Is blue acorn sba approved ive realized that it’s really blue acorn ppp Question? a few questions, I applied on 3/31, sent to SBA on 4/1 , SBA approved today 4/3. Dec 9, 2022 · On Wednesday, the SBA said it was investigating the allegations made in the report, including those dealing with Blueacorn and Prestamos, the financial institution owned by the nonprofit Chicanos CHIME,BlUE ACORN,WOMPMLY PPP LOAN, Chime BANK PPP/SBA APPLICATION LOAN UPDATE APPROVED OR DENIED? ACCEPTED OR REJECTED. Is chime accepting PPP loans IN 2021? Can I trust Blueacorn? Yes. So my current timeline is applied 04/01 Submitted to sba 04/02 3. Can anyone just answer yes/no with a date on whether they received their loans in the last week? Is the money still flowing? The official SBA stats show that only 20 000 loans have been approved in the last 3 weeks. Jul 7, 2022 · How long does it take the SBA to approve a PPP loan? The SBA’s rules say they must fund approved PPP loans within 10 calendar days from the date of approval, although if the borrower hasn’t provided correct information then it can be up to 20 days. They are very unorganized and needed to have a better system in place for the high demand of applicants as well as a customer service response team w accurate info. If you were not funded yet your name is listed funded in the SBA system this status gets updated but it may take a while. Timeline for the whole process 4/3 Application submitted 4/5 Submitted to SBA 4/7 Approved by the SBA - Documents sent 4/9 9pm Received/signed DOCS 4/12 Status Update: Completed Docs 4/27 5:34pm Status Update: Funding 4/29 3:00am Funded (BofA Has anyone applied through blue acorn after the announcement of funds being exhausted and still had their application get sent to sba and or approved? My application is still saying it’s in underwriting. Capital plus is still funding !!!!! They are currently being monitored by the SBA due to the them not following procedures on releasing funds within the 10 day timeframe he explained how these were supposed to be “emergency funding “ and for some people have practically turned into a shit show . We've helped 100,000+ customers, and have 100s of 5 star reviews. I contacted Blue Acorn through the chat function and this man told me there are problems with my application but I’ve been SBA approved for weeks. I withdrew womply because my loan was so small it wouldve been useless to apply for forgiveness for. Email says 1-3 business days. During the pandemic, we partnered with certified SBA lenders to facilitate PPP loans directly from the SBA and the Federal Reserve. Received funding email immediately after signing. That’s evidently not the case if they are denying people anyways with no reason or explanation. I… Customer: Hello. I was awaiting the opportunity to update to the 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. Online with SBA it shows my loan and says disbursedCustomer: what can i do if the sba shows funds disbursed to me but now blueacorn advises me im not approved after i signed the note Accountant's Assistant: Have you talked to a financial professional about this? Customer: A financial professional from where blueacorn Accountant's . Blue Acorn doesnt support Fidelity Bank, where my business account is. Blue Acorn sent me a text saying I didn't send a copy of my 1040 schedule C tax form for 2019/2020. Now 3 days later I’m waiting on documents 👀👀how long have any one waited for DocuSign? Reply reply Kind_Year_1317 • It’s been 11 days that I’ve been approved by blue acorn for ppp . Is chime accepting PPP loans IN 2021? Has anyone received an email from blue acorn that sba has approved funding and to wait 24-48 hours for docs, but the blue acorn portal still says waiting for sba approval? I am confused. As soon as you have your SBA loan number, that money is set aside specifically for you and has to be funded. If you have applied and don't have an SBA number yet, the SBA will still be able to take your application. 