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  1. There are no fees for applying for PPP or forgiveness. Approval and loan forgiveness are subject to your ability to meet government-set eligibility requirements. Learn more. 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 ...

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      PPP borrowers are eligible for up to 2.5x monthly payroll...

  2. Start Your PPP Loan Forgiveness Application. If you received a PPP loan from Blueacorn, you can have it 100% forgiven... as long as you apply for it. We make that process simple, with most borrowers able to submit and sign their application in under 5 minutes using this portal. Start Forgiveness Application.

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  4. If you applied for your PPP loan through Blueacorn, we are proud to announce that you are now able to apply for forgiveness through our new portal! You will need to create a new login, and have your SBA Loan number and SSN / EIN ready. It should take about 5 minutes, and can be done on any device. Start My PPP Forgiveness Application.

  5. Yes. Blueacorn is 100% safe to use and uses 256-bit Secure Encryption technology to keep your financial information and personal details safe and secure. During the pandemic, we partnered with certified SBA lenders to facilitate PPP loans directly from the SBA and the Federal Reserve. Throughout the duration of the program, we successfully ...

  6. Feb 15, 2020 · In order to have your PPP loan fully forgiven, you must have spent PPP funds on the following expenses DURING the covered period that you choose, between 8 and 24 weeks from the day you received PPP funds: At least 60% of loan proceeds must have been spent on payroll incurred, not necessarily paid, during the covered period you choose ...

  7. Jun 9, 2021 · Share this article. SCOTTSDALE, Ariz., June 9, 2021 /PRNewswire/ -- Blueacorn, a leading Lender Service Provider, today announced that it has successfully processed approximately $14 billion in ...

  8. Eligibility. The PPP allows small businesses and independent workers to apply for low-interest private loans to help pay for their payroll and other costs. As well as businesses, individuals like your contractors and commission-based workers, are eligible for PPP funds. Anyone who receives a 1099 and/or files a Schedule C is likely eligible.

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