Blue Acorn Reports & Reviews

Blue Acorn Reports & Reviews (51)

Initial means of contact Not applicable

They got me and my money after months and expect me to pay it back! [censored] blueacorns I pray they all get wiped off this mother [censored]ing plane

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Have to repay?

I was told if I applied for a PPP loan I would not have to repay now they send me an email stating that I have to apply for forgiveness or I have to pay $4250 back. Why am I getting this email when they stated I did not have to repay it when I signed up?

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Sba approved 4/11/21 never received funds and just spoke Sba officer who stated my funds were dispersed and forgiven so not only did they take my funds but used my personal info and applied for forgiveness FRAUD there has to be something we can do?!

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Victim Location 94565
Total money lost $20,832
Type of a scam COVID-19

I am writing about the Company Blueacorn, they have stolen many innocent's peoples PPP loans. They have had use of our loan for 7 months and now we are being told it was declined and there is nothing more they can do however the loan was funded and somehow intercepted by Blueacorn.

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Scammer's address Don't know
Victim Location TX 78730, USA
Type of a scam COVID-19

I found through a google search that my name is on a website saying that I received a PPP loan in April of this year. Only problem is I am not a business owner, I never applied for a loan and I have my credit frozen. I contacted this company blueacorn.co on their website and was told that they take fraud very seriously and would investigate. It's been over two months so I emailed them about the status and they said we'll take care of it. Then a day later was emailed about how I liked their service and sent to what looks like a phishing website. They are committing fraud. They probably are making some ppp loans to people but they are also committing large amounts of ppp loans by identity fraud. You can't talk to them. Their emails are full of broken links and very shady. Something isn't right. They really need to be investigated. I reported this loan on identitytheft.gov to make an official statement about it.

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- Lawrence, KS, USA

Scammer's email [email protected]
Country United States
Victim Location KS 66044, USA
Type of a scam COVID-19

i think i have it figured out to those that all have similar issues here with applying , waiting for funds, funds being returned to lender, reverifying, waiting again for funds and then being told that you aren’t approved. you can check what’s up on your loans at sbapppforgiveness portal or just check our federalpaygo.org. I myself went through the unsatisfied process to being told i wasn’t approved and after getting in touch online with the ScamPulse.com and just trying to figure this madhouse out it honestly would make since that these lenders and 3rd party companies we have to apply through are doing this to have you all to believe you aren’t approved making you think you won’t be expecting funds. DO NOT just let things roll on hoping the funds will come. My friends, those of you that have experienced these situations need to absolutely confirm that i’m the system you are 100% positive you haven’t already received these funds. I understand these funds might not be in your bank accounts . The lenders have rules to disburse the funds within 10 days of approval. It seems they do so because this is mid August and online through the sbapppforgiveness portal or shows for my loan that it was disbursed back in may. Now that may just be from the first time they sent it but that’s all that’s recorded is the fact that it was disbursed . We as borrowers have what 8-24 weeks to apply for Forgiveness? Friends make sure you’re applying for the Forgiveness, make sure you’re reaching out to the BBB. Make note of all things in your timeline because to me it seems these funds have been disbursed and we only have so long to apply for forgiveness and as long as we’re thinking we aren’t approved we’ll never get those funds , in fact we’ll be paying the loan amounts along with the 1% or whatever low interest on top of it. Later on down the road we will have no documentation or anything to backup what we know that has happened . Sure everyone might have similar answers as to why they haven’t made payments or whatever but that’s all that’ll be is an answer and being in a bind to pay it back when never even received.. DONT let these ho’s hustle you for this money and the money they want you to have to pay back. DONT sit around hoping someone’s going to fix this for you because their goal is to go after vulnerable businesses they think aren’t going to take initiative. In advance i thank you for taking the time to read this ridiculous ****.*

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Scammer's website Www.blueacorn.com
Country United States
Type of a scam Government Grant
Initial means of contact Website

I was granted federal ppp loan by the sba and blue acorn issued me the loan my bank was unable to receive this type of funding so they sent back they were supposed to Re issue my funding to my bofa account but decided to tell me I no longer qualified for this loan and redacted there payment. This is illegal and unjust since sba qualifies applicants and issues money for lender to disburse this money was mine they sba and granted to blue acorn so they have withheld my money and they're refusal to resend to my bank after already Re leasing them to me reeks of fraud and if my funds are not sent back to sba its federal fraud please help me

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The same exact thing happened to me but I didn't think it was approved since I got a denial email after. It wasn't until 2 days ago I received a email from SBA stating I can now apply for loan forgiveness. I called SBA and they told me I was funded May 19th and said I needed to call the company that received my loan which is Prestamos cdfi llc. Well all you can get is a recording and they tell you to call blue accorn. Bunch of horse crap.

