Lending

MooveGuru Companions With Blue Acorn To Present PPP Loans – RISMedia |

MooveGuru lately partnered with Blue Acorn to supply unbiased contractors the chance to acquire a Paycheck Safety Program (PPP) mortgage. Self-employed actual property contractors could also be eligible for the federal government PPP low cost mortgage.

In line with MooveGuru, robust gross sales in 2020 have “completely no affect in your potential to qualify for PPP.” So long as the brokers acquired a fee examine in February 2019 as an unbiased contractor, didn’t obtain any cash within the first spherical of PPP, and are nonetheless in actual property, they’re eligible.

In line with the Wall Road Journal: “The Biden administration final week introduced a number of PPP adjustments geared toward serving to the initiative attain extra companies, particularly these with few or no workers. Guidelines launched on Wednesday change how sole proprietors, unbiased contractors and self-employed individuals can calculate how a lot funding they need to obtain. “

“After we studied the brand new legal guidelines and realized that roughly 80% of realtors in the USA may qualify for P3s, we regarded for the correct companion to make the method simpler for any realtor or mortgage mortgage officer. to qualify inside quarter-hour. The partnership with Blue Acorn was the right match, ”mentioned Scott Oakley, CEO of MooveGuru. “They already had a full platform for realtors to qualify in minutes and the common agent receives $ 12,500 in repayable PPP loans.

“Small companies and unbiased entrepreneurs have been affected by the worldwide pandemic. These are your actual property agent, plumber, electrician, hairdresser and gardener. The P3 was designed to assist these enterprise house owners survive financially, stabilize themselves and get again on their toes. We’re thrilled to have the chance to companion with MooveGuru and HomeKeepr to achieve practically a million actual property service suppliers throughout the nation! Stated Jimmy Flores, co-founder and president of Blue Acorn.

The deadline for any agent to submit a request is March thirty first. For extra info, please go to
mooveguru.blueppp.com.

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