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- 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.
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Who is eligible for the PPP?
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Does blue acorn help self-employed & 1099s qualify for a PPP loan?
How much payroll does a PPP loan cost?
PPP was a cornerstone program of the CARES Act, intended to help employers keep their employees on their payroll by covering up to two months of their payroll expenses with a loan that could be completely forgiven if it was spent in accordance with the program’s guidelines.
- PPP Loans for Self-Employed and 1099s
Blue acorn helps self-employed and 1099s qualify for a...
- Enterprise Partners
Eligibility. The PPP allows small businesses and independent...
- FAQ
Yes, owner salary and employee salary are eligible ways to...
- PPP Loans for Self-Employed and 1099s
Jun 9, 2021 · "Blueacorn's mission is to help the backbone of the American economy -- small businesses, independent contractors and the self-employed -- gain access to the PPP funding they are eligible for...
PPP borrowers are eligible for up to 2.5x monthly payroll costs for their initial PPP loan, as well as any second draw. If your business falls under NAICS code 72 (Accommodation and Food Services), you may qualify for up to 3.5x monthly payroll costs for a second draw.
PPP borrowers are eligible for up to 2.5x monthly payroll costs for their initial PPP loan, as well as any second draw. If your business falls under NAICS code 72 (Accommodation and Food Services), you may qualify for up to 3.5x monthly payroll costs for a second draw.
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related to: Who is eligible for the blueacorn PPP program?At least 660 FICO, $3k+ avg recent mthly revenue, applicant 18+ yrs old. Terms Apply. All businesses are unique and are subject to review and approval. Learn More. Terms Apply.