5 Unfortunately, many of these fees may have been earned by processing fraudulent or ineligible loan applications. The direct link for your application. In light of latest PPP guidelines, self-employed people and independent contractors now get the whole loan forgiven automatically. After submitting a ticket the agent who responded said there's an issue with the third party vendor in generating the docusign documents, but you're Blue Acorn PPP, LLC (Blueacorn) processed at least $14 billion in PPP loans throughout the duration of the PPP program. Potential borrowers should be aware of the risks involved in working with Blue Acorn and should do their due diligence before applying for a loan. day or 2 later the sba approved my application. Aug 5, 2025 · Blue Acorn iCi is a registered and approved lender and one of only 7,000 lenders nationwide that are authorized to participate in the PPP (U. I found this out myself. May 14, 2024 · The Small Business Administration (SBA) is also reviewing the allegations against Blue Acorn and may take action against the company. I chatted with blueaccorn and had said SBA had an error with my application? I would check with the sba and see if funds can be sent again. Jun 23, 2025 · June 23, 2025 — A federal jury convicted Stephanie Hockridge, a founder of the lender service provider Blueacorn, on Friday in connection with a scheme to fraudulently obtain tens of millions of dollars in COVID-19 relief money guaranteed by the U. So at this point I'm confused as to what Blue Acorn is doing! comments sorted by Best Top New Controversial Q&A Add a Comment Wonderful_Car_2250 • Additional comment actions There is hope Reply Wonderful_Car_2250 • Additional comment actions I just approved Reply YeVett7 • Additional If Blue Acorn is giving you such a hard time, are you sure you want to reapply with them? I've had good luck so far with ALC (PC 9924). Reply more replies PPP loans are made by one or more approved U. Eligible businesses with 500 or fewer employees can get up to $2 million in PPP loan funding. I applied 4/8/21. But on the blue acorn site it says: If You’re Already SBA-Approved, Your Funds Are Secure A common question we’re getting is around “Are my funds secure?”. The bank told to me contact blue acorn. org both say I've been paid the loan. co. However, if day 10 (or 20) falls on a weekend and/or bank holiday, then it’s the next business day. I’ve been getting the same generic response of “documents queued” however today I chatted to another representative and now all of a sudden they need February 2020 bank statements. How SBA helps small businesses get loans The U. To facilitate their operations, they entered into lender service provider agreements (LSPAs) with two lenders, allowing Blueacorn to collect and review PPP applications and receive a percentage of the SBA fees paid to the lenders. Treasury. For those who have an SBA approved loan number, the funds are guaranteed. Is chime accepting PPP loans IN 2021? There has been zero movement. If you have an email into those regards I would suggest forwarding that to your local SBA rep. org. Anyone seen their loan in CAWeb first and know how long after before getting the approval email from blue acorn?? Oct 21, 2021 · Ironic what Blue Acorn has been doing… Ironic what Blue Acorn has been doing with their auto replies. BBB helps resolve disputes with the services or products a business provides. Jan 4, 2022 · A class action alleges Capital Plus Financial and Crossroads Systems have failed to fund approved PPP loans in violation of CPF’s contracts with borrowers. Loan agreements will identify the appropriate lender to small businesses at signing. Funds can also be used to pay for mortgage interest, rent, utilities, worker protection costs related to COVID-19, uninsured property damage costs caused by looting or vandalism during 2020, and certain supplier costs and expenses for operations. Blue Acorn has a wide range of clients. I submitted numerous support tickets for help bu I only receive generic responses. CHIME,BlUE ACORN,WOMPMLY PPP LOAN, Chime BANK PPP/SBA APPLICATION LOAN UPDATE APPROVED OR DENIED? ACCEPTED OR REJECTED. I inform by text that I didn't feel them out because my business folded about 10 years ago I'm trying to start it back up. The rep sent me a link to verify, I verified successfully, he said the verification was a success and I again confirmed with him that I was successfully verified. : r/Blueacorn r/Blueacorn • by ANYONE STILL WAITING ON DOCUMENTS TO BE SENT TO SIGN!! I WAS SBA APPROVED APRIL 1ST AND I HAVEN'T RECEIVED ANY DOCUMENTS !!! BLUE ACORN/CAPITAL PLUS Yeah PPP is out of money. These SBA-backed loans make it easier for small businesses to get the funding they need. That’s insane Blue acorn needs to be locked up. Has this happened to anyone else? comments sorted by Best Top New Controversial Q&A Add a Comment moneymannn44 • BLUEACORN CHIME UPDATE!! This is soooo confusing. BLUE ACORN/CAPITAL APPROVED BY SBA APRIL 1ST STILL NO DOCUMENTS HAVE BEEN SENT FOR ME TO SIGN!!!!! ANYONE ELSE ??? THIS IS LITERALLY HELL ! I applied through blue acorn in March 31st I was approved by the SBA on 04/03 signed my documents on 04/06 ITS NOW THE 19th and NO FUNDS