Does capital plus still have PPP funds?

The partnership of Capital Plus Financial and Blue Acorn has successfully served hundreds of thousands of individuals and small businesses through the funding of Paycheck Protection Program (PPP) loans. Feedback from customers is always appreciated. Customer service remains our top priority.

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In respect to this, are PPP applications available?

The U.S. Small Business Administration (SBA) has stopped accepting new Paycheck Protection Program (PPP) applications from most lenders almost a full month before the $292 billion program’s application deadline.

Regarding this, can I submit my PPP application online? Applications for PPP loan forgiveness at Bank of America must be submitted digitally through our online PPP loan forgiveness application portal.

Likewise, people ask, 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.

How do I apply for $10000 Eidl grant?

Since any company that’s eligible to receive an EIDL loan is eligible for a grant, the process of getting the up to $10,000 advance for your business was relatively straightforward. You simply went to the SBA’s disaster loan assistance page and filled out an application.

How do I contact Capital Plus Financial?

Capital Plus Financial became a Certified B Corporation in 2017

  1. (817) 656-5153.
  2. [email protected].
  3. 2247 Central Dr Bedford, TX 76021.

How do I get in contact with Capital Plus Financial?

Capital Plus Financial became a Certified B Corporation in 2017

  1. (817) 656-5153.
  2. [email protected].
  3. 2247 Central Dr Bedford, TX 76021.

How do I pay back a PPP loan?

The website you can use to repay your EIDL loan can be found at Pay.gov. You must have your 10-digit loan number and a payment amount in order to pay it back. There is no prepayment penalty but it is possible a minimal amount of interest has accrued from the time the loan was disbursed.

How do I submit my PPP loan application?

How to Complete Your PPP Loan Application

  1. Step 1: Access your PPP Application. …
  2. Step 2: Add or Confirm Existing Business Information. …
  3. Step 3: Add New Requirements for Business Information. …
  4. Step 4: Enter or Confirm Ownership. …
  5. Step 5: Enter or Confirm Additional Owner Info. …
  6. Step 6: Upload or Confirm Documents.

How long does capital plus PPP take?

Get loans approved in 1-2 days (compared to the weeks of most banks) Have SBA funds directly transferred to your current bank account in 4-6 days.

Is capital plus a CDFI?

Capital Plus Financial is a certified community development financial institution (CDFI) dedicated to enhancing the quality of life of the families their mission supports by providing the opportunity for homeownership through residential mortgage loans and other educational services.

Is Capital Plus Financial a lender?

As a community development financial institution (CDFI), Capital Plus Financial provides capital to markets identified as underserved by the community. … Capital Plus Financial lends to low to moderate income documented Hispanic borrowers.

What is Blueacorn email?

Yes, we email you from a secure platform to request documentation. … Our emails will come from [email protected]. If you every have questions about the authenticity of a request you can always reach out to our support team.

What is capital plus PPP?

Capital Plus Financial Partners with Blueacorn to Expedite PPP Loan Relief to Small Businesses. … In the Economic Aid to Hard-Hit Small Businesses, Non-Profits, and Venues Act, Congress set aside $15 billion across first and second draw PPP loans for lending by community financial institutions like CPF.

What is CapPlus fin?

CapPlus equips financial institutions in emerging economies to expand and deliver finance profitably for social impact. We strengthen markets through a range of strategic and operational capacity building services to financial institutions in key areas, focused on long term growth and profitability.

Which bank is accepting PPP applications?

  • America First Credit Union. America First Credit Union is currently accepting applications on its website. …
  • Ameris Bank. Ameris Bank is accepting applications from borrowers who received their first PPP loan through the bank. …
  • AmPac Business Capital. …
  • AltCap. …
  • Atlantic Capital Bank. …
  • Bankers Trust. …
  • Bank of America. …
  • Bank of Hope.

Who funds Blue Acorn PPP?

United Community Bank

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