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I have the same dates in the same story my friend

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Mine is the exact same story with the same dates

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I signed loan docs on 5-27. I would have been funded on 6-5 but I was using a deposit account which in the small print t says they don’t accept deposits over $10,000. So they returned the funds. I contacted blue acorn that day and many times after wards. First it was it is a process. They have to wait for funds to be returned then they would contact me to find out why and get my new account information. Then they would resend the funds. A few weeks went by with me contacting them to give proof of returned funds and finally I left a review on trust pilot and someone got back to me and said if I’m not updated in a week to come tact support again. I waited two weeks and tried contacting them. When I left the review on trustpilot o r of their automated responses were that they now could not change bank info that I would receive a pre paid card with funds on it but first when my funds are returned they would contact me to see why and may need verifications from me. So they keep. Hanging up their story. When I look up my loans on sba site it says funded so where is my money. Prestamos is the lender and won’t even speak to their appilicants. They tell you to contact blue acorn support which is useless bc they keep sending automated messages. And chat is useless because they are told to tell you the same bs to be patient you will be funded. Your funds are secure. I guarantee that blue acorn and Prestamos are not waiting on their portion that they are paid for helping applicants. I can guarantee they have received their funds so why haven’t we? I filed a complaint with sba , next is fdic and us comptroller and whoever else that will listen. I have been trying to contact support for a week and they will t email me back at all! I regret ever coming to blue acorn for help!

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Any update yet I have the same problem from the same dates

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Victim Location 27299
Total money lost $17,082
Type of a scam COVID-19

On may the 4th 2021 BA sent me a message stating that I was in the application process and they were looking over my paperwork and information and would let me know in 1 to 2 days if i was approved(I have every message screenshotted and necessary piece of paperwork) I recieved another message on the 14th of may stating that the SBA approved my loan and they would be sending the docusign paperwork via e-mail in 3 to 5 days I recieved it on the 17th after a few messages from the # listed at the top of the picture telling me they were ready on the 15th originally but when I messaged BA asking about them I was told there was a glitch in there system and the computer was sending out the message prematurely now I believe thats when they were doing whatever sheisty deed they were doing to steal mine and everyone elses loan because the SBA disbursed my money on the 13th of may to BA and P*******S Bnk. After weeks of BA giving me the your funds have been transferred message and having me reverify and making change my bank info then they gave me 24 hours to choose to get a dash card or they were canceling my loan about a week after I choose the dash card they message me about a week and a half ago saying they could not approve my loan and the decision was final not to try to contact them or anyone else reguarding my loan because there decision was final in bold letters. In the process of this mess I have filled out numerous Tickets to not get a response from a single one and spent hours chatting with what was supposed to be a live person chat but was a chatbox which if you do the research blueacorn pretty much invented a little while back and were so proud of but it is a very disrespectful lie and the system is so flawed they should be anything but proud they should be trying to fix it if they really want to do something make it work instead of just programming mass worthless runaround limited responses. And giving the chatbox a real name so people can relate and be more at ease was the only smart thing I can actually give BA credit for because you fooled thousands of people even me for a little while. How can anyone with any power to stop BA continue to allow them to do people like this while committing fraud and stealing millions possibly billions from the people and still have any sense of self at the end of the day. And they never should have been able to give out the first ppp loan because they didnt have enough employees to get that 1.8 mil ppp loan they did on the first one then they created so many more fake shells they called businesses and got ppp's for them but even putting that aside one of the rules for lenders was being in business for more than 1 year and doing over 50,000,000$ in revenue prior to beginning facilitating ppp loans.

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- Mesa, AZ, USA

Scammer's website getblueacorn.com
Scammer's address 7014 E Camelback Rd #1452 Scottsdale, Scottsdale, AZ 85251, USA
Scammer's email [email protected]
Country United States
Victim Location AZ 85206, USA
Total money lost $5,625
Type of a scam Bank/Credit Card Company Imposter Scam

I was approved in the beginning of march. They have no real customer service just a bunch of template replies telling you that there should be a way to update your banking information within two weeks. It is now June and I have yet to receive anything from them in regards to my issue after multiple attempts to contact them for assistance. Basically they fake like they will help you apply for a loan & then nothing. At this point i'm convinced they've stolen my information and if there was a loan approved by the SBA for PPP then they have stolen it.

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Waited 4 months to get approved got approved with a number only to ask me at the last minute for 1040 which I sent then I get a text last day saying cant use it and denied my loan even iam a legitimate business owner. plus they said I couldn't appeal it. Something wasn't right

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I was approved for a loan on may 18th signed all documents uploaded personal information and after a month of waiting on funds they sent me an email denying my loan. HOW CAN THIS BE LEGAL? They have very fragile and valuable information and i need to know what they are doing with my information

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I signed on april 9th, I was approved and have been waiting for over 2 months for my funds of 5,207. Still haven't recieved anything from them. I check the sba website and its showing. Ive had nothing but peoblems from them.

