On Trustpilot, more than two-thirds of Blueacorn reviewers gave the company a “bad” rating. What Do Users Think About Blue Acron Loan System? Also, people think Blue Acorn PPP Loans are a scam because they use too much personal information to apply for a loan. Therefore, many job seekers believed that Blue Acorn PPP Loans were scams. It may take 30-45 days to process your files. It is a legitimate company with very poor customer service. Let’s continue reading!īlue Acorn PPP Loans is not a scam. Today I will introduce this company and share an online Blue Acorn PPP loan review to help you determine if it is legitimate or a scam. However, many negative reviews about the Blue Acorn PPP loan consider it a scam. Blue Acorn is an American company that helps people apply for PPP for free. At the end of the program, on August 8, 2020, $134 billion remains unused.īlue Acorn is an eminent administration company and has newly merged technical and financial expertise to streamline the PPP application process for small businesses, sole proprietors, and independent contractors. They were hesitant to apply due to complex requirements and unclear loan forgiveness guidelines. However, in the second round, as large corporations repaid their loans following public protests, circulation decreased, and small businesses. The amount was $349 billion of primary funding disbursed within two weeks. A whopping $659 billion has been pledged twice for the PPP. It provides financial assistance to small businesses battling the COVID-19 pandemic. government initiated the Historic Payroll Protection Program termed as PPP for Banks.
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