HAVE CAME YET Today makes the 9th business day and still no money somebody please give me some hope it’s been in this status since 04/06 . Applied on April 1st and SBA Approved on April 5th. . Any help highly appreciated !! Back when blue acorn would send emails saying sba approved, it has the loan number. Small Business Administration ("SBA”) lenders. Provided that the borrower had executed the loan documents, the lender was required to disburse the PPP funds within ten days of SBA approval and assignment of the Aug 19, 2025 · Second Draw PPP loans can be used to help fund payroll costs, including benefits. Nov 1, 2025 · Is Blue Acorn SBA legit? BLUEACORN IS A SCAM. I applied on 4/7/2021 and it was approved and sent to the SBA and approved on 4/9/2021. FUNDED! CHASE PPP/SBA LOAN UPDATE BLUE ACORN,WOMPLY DEPOSIT APPROVED OR DENIED?REJECTED APPLICATION - YouTube Aug 2, 2021 · Blueacorn PPP has 14 reviews (average rating 1. I have received the approved email 2 days in a row, today at 7:30pm would be 48 Oct 21, 2021 · I applied, was approved funds issued, funds were spent…. Got sent to the SBA the same day . I applied for a ppp loan with blue vine, the loan I qas approved for ppp loan the sba shows it was disbursed. Blue acorn helps self-employed and 1099s qualify for a Forgivable PPP loan from the SBA. The money that was sent back was not the loan funds from blue acorn. Professional certifications are available and may be required by certain employers. I started making deposits to my account and the bank sent the funds back to blue acorn December of last year. I also sent Blue Acorn a nicety message regarding “timely funding”, keeping in mind the Feds allow them 10 calendar days from your SBA loan origination date to deposit those funds to your account. I do need to change my bank info but they won't answer texts or chat Reply reply more replies more replies More replies As a fintech lender service provider, Blueacorn partnered with the Small Business Administration (SBA) and CDFIs to facilitate the application for and fulfillment of PPP loans predominantly for businesses and workers who qualified as independent contractors, self-employed individuals, freelancers, and gig workers. Following SBA approval of an application, the SBA would issue a ten-digit loan identification number (known as a “GP [General Program] number”) for the borrower’s loan. HAS ANYONE RECEIVED DOUCSIGN FROM BLUE ACORN??, I HAVE BEEN SBA APPROVED SINCE APRIL 1ST STILL NOTHING I SUBMITTED A SUPPORT TICKET (SEVERAL) AND GOT THIS REPSONSE, BUT THIS POINT IDK WHAT TO BELEIVE!!! BLUE ACORN, LLC, located in RALEIGH, NC has a $1000000 - $2000000 PPP loan from United Community Bank and retained 121 jobs. I will say that if there is a demand you buy anything to get the loan it smacks of a scam so I would be weary. Has anybody else gotten the MasterCard from blue acorn I submitted 4/13 application was approved and submitted to Sba but still no update. has a lawsuit been drawn up? I'm on board. 0). Mar 21, 2025 · Is Blue Acorn still accepting PPP applications? Unfortunately We Are No Longer Accepting Applications We are currently unable to accept new applications for PPP loans, due to high volumes, limited SBA funds, and the program's upcoming 5/31 expiration. They say if you have an SBA loan number your funds are guaranteed. Unfortunately if you haven’t been SBA approved yet, that’s it. Not only do they provide counseling, contracting, and expertise, but they also offer […] If you have been approved by SBA they claim your funds are secure and that you will receive your docusign forms to sign soon. Have had a hell of a time trying to get through to Blue Acorn support to find out wher my loan is. Nov 23, 2024 · The indictment also claims the duo charged borrowers illegal kickbacks based on a percentage of the funds received. Have yet to receive my documents to sign? Is it possible that I’m still guaranteed to receive funds or no? So blue acorn says they're not moving forward with my loan even though the SBA paid me out on the 23rd of April and Dave app sent the money back and now they say because my ID wasn't clear enough to verify when they already have two copies in my ID !! I think they ripped me off and they kept my money how are they going to tell me my application is not approved when all I had to do is change a I don't think you are SBA approved yet, as there's no blue checkmark in step 3, I'm in the same boat, just filled 2nd app 5/25, on the same step you are, haven't gotten the generic daily blueacorn update email in 3 days so I keep checking. ) Was approved and received loan