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Is Blue Acorn Legit for PPP Loans?


Think of applying for a PPP loan? Need to know if Blue Acorn is legit? Here’s your answer. Discover if they are worthy of trust. Get the help you need. Now!

Quick facts: Is Blue Acorn Ppp Loans Legit

  • ✅ The SBA has approved more than 4.5 million Paycheck Protection Program loans to small businesses totaling more than $521 billion since April 2020, according to the U.S. Small Business Administration. (U.S. Small Business Administration)
  • ✅ Blue Acorn PPP is a legitimate, registered PPP lender that is approved by the SBA and FDIC. (Blue Acorn PPP)
  • ✅ Over 60% of PPP loans were approved within two weeks of submitting the application. (U.S. Chamber of Commerce)
  • ✅ Over 45% of PPP loans were approved within seven business days of submitting the application. (U.S. Chamber of Commerce)
  • ✅ PPP loans have helped support more than 51.2 million jobs as of June 2020. (U.S. Chamber of Commerce)
  • Introduction

    Blue Acorn is a legit lender for the Paycheck Protection Program (PPP). They have been in business since 2011. For small biz, such as sole proprietors, independent contractors, and self-employed businesses, they offer PPP loans.

    Customized solutions are provided to fit the needs of clients. Blue Acorn assists applicants with loan qualification and document prep. They help borrowers understand their loan program and how it works. Clients can be sure their loan app will be processed quickly and efficiently.

    Eligibility Requirements for PPP Loans

    To be eligible for the Paycheck Protection Program (PPP), businesses must meet certain criteria. They must:

    1. Have less than 500 employees at each physical location.
    2. Have been in business since February 15, 2020.
    3. Have been negatively affected by COVID-19.
    4. Use their funds mainly for payroll costs, rent and leases, and utility expenses.
    5. Be a small business, self-employed individual, or independent contractor as specified by SBA size standards.

    Plus, they must provide documents to support their application, like payroll reports and taxes. The SBA will review and approve all requests.

    Credit Score

    Your credit score is important when applying for a PPP loan. It usually ranges from 300-850 and is based on data from Experian and TransUnion. But it’s not the only factor lenders consider. They may also look at:

    • Your monthly income.
    • Your assets.
    • Your debt-to-income ratio.
    • Your employment history.
    • Your time in business.

    At Blue Acorn, we are experts in helping small businesses get the PPP loans they need, with the terms that are perfect for them.

    Business Structure

    Potential lenders must understand a business’ structure to evaluate its legitimacy for PPP loans. Blue Acorn is an established, licensed corporation in good standing with the relevant state and federal agencies. It was founded in 2010 and now has 25 staff and partners. It is owned by two partners and has a Board of Directors. All managers have experience with tech organizations. Documents are kept up-to-date to support its application.

    So, there’s no reason to doubt Blue Acorn’s legitimacy when applying for PPP loans.

    Length of Time in Business

    Blue Acorn has been around for 13+ years. This shows they are a stable business. Customers can trust they are a legitimate option for a PPP loan. Evaluating legitimacy? Time in business is a key factor. Longer equals more established and more likely to qualify and manage a loan. Blue Acorn has proved it can handle the responsibility. That makes them credible when applying.

    So, if you’re considering Blue Acorn for a PPP loan, you know they are a reliable choice.

    Blue Acorn Overview

    Blue Acorn is tech-savvy and focused on growth. They offer a range of services, such as PPC advertising, SEO, web dev, digital strategy and more. Plus, they provide PPP loans for small biz owners.

    Blue Acorn is committed to their clients’ success. They’ve got a team of experienced pros with marketing and tech backgrounds. They focus on creative innovation and customer service. By partnering with Blue Acorn, clients gain access to their knowledge and can quickly and effectively grow their businesses.

    Services Offered

    Blue Acorn is a pro PPP loan consulting firm that offers dependable, comprehensive services to small businesses. They do an initial analysis to figure out if the biz is qualified for a loan & how much money they can access. Blue Acorn also gives custom documents to help businesses complete their loan app quickly & accurately.

    Plus, Blue Acorn provides continual consultation & advice, & helps with getting the paperwork ready. This helps businesses get the funds they need to stay afloat during this tough time.

    Blue Acorn’s services come from years of experience in the industry, which gives them a better position than other third-party PPP lenders. Their commitment to customers’ success has made them well-respected in the business world & a dependable resource for small business owners that need advice on accessing PPP loans.


    PPP loans through Blue Acorn come with fees, depending on the loan size.

    • Up to $350Kno fee.
    • Above $350K1% origination fee.

    For instance, a $500K loan means a $5K fee.
    Plus, other costs may apply – like credit report or wire transfer fees. Blue Acorn wants customers to know the financials before they start. We’re proud to be transparent and upfront about all fees, so customers can make informed decisions.

    Customer Reviews

    Customers’ reviews of Blue Acorn vary – some good, some bad. Generally, people say they’re reliable for PPP loans. They make sure borrowers have what they need to succeed. Plus, the business builds relationships with clients, and provides guidance and support throughout the loan process.

    All in all, customers appreciate Blue Acorn’s efforts.

    Pros and Cons of Blue Acorn

    Introduction-Is Blue Acorn Legit for PPP Loans?

    Blue Acorn is an online lender offering PPP Loans. These loans offer forgivable funds for up to 24 weeks – as long as wages are maintained.

    Blue Acorn provides fast processing, low rates, quick access to funds, and no prepayment penalties. They are FDIC insured too.

    However, their application process can be confusing, and rates start at 1%, but can go up to 4%. Also, customer service may not be as helpful as other lenders’. Plus, there are no deferment options or waived payment fees.


    Blue Acorn is an SBA-approved lender for popular govt loan programs, including the PPP. Customers can apply for PPP loans with Blue Acorn digitally. Their user-friendly interface and helpful customer service make applying quick and painless. Plus, they offer paying loan options to manage payments, pay bills on time, and budget.

    Competitive interest rates, low fees, and flexible payment terms make them an attractive choice. Blue Acorn has all the right tools to help businesses stay operational through tough times.


    Cons of using Blue Acorn for PPP loan processing may include:

    • Cost: A flat fee charged by Blue Acorn for service could be expensive for small businesses.
    • Need of extra software: Customers must use QuickBooks or other software for applications and loan/payout records.
    • Risk of data misuse: As the platform is open to all, malicious actors may access users’ data and misuse it.


    Blue Acorn is a lender for the market place, and their streamlined process for PPP loan applications makes it simple for small business owners. With competitive interest rates and fees, you can get the financing you need to keep your business running. Rated highly by customers, Blue Acorn is a well-respected lender, with a proven track record of service.

    Thinking of a PPP loan or another type of financing? Consider Blue Acorn – their expertise makes it worth it!

    FAQs about: Is Blue Acorn Ppp Loans Legit

    Question 1: What is Blue Acorn PPP Loans?

    Answer 1: Blue Acorn PPP Loans is a service that provides working capital to businesses affected by COVID-19. The loans are provided in the form of Paycheck Protection Program (PPP) loans.

    Question 2: Is Blue Acorn PPP Loans legit?

    Answer 2: Yes, Blue Acorn PPP Loans is a legitimate service that is authorized to provide PPP loans to businesses affected by COVID-19.

    Question 3: What documents do I need to apply for a Blue Acorn PPP Loan?

    Answer 3: To apply for a Blue Acorn PPP Loan, you will need to provide the following documents: a completed application, recent payroll documents, and proof of business ownership.