending application. my status even updated to show […] Well I pray it works out better for you I been approved and in the funding status with blue acorn for almost 5 months now. Anyone who receives a 1099 and/or files a Schedule C is likely eligible. 100,000+ Self-Employed Helped in 2021. Currently the PPP program is closed and not accepting any new applications. Fountainhead CEO Chris Hurn told American Banker he would cooperate fully with the new investigation, adding that his company has "always strived to conduct itself honorably and carry Good morning folks. According to the SBA, more than 4 million PPP loans were approved for $350 billion in less than two months (Source: Small Business Administration). BlueAcorn PPP Application. There is no one you can speak to. With the updated guidance allowing 2. 4 weeks ago they gave me the option to get the Dash prepaid card with my funds loaded on it but still as of this morning they have not sent any of my information over to Dash so that they can process my card and get it to me and it's only 6785. The Payment Protection Program (PPP) was a COVID-19 relief mechanism created in March 2020 by the US government as part of the CARES Act in an effort to protect small businesses and their employees from government-mandated shutdowns and the effects of social distancing measures. Follow us on social media PPP borrowers are eligible for up to 2. She had included me in a group email to several blue acorn email addresses asking for the status of my loan. 5 months’ worth of net income as OCR, meaning your entire PPP loan might be used for private purposes—essentially free money. ©️ 2022 Blueacorn PPP, LLC a Arizona LLC / FinCap, Inc an Wyoming Corporation. 4/18 - DocuSign the agreement, Dec 17, 2021 · “Most self-employed and 1099 contractors had no idea they could actually qualify for a 100 percent forgivable PPP loan,” one ad said. . Login. Like many of us I was approved for my PPP by Blue Acorn and was funded in June 2021 (blue acorn is just a 3rd party, if you applied for your loan through blue acorn, your funds came from Prestamos bank). About The ERC Program What is the Employee Retention Credit (ERC)? Get Blue Acorn PPP May 4, 2023 · The company became a favorite conduit for PPP loans for a drug gang in the Orlando area called the Army Gang whose alleged members were arrested as part of the Metropolitan Bureau of Investigation Signed docs on April 18th, was waiting in the funding stage for 2 weeks and then out of the blue received the "Identify Verification" email, so I resubmitted and now the blue acorn portal is stuck on the documents being received but nothing else. There are no fees for applying for PPP or forgiveness. Independent contractors in real estate may qualify Dec 9, 2022 · Fountainhead was forced to get “a temporary restraining order against [Womply], so they can’t destroy these [PPP loan] documents,” according to the report. Is a PPP Loan for Self-Employed considered taxable income? Mar 8, 2021 · MooveGuru recently partnered with Blue Acorn to provide independent contractors with the ability to get a PPP (Paycheck Protection Program) loan. Jun 27, 2021 · Blueacorn will get a “significant” portion of the $1. A user wrote: “It’s been a week since I was SBA approved (4/6) and I still have not received DocuSign documents. Blue Acorn Ppp RIDICULOUS! I signed on 4/19 technically the 10th business day would have been like May 4th then on May 5th the sent me saying i needed to confirm my identity by submitting by drivers license & a selfie they text me 3x saying it didn’t work & need to do it again bc it was blurry but it was not! May 18, 2020 · Blue & Co. And two Fintechs are being accused of facilitating billions in PPP fraud and enriching themselves in the process. It didn’t go well . Looking for your PPP Forgiveness Application? It's over in our new portal: Go To New Portal. Here are the main points on full loan forgiveness for self-employed people up to $20,833. Most people here seem to have progressed to Stage 2/"Submitted for SBA Approval" within 1-2 days of applying - has anyone experienced this kind of delay with Blue Acorn? Jan 9, 2023 · When the Paycheck Protection Program launched during the pandemic shutdowns of spring 2020, it immediately became a chaotic free-for-all. Join 10,000s of Other Business and Apply For a 100% Forgivable PPP Loan Before Funds Run Out One digit was missing in routing number and “support ticket” was submitted SAME DAY 3. now on to