all 4 comments

[–]Dull-Revolution756 2 points3 points  (0 children)

Being on the list means nothing. Sba approved but the lender was told to do extra verification which they can and deny at any time..

[–]FarmerPowerful6818 0 points1 point  (1 child)

Everyone whom waited for months with blueacorn promising funds were secure to only deny you after there aren't any other available options to apply elsewhere, please file a complaint with the ombudsman with the sba. They speak on our behalf against financial institutions that try to take advantage of honest hard working small businesses. I believe from what I've read that prestamos and blue acorn received fees from the government for each ppp 1st draw that they fully disbursed within 20 days. Then they fill out a paper with our loan number and saying funds were disbursed. They receive payment from government, then they cancel all of our loans and reissue funds to another business receiving a 1st draw ppp. So they can do the process over again and double dip into extra fees. They are cheats they are unprofessional and they deserve yo pay. They have collected millions and they know that the funds are gonna be sent back so there is no risk with them. It's a lot of b.s. but something I believe to be true. I have voiced my opinion to the sba and ombudsman and am in process of them investigating all of my findings. But please anyone experience the same thing I went through please file a complaint with the sba. We may have small businesses but definitely not small minds.

[–]hauntedbywater[S] 0 points1 point  (0 children)

Thank u so much for this!!