number 2. in 1953, is designed to help small business owners pursue their business aspirations. The first company of its kind to pioneer what's possible through the convergence of analytics, digital commerce, customer experience, and Experience Driven Commerce (XDC) services. Recently I applied for the PPP loan through Blue Acorn. ©️ 2022 Blueacorn PPP, LLC a Arizona LLC / FinCap, Inc an Wyoming Corporation Jul 7, 2022 · The Small Business Administration (SBA) is the agency responsible for administering the PPP. Im receiving request from sba to aplly for forginess but I applied for a PPP loan and then I am applied for unemployment. It specializes in helping small businesses get access to funds. A reason would be nice. My application was 100% completed and waiting for SBA approval, They don't say why I was denied, but they did say the decision is final and can't be appealed. As long as you have an SBA number whatever money that has been told to you you would receive that is what you are GUARANTEED!!!! Blue Acorn does not have the authority to deny your application once the SBA has approved it. Then my text said your loan docs have been sent to my email by docusign yesterday 05/13 still have not received docs yet. STILL NO DOCUSIGN BLUE ACORN / CAPITALPLUS I WAS SBA APPROVED APRIL 1ST I HAVE YET RECEIVED ANY DOCUMENTS TO SIGN!! I applied for a ppp loan with blue vine, The loan was approved, my t. I haven’t gotten the approval email from blue acorn yet though. Reply johndoe9393 • Additional comment actions they ran out of funds you can't apply anywhere else look it up Reply Low_Apricot3417 • Additional comment actions So if they running out funds I can apply some where else Reply Personal_Ad4119 • Additional comment actions Blueacorn suck know I'm BLUE ACORN/CAPITAL APPROVED BY SBA APRIL 1ST STILL NO DOCUMENTS HAVE BEEN SENT FOR ME TO SIGN!!!!! ANYONE ELSE ??? HAS ANYONE RECEIVED DOUCSIGN FROM BLUE ACORN??, I HAVE BEEN SBA APPROVED SINCE APRIL 1ST STILL NOTHING I SUBMITTED A SUPPORT TICKET (SEVERAL) AND GOT THIS REPSONSE, BUT THIS POINT IDK WHAT TO BELEIVE!!! Hello. Update 3/26 - funded!! Archived post. Blue Acorn PPP Loans offers secure loans by adhering to the Small Business Association’s (SBA) regulations. Been waiting on the docusign for 2 weeks so figured to inquire about the status via the Live Chat. Seems like everyone with this timeline is not in Dash system (sba approved May 23, Opt for dash card May 25, Signed May 31) do anyone have any updates? Blue acorn is legit. Blue acorn sent my sba loan number i keep getting texts saying my loan paperwork is sent by DocuSign and its in your email. Advertisement I received an email from Blue Acorn yesterday stating," Our team will continue to process applications to get you funded. now on to funding. 4 For loans processed in 2021 alone, your company is estimated to have taken in at least $1 billion in fees. A go-to resource and advocating voice for business owners, the SBA is the only cabinet-level agency dedicated to small businesses. ” The SBA also launched an investigation into Cross River Bank, Celtic Bank, Customers Bank, and nonbank lenders Fountainhead, Harvest, Capital Plus, Benworth and Prestamos, but did not suspend them from agency participation, it Worth Noting Blueacorn is 100% free to you and your workers. 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? If your loan was through Prestamos CDFI, they have requested borrowers apply for loan forgiveness via the SBA. 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 Here update, call your local Sba office, I spoke to them I hD issue my loan was approved and funded May 11th but blue acorn neve deposited my money I called sb they looked in system found that loan was funded as long as your loan has been funded your ok just call local sba office they will help you, blue acorn has no customer service they will PPP loans are made by one or more approved U. Then my unemployment came through and I was Jun 27, 2021 · Blueacorn and Womply processed one-third of all Paycheck Protection Program loans this year, stepping in when big lenders wouldn’t. Is chime accepting PPP loans IN 2021? My text from blue acorn was sba approved 2 days ago. I’ve also been receiving the docusign has been sent to your email for about 5 days now. They sent the card anyway. I've spend $3,000 already. My application with blue acorn says SBA approved and they fucking declined my application this morning, what is gonna happen to the guarantee fund I have from the SBA fuck this is crazy Apr 27, 2021 · CHIME,BlUE ACORN,WOMPMLY PPP LOAN, Chime BANK PPP/SBA APPLICATION