Can I check the status of my PPP loan?

How and where can I check my PPP loan status? … If you applied for your PPP loan via Womply, you can check loan application status at https://www.womply.com/ppp-status/. If you did not apply through Womply, you will need to contact your SBA-approved lender and request a status update.

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In this manner, are Blue Acorn PPP loans still available?

Unfortunately We Are No Longer Accepting Applications

We know how important it is to keep the backbone of the American economy running. We are doing all we can to advocate for another round of PPP, to get you the funds you need and deserve.

Additionally, does Blue Acorn do second draw PPP? 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 (Accommodation and Food Services), you may qualify for up to 3.5x monthly payroll costs for a second draw. All second draws are limited to $2M.

Just so, has Blue Acorn ran out of money?

If your application is SBA approved, rest assured your funds are secure & will be transferred to your account ASAP. 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!

How do I check my loan status?

You may either call or email the customer service department to track the status of your loan. When you call the customer care, you need to provide the reference number along with the registered mobile number to the representative.

How do I check my SBA PPP loan status?

Call 1-800-659-2955 (the SBA Disaster Assistance customer service center) about the application process, the status of your loan, or with any other questions you may have. If you applied through the COVID-19 portal, the SBA will contact you, but you may be able to get answers by calling the toll-free number.

How do I get in touch with Blue Acorn PPP?

If you are trying to reach blueacorn.co regarding your PPP application, you can do so at [email protected] or via https://blueacorn.co/support/.

How long do blue acorns take to send?

Please expect 5-7 days for your docs. Thank you so much.

How long does it take for Blue Acorn to approve PPP loan?

If you are in the middle of the loan process with us or considering applying, you can expect the average loan to take approximately 21 days from application to funding.

How long does it take for SBA to approve 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. However, if day 10 (or 20) falls on a weekend and/or bank holiday, then it’s the next business day.

How long does it take to get approved for an SBA loan?

about 60 to 90 days

Is Blue Acorn SBA approved?

That means we help you do the PPP paperwork and we partner with a bank to apply for and secure your loan. We have partnered with multiple CDFIs (community development financial institutions) to process the loans. They are all backed by the FDIC, SBA registered and fully compliant with all regulations.

Is PPP still available today?

The Paycheck Protection Program is over, but there’s still aid available for small businesses. The federal government’s Paycheck Protection Program provided small-business owners with just under $800 billion in COVID-19 relief, according to the U.S. Small Business Administration.

What bank does Blue Acorn use for PPP?

United Community Bank

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