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- Belleville, MI, USA

Scammer's address AZ, USA
Country United States
Victim Location MI 48111, USA
Type of a scam COVID-19

Blue Acorn falsely advertise that they would provide PPP funds during the pandemic to help small businesses and they have yet to do so. They did give very few people money, but the rest of us they took all of our personal information and stored it for there liking. They have had majority of us SBA approved for more than 2 months with no funding. They have no way of allowing you to get in contact with them, instead they provide a chat service where you are given canned generic responses. This is honestly inhumane and should not be allowed by any "company".

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- Long Beach, CA, USA

Scammer's phone 5627145639
Scammer's address 7014 E Camelback Rd, Scottsdale, AZ 85251, USA
Scammer's email [email protected]
Country United States
Victim Location CA 90803, USA
Total money lost $11,500
Type of a scam COVID-19

They send you an email saying apply for your PPP through us, they look legit. You fill out their sheet with all of your personal info, bank info, business info and they say they will submit. They get back to you in a couple days saying you've been approved wait 7-10 business days and you will get funded. Well I guess they either are just doing it for all of your info to sell or they submit it, then a companies called Capital Plus is the lender and money is sent to them and they just keep it. Not really sure what their goal is.

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Total money lost $15,000
Type of a scam COVID-19

BlueAcorn claimed to help obtaining PPP loans by pairing businesses with Lenders that understood their business. I provided financial data that could be used to impersonate my business. Initially i was not worried as they seemed legitimate and professional. My experience with them was less than as promised. The first problem that occured was they wanted my personal bank account information despite the fact that i use a DBA which they were aware of. It wasn't that they wanted both, they only wanted the one with my name on it. I explained to them that my business isn't my name. Then got no response for about 6 weeks while i tried to contact them. Mind you they make yoy agree to not pursue a ppp loan by other means for using their service. I finally emailed support one last time, told them i thought they were a scam, that i had screen shots of all the steps and that they should respond since they were taking away my ability to obtain a PPP loan. Next i received an email response that said there was a problem with my application. It was no longer the bank statement, it was a much earlier step in the process, my ID. Now the ID portion is a different site whom i will call out on another scam post because wouldn't you know it, it now bo longer accepts my attempts to ID myself by simply sending me in an endless loop of steps. I would guess this is a tactic to diffuse responsibility. So now BlueAcorn has my business financial info and has behaved in ways that make me and others question their legitimacy. Very concerned.

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- Newport News, VA, USA

Scammer's address AZ, USA
Scammer's email [email protected]
Country United States
Victim Location VA 23608, USA
Type of a scam COVID-19

Call tacted company filled application was told it would be reviewed and sent to sna for approval this process should take two to three days it’s been three weeks I keep getting emails to update information I do and no response can’t get in touch with them they don’t answer emails or any other form of contact they have my personal information and I have no recourse because they have no customer service I will be contacting the fbi fraud division on Monday

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- Harwood Heights, IL, USA

Scammer's website Blueacorn.co
Scammer's address 7014 E CAMELBACK RD STE 1452 SCOTTSDALE AZ. 85251, Scottsdale, AZ 85251, USA
Scammer's email [email protected]
Country United States
Victim Location IL 60706, USA
Type of a scam COVID-19

I applied for this April 29 2021. It keeps saying this is in processing. I saw on the news that there is no money left. I am not sure why it still says this. Its been 2 week later and no reply from them. I am fearing they took my bank info and my social security info to do God knows what with. This is scary. Says I will be updated within 2 days and that was 15 days ago.

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Victim Location 34266
Type of a scam Government Agency Imposter

Blueacorn has received my money from the SBA, took all my personal info, made misleading promises stating my funds were guaranteed after SBA approval. Blueacorn is pretending to be a federal agency or in compliance to process paycheck protection application. Now after countless of emails and live chats, Blueacorn is not responding to any of my emails about my approved PPP application from SBA. Blueacorn stated I was denied and is refusing to give me an answer why after SBA approval email 4/9/21 for secure funding. Blueacorn will not give me ANY information about my application or where my funds are at & Blueacorn is delaying me for funding with other real PPP provider. It is very upsetting and shows that Blueacorn company is a complete fraud! Because even Blueacorn rep is stating, they cannot send my approved funds back to SBA and will not release my approved funds SBA send to Blueacorn for my small business. I login in my portal 5/11/21 for Blueacorn and seen a denied status 30 days after I did not receive a status update or even my funds after stated I was approved. Then Blueacorn states to apply with another lender which is beyond ridiculous and very fraudulent to be stealing money from small business owners in need during this pandemic. I have found myself being a victim of scammers by BlueAcorn and the whole department. Blueacorn has all my personal information such as physical identification, social security number, bank statement, tax forms and refusing to give me my funds that SBA approved. My funds that SBA approved for my small business was since 4/9/21.BlueAcorn has refuse to have a manager get in touch with me after asking countless times, including one of their nasty rep Agent: isai who was not helpful at all and not understanding and keep rushing me off the chat. BlueAcorn has refused to send me my approved funds to my deposited account or return the funds back to SBA so that I may reapply with another lender.

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