LOAN UPDATE APPROVED OR DENIED? ACCEPTED OR REJECTED. ALL THEY DO IS LIE TO ME AND TELL ME THE MONEY IS ON THE WAY. An academic working paper issued by the McCombs School I have been approved by blue acorn they have now submitted My app to SBA for approval I am still currently waiting on SBA approval but before my app was sent to SBA I was offered a prepaid card for my phones but it’s been about two weeks now for SBA approval does this mean I have been denied by them SBA approved my loan on BlueAcorn. Is chime accepting PPP loans IN 2021? CHIME,BlUE ACORN,WOMPMLY PPP LOAN, Chime BANK PPP/SBA APPLICATION LOAN UPDATE APPROVED OR DENIED? ACCEPTED OR REJECTED. Up to $5 million in approved funds can be applied for online or over the phone. Got an sba approval email from blue acorn and soon after got another email from SBA about a "targeted eidl advance" Apparently I do not meet the requirements for the targeted eidl advance, yet I got the approval email and a loan #? Applied 4/15 APP WAS JUST APPROVED BY SBA !NOW I HAVE A LOAN NUMBER LOL Nov 1, 2022 · The Small Business Administration (SBA), started in the U. If you are already approved by the SBA, the answer is YES. Should I be worried with blueacorn 👀 Current timeline: Applied- 04/01 Sba approved 04/03 Ive been stuck at this step and receiving the same status update 4x now. The CARES Act mandates the SBA pay a fee which gets split between Blueacorn and the lending bank if – and only if – the loan we help submit gets approved. I have been front to reach someone sense last year. | <a href I was approved, SBA approved ,Signed my Promissory note from lender. Its not there and I do get these docs for other reasons so its not blocked checked spam also. Denied. Just got funded Blue Acorn here is my timeline applied 04/04 SBA approved 04/07 signed documents 04/09 funded 04/21 on 8th business day 5:35am (USAA) hope this helps please ,please hang in there y’all it’s coming 🙏🏽 I didn’t won’t to believe it until it actually happened Jan 16, 2023 · What does Blue Acorn iCi do? Blue Acorn iCi is a leading digital customer experience company that solves problems and delivers results. All their loans have to meet SBA policies to be approved. AND BLUEACORN STATED I WAS DENIED. Throughout the duration of the program, we successfully facilitated tens of thousands Sep 9, 2025 · How do you become a SBA underwriter? Qualifications to become an SBA underwriter include a bachelor's degree in finance, business, or a similar field. I applied on May 8, rechecked today and got an update that it was approved by SBA and now its awaiting docs to sign. This prolonged my timeline from application to funding deposit by 2days. Small Business Administration (SBA) through the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief, and Economic Security (CARES) I sent it, they saying it was errors still but I got a text and email saying sba funding was approved and it will be n my account in 3-6 business days. Search more than 11 million loans approved by lenders and disclosed by the Small Business Administration. My loan got pre-approved very quickly, and hopefully there are no holdups with the SBA, since this is the only app I've submitted. Currently waiting on documents to sign, I even have a sba loan number that currently states the loan is active un-disbursed and the amount I was approved for. When I reached out to blue acorn the first time Nov 22, 2024 · The owners of Blueacorn, a Scottsdale-based company that processed COVID-19 PPP loan applications during the pandemic, have been indicted. So I Was Sba Approved On 05/14 Lastnight I Received A Email Saying After Carefully Reviewing Your Application A Second Time We Have Withdrawn Your Application Due Not Being identity Verify You. Additionally, through its VIPPP program, Blueacorn offered personalized service to potential Jan 1, 2025 · Is Blue Acorn PPP forgivable? Self-Employed People Get Automatic PPP loan Forgiveness - Blueacorn. 