Platform network · derived table
Blueacorn (aggregator network)
Profile → Blueacorn
Blueacorn (aggregator network) is not an originating lender and has no row in the SBA PPP loan-level file. Blueacorn was a technology platform that processed PPP applications for the partner lenders listed below, which held the SBA lender authority and took the processing fee. This archive builds the row by summing those partner lenders' whole PPP books: 840,139 loans and $13,063,325,741.17 in approved dollars, an average of $15,549.01 a loan, 7.3258% of the 11,468,171 loans the SBA file records. Its loans were made by the partner lenders listed in this table and are already counted in those lenders' rows. Each network row is the whole PPP book of its partner lenders, including loans those lenders may have made without the platform, so it is an upper bound on platform-sourced volume, not a measured count of platform originations. For Blueacorn, the row includes the 925 loans