funding. My 2nd draw said “Sign and hold” for about 3 weeks and showed in the top right corner that my lender would be Fountainhead. On December 21, 2020, Congress passed the Consolidated Appropriations Act, 2020 (CAA), providing additional funds for the PPP. As an authorized PPP lender, Prestamos was entitled to receive fees from the SBA for each PPP loan it processed. Apr 30, 2021 · This is a better example of how to fill out the BlueAcorn PPP loan application for independent contractors and sole proprietors. During the COVID-19 pandemic, Blueacorn was created with the singular purpose of democratizing the Small Business Administration’s (SBA) Payment Protection Program (PPP) by acting as a lender service provider for the smallest of small businesses. Blue Acorn is a scam, they delete comments on Facebook and disabled comments on their tiktok ads. Follow us on social media May 9, 2021 · 00:00 - What is Blue Acorn PPP?00:38 - How can I get my PPP loan forgiven?01:07 - How long does it take for Blue Acorn to approve PPP loan?Laura S. The video in the player above is from December 2021 coverage of the initial fraud investigation. 3 million in fees from the SBA, according to court documents. 5x monthly payroll costs for their initial PPP loan, as well as any second draw. 2 billion that Prestamos is collecting, said José Martinez, the lender’s president. ) never received a response to correct it 4. Nov 17, 2022 · First and foremost it took me over a year you're to receive receive funds from my PPP loan. If it does not please contact our support team at support blueacorn Best regards, Anna portal says review in progress (11) a minute ago Hello Evan, Thank you for writing us back. BlueAcorn has helped over 500,000 self-employed and 1099s get over $8 billion in forgivable PPP loans. If you wish to begin preparing your application, you can download the following PPP borrower application form to see the information that will be requested from you when you apply with a lender: The PPP allows small businesses and independent workers to apply for low-interest private loans to help pay for their payroll and other costs. For inquiries related to your PPP loan, please contact our customer support team . 7 million loans reviewed, the committee found Blueacorn only had one person dedicated to May 12, 2020 · For the purposes of the PPP Loan, you are considered the employee and your loan amount is used to pay yourself. Please do not contact Blue Acorn ICI in connection with your PPP loan. will have more information related to the PPP forgiveness application forthcoming. Dec 2, 2022 · A Scottsdale company, Blue Acorn, stands accused of PPP fraud. Is that normal? Or will I not get the funds until I do the docu sign Blue Acorn is not your lender, they simply processed the applications. Approval and loan forgiveness are subject to your ability to meet government-set eligibility requirements. PPP borrowers are eligible for up to 2. If you received a PPP loan from Blueacorn, you can have it 100% forgiven as long as you apply for it. Ready to Finish Your Application? Need Help? support@blueacornppp. 4/7 - Submitted the PPP loan application to SBA thru Blue Acorn. May 12, 2020 · In light of latest PPP guidelines, self-employed people and independent contractors now get the whole loan forgiven automatically. Hi Evan, We have reviewed your documents and requested a replacement prepaid card. to identify borrowers to whom CPF could offer PPP program loans. Called PPP for short, the program offered simple-to-get Dec 2, 2022 · The report is in. co/. Womply and Blue Acorn top executives are being accused of flouting the PPP rules and improperly collecting loans for themselves in the process. 5x monthly payroll costs for a second draw. They’ve made several shady moves during this whole PPP era and it’s helpful if people are aware of it when choosing a company to apply with. The report, title I’ve been using Womply throughout the ppp process, and received my first draw through Harvest on 04/21. However they never sent me the DocuSign email. Nov 23, 2021 · A congressional subcommittee aimed at investigating financial fraud during the pandemic broadened its probe into online lending this week to include two of the most prominent processors of There are no fees for applying for PPP or forgiveness. 00 They got where they do not These cookies are necessary for the site to function and cannot be switched off in our systems. As well as businesses, individuals like your contractors and commission-based workers, are eligible for PPP funds. I’ve been approved and everything. | <a href Blue acorn helps self-employed and 1099s qualify for a Forgivable PPP loan from the SBA. Feb 15, 2020 · If I pay my bills using my funds, will I still get forgiven? If you can show documentation that you paid payroll and business operating expenses during the covered period, your loan can be partially or fully forgiven. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. Bulshit and more bulshit. I applied to Blue Acorn(2nd draw). We make that process simple, with most borrowers able to submit and sign their application in under 5 minutes using this portal. Nov 18, 2022 · Get blue acorn PPP. Arizona’s Family reached out to BlueAcorn and Capital Plus and have not heard back. Interest rates for the Paycheck Protection Program ("PPP') are at 1%. Blue Acorn why is it stating funds were disbursed and the loan is ongoing. Dec 1, 2022 · In addition to receiving millions as co-owners, Blueacorn’s Nathan Reis and his wife, Stephanie Hockridge-Reis, applied for and received nearly $300,000 in PPP loans for themselves and their own Dec 2, 2022 · Another message by Hockridge says, "closing these monster loans will get everyone paid. 8/5 (22 votes) . ) was told by chat rep from Blue Acorn that all was good and just needed to fix routing number and to wait for email this was 6/23 and within 30 min of that chat was denied as well as 75k other people according Dec 1, 2022 · Twitter Blue’s Chaotic Revamp: The overhaul of the subscription service that lets users buy verified badges was the first big test for Elon Musk as the platform’s new owner. I had my funds deposited into my Capital One personal checking account that I only used for business purposes. com. Jan 11, 2021 · In collaboration with FinTech platform Blueacorn, CPF has developed an easy-to-use application wizard that automatically completes and submits all necessary documentation directly to the lender. So I’ve applied for my ppp through blue acorn. card never came than blue acorn said del with dash, said said go back to blue acorn. Key differences from the pre PPP borrowers are eligible for up to 2. Blue acorn helps self-employed and 1099s qualify for a Forgivable PPP loan from the SBA. The revised forgiveness applications and instructions can be found here: PPP Loan Forgiveness Application Form 3508EZ Instructions for Borrowers; PPP Loan Forgiveness Application Form 3508EZ; PPP Loan Forgiveness Application Instructions for Borrowers May 14, 2024 · To get a clearer picture of Blue Acorn’s involvement in the PPP fraud, let’s delve deeper into the allegations and evidence: Facilitating Fraud: The congressional report claims that Blue Acorn processed loans for ineligible applicants, including those with signs of potential fraud. We've partnered with community lenders to offer 100% Forgivable PPP Loans to the over-looked. SBA portal shows my loan as "Active Un-Dispursed" so who the hell knows what's going on. What does this lawsuit mean for the PPP program? The lawsuit raises questions about the program’s integrity and the adequacy of safeguards against fraud. We've helped 100,000+ customers, and have 100s of 5 star reviews. com Published: 10:43 PM PST December 1, 2022 There are no fees for applying for PPP or forgiveness. Nov 24, 2021 · Womply worked with 17 lenders to process 1. I signed my DocuSign document w/blue acorn yesterday(5/18). The longest I have seen an approval take is 3 days & that was long to me. How am I expected to pay back a loan I never got. Applied with Blue Acorn Wednesday 3/17, sent to SBA Thursday 3/18, and just now 3/20 got my approved by the SBA email! Such a relief. Well, Blueacorn had an “F” rating from May 31, 2021 · All Second Draw PPP Loans will have the same terms regardless of lender or borrower. Oct 12, 2021 · Prestamos Allegedly Used PPP Loans to Make Itself Money Instead. Jan 4, 2022 · Per the case, CPF or Crossroads contracted with startup Blue Acorn PPP, LLC or its affiliate FinCap, Inc. Blue Acorn then emailed me and answered all of the questions I had asked in my email to Faranza. Circle jerking me. Looking for blue acorn ppp reviews? We've compiled some of the reviews and testimonials from our 100,000+ happy customers. The first night my application status was listed as "underwriting", then switched to "processing", and it's stayed that way for 6 days. hwxypwj avgpm utsmd fhldxl jicuz ffyvqp xtecrvv uhwcsa idakt nzpm