31. Have heard nothing since. For additional questions you can contact Prestamos at ppp@cplc. I was not notified. A team member or whoever… Submitted application on 4/4 submitted to the SBA 4/5 SBA approved 4/7 signed documents late night 4/9. Aug 10, 2025 · 75% of small businesses that received PPP loans from Blue Acorn reported seeing increased revenues or other positive economic impact – Source: Blue Acorn PPP Loans Over $7 billion of PPP loans have been approved nationwide, with Blue Acorn PPP Loans playing a significant role in the program – Source: US Small Business Administration What is Blue Acorn? Blue Acorn is an online financial services and loan company. U. Aug 21, 2023 · View complaints of Blue Acorn filed with BBB. Jul 7, 2022 · THE SBA STATED I WAS PAID IN FULL. Yes I go through blue acorn, I asked them last night, the direct link only work 24 hours . It’s assigned at approval. Prestamos worked with Blue Acorn to access the Small Business I'm not sure, but I signed all paperwork May4th with blue acorn. today i got text from blue acorn said Your loan docs have been sent to your email from DocuSign! Nov 9, 2021 · What Is Blue Acorn? In a nutshell, Blue Acorn is a service that facilitates obtaining PPP loans. Honest really starting to lose hope y’all today’s makes the 9th business day . Sba approved 04/03 (was a saturday) I have since not received my docusign documents, I have a loan number and everything and even see my caweb portal which states “active undispursed” . Paycheck Protection Plan is what we use here. 32. I applied thru Blue Acorn, got approved etc. Small Business Administration (SBA) through the Paycheck Protection Program (PPP). S. VIPPP Program and Fraudulent Loan Applications businesses in accessing the Small Business Administration Paycheck Protection Program. Facts are this: 1. Update 3/22 - just received DocuSign. This information is provided by the U. SBA approved 4/10 funding, deposited 4/20 available 4 (PPP-blueacorn ) my friend was approved for 20kfrom blue acorn,on Caweb his funds are disbursed current he called the pre paid card company dash that is associated with blue acorn his funds are on the card, blue acorn won’t give him access to his funds it’s been a year who can he contact at the sba? I spoke to the SBA they said that is not true and whatever the reason for my hold is blue acorn knows and can most likely correct it themselves blue acorn denies knowing what the reason for the hold is. Consumers say: Blue acorn is a scam, Money was refunded now giving me a run around to get my money back PPP loans are made by one or more approved U. I applied for womply 3/10 was approved 4/6 but applied for blue acorn 3/30. Sba has stopped taking applications for PPP as of may 31st but lenders have UNTIL JUNE Just got an email from Blue Acorn. Is chime accepting PPP loans IN 2021? Dec 17, 2021 · Blueacorn sent the paperwork through one of two partners, Prestamos CDFI or Capital Plus Financial, which are lenders approved to work with the federal Small Business Administration. Dec 9, 2022 · Dive Brief: The Small Business Administration (SBA) announced Thursday it has suspended fintechs Blueacorn and Womply from working with the agency “in any capacity. Blue Acorn approved me for $12,086 for SBA. I am SBA approved with Prestamos of Blue Acorn. Reply reply More repliesMore repliesMore replies Together-we I have applied with blue acorn (found on IG) , is this a legit company ?? everything is approved but I haven't heard back from them since two weeks ?? Do I need to be concerned ?? On the web it says SBA approved but needed to generate docu sign documents . Small Business Administration (SBA) helps small businesses get funding by setting guidelines for loans and reducing lender risk. Small Business Administration). It offers a variety of financial products, like PPP loans, term loans and business lines of credit. Nov 26, 2024 · Under service provider agreements with two lenders, the fintech collected and reviewed PPP loan applications from borrowers, and worked with those lenders to submit applications to the Small Business Administration in exchange for a piece of the fees paid to lenders by the SBA for approved PPP loans. I chatted with blue acorn and the rep said on his end they are still waiting for approval and it may be a glitch in the system. Blueacorn connects technology and financial expertise to help small businesses, independent contractors, self-employed individuals, and gig workers with their financial needs. S. It usually has been taking up to 3 days approx for the docs to be received from that loan docs sent email. ) Dec 1, 2022 · A new congressional report alleges Valley company Blueacorn, co-founded by former Valley newscaster Stephanie Hockridge, facilitated fraud by processing PPP loans. I KEEP ASKING FOR A LETTER SHOWING I WAS DENIED SO I CAN GIVE TO THE SBA. I personally know people that applied and got approve atleast a week after me , but they received their documents before me and signed and are due to receive their money tomorrow or monday which is the estimated 9days after you signed your documents you should be funded (blue acorn) . : r/Blueacorn r/Blueacorn • by TopExcitement8479 I was initially approved on April 29th by SBA and Blue