BLUE ACORN CUSTOMER SERVICE CODE

If you're a customer trying to contact Blue Acorn's customer service department with no luck, you're not alone. The Better Business Bureau Issues an Alert for a 'Pattern of Complaint' Of course, Blue Acorn has disputed the report, stating that the UT report was done using flawed methodology. This was based on several indicators of fraud when analyzing Small Business Administration (SBA) data. In a report published by the University of Texas, its team flagged approximately 30% of PPP loans done through Blue Acorn as being suspicious. In only one year, Blue Acorn reportedly profited $1 billion from processing PPP loans for approximately 820,000 small business owners. What You Should Know About Blue Acornįounded in Scottsdale, Arizona, Blue Acorn (also spelled 'Blueacorn') helped process more than $12 billion in Paycheck Protection Program loans, according to ABC affiliate channel 15 Phoenix. In fact, the average American will spend 43 days of their life on hold - that's a lot of time wasted. The extent to which you are eligible for forgiveness depends on theįorgiveness rules and regulations issued by the SBA.Are you experiencing issues with a company and need them resolved? Skip the long phone queue with DoNotPay! It's tiring to wait hours on end to get assistance from a company, especially if you're a paying customer. Not have formal business expenses that you report on your Schedule C, you will be limited to having 60% of your Please note, the SBA has limited loan forgiveness for applicants who are self-employed. Requiring the disclosure of key individuals who own orĬontrol a legal entity (i.e., the beneficial owners) helps law enforcement investigate and prosecute these Legal entities can be abused to disguise involvement in terrorist financing, money laundering, taxĮvasion, corruption, fraud, and other financial crimes. Obtain, verify, and record in about the beneficial owners of legal entity customers at the time a new account is To help the government fight financial crime, Federal regulation requires certain financial institutions to Up to 3.5x monthly payroll costs for a second draw.

BLUE ACORN CUSTOMER SERVICE CODE

If your business falls under NAICS code 72 (Accommodation and Food Services), you may qualify for PPP borrowers are eligible for up to 2.5x monthly payroll costs for their initial PPP loan, as well as any Loan forgiveness are subject to your ability to meet government-set eligibility requirements. There are no fees for applying for PPP or forgiveness.

BlueAcorn does not guarantee that applications will be processed and submittedīefore PPP funds are no longer available. BlueAcorn may need additional information from you laterĪnd does not guarantee that it will be able to submit your application to the SBA based solely on the Qualified applications will be submitted to the SBA. Funds are limited, and may not be available at this time. Loan agreements will identify the appropriate lender to Small Business Administration ('SBA”) lenders. PPP loans are made by one or more approved Interest rates for the Paycheck Protection Program ('PPP') are at 1%.

We have your information from the initial application, so the process is streamlined and easy. Amazing Support - Videos, Email and Chat Most loans under $150,000 will be able to apply for forgiveness in just about 5 minutes.

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