Acorn. Attn Blue Acorn Ownership/Management (all publicly available names): Nate Reis, Stephanie Hockridge Reis, Michael Cota, Robert Conley, Cody Oborn It is true that you are processing the funding of PPP loans. (A fb post) but yet, they continue to say they are working on a solution so be patient! Nov 22, 2024 · An indictment was unsealed yesterday in the Northern District of Texas charging two co-founders of Blueacorn, a lender service provider, in connection with a scheme to fraudulently obtain COVID-19 relief money guaranteed by the U. Is chime accepting PPP loans IN 2021? Also, did you apply with any other lenders besides Blue Acorn and are you sure that Blue Acorn is the lender who submitted your application to the SBA first? If you applied with other lenders it could be one of them and not Blue Acorn that got you approved and secured the loan number. Frfr. Oct 21, 2021 · THE SBA AND BLUE ACORN ARE HARASSING ME ABOUT DOING FORGIVENESS ON MONEY THAT I HAVE NEVER RECEIVED. Despite reports that the PPP has run out of funding, Blueacorn partners with community financial institutions that still have access to funds- this money has NOT run out! Blue Acorn is approved for loans through the SBA Paycheck Protection Program. What do I do. As much as it sucks, ultimately all you can really do is just wait. The wait is finally over! It was a very long, slow, and stressful process. He… After a relative was funded through Blue Acorn in about two weeks from start to finish, I decided to cancel my Blue Vine application and apply through Blue Acorn. In that respect, your company is not a scam. Blue acorn is saying to send in bank information to a certain email and it will be updated. Was approved by a SBA on the 4/3 signed my documents on 4/16 and been in The funding stage for 2 weeks now. After U get the SBA approved email, you should get an email saying that your loan docs have been sent. Received a status update email that my documents got signed on 4/12 today “4/21” got my funds just wanted to update those who were like me on Reddit looking for hope every it will come I’m praying for y’all The Private Lender was very adamant about SBA not approving anything without having proper information. Anyone else waiting to get approved? Jan 13, 2021 · What is the easiest SBA loan to get? SBA microloans, which are some of the easiest SBA loans to get approved for, range in size between $500 and $50,000. … If you were not funded yet your name is listed funded in the SBA system this status gets updated but it may take a while. A user wrote: “It’s been a week since I was SBA approved (4/6) and I still have not received DocuSign documents. all my information is in the system. my status even updated to show […] 5 days ago I did my application for Blue Acron which was on a Wednesday . My funds were rejected because they came to my credit union in my business name. PPP loans are made by one or more approved U. Lol . Signs docs, come to find out. Jul 20, 2025 · If your application is SBA approved, rest assured your funds are secure & will be transferred to your account ASAP. I was SBA approved May 11th signed docs May 24th bank rejected it June 2nd CaWebb and federal pay. All i can say is, keep the faith and try not to stress too hard, it's coming. My question is now that I am SBA approved (have loan number and see it in the caweb) does that mean that my loan is for sure? Have they already got approval from the lender? CHIME,BlUE ACORN,WOMPMLY PPP LOAN, Chime BANK PPP/SBA APPLICATION LOAN UPDATE APPROVED OR DENIED? ACCEPTED OR REJECTED. Violations of Section 1014 carry the potential for up to a $1 million fine and 30 years of federal imprisonment. Dec 1, 2022 · A congressional panel is recommending companies be investigated for fraud for the way they processed billions of dollars in PPP loans. Buh , they frfr have some issues they need to work out. 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. Reply reply more reply Rubygirl816 • This is literally hell you guys !!!! I applied on March 31st on blue acorn . Small Business Administration (SBA) suppliers guarantee PPP loans. However, you are delayed beyond what is appropriate - as you well know, the SBA requires that approved loans in their system, are dispersed As some of you all may know I’ve been sba approved at blue acorn since 04/03. 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. You can call sba to get your loan number. THE SBA STATED I WAS PAID IN FULL. Blueacorn is 100% safe to use and uses 256-bit Secure Encryption technology to keep your financial information and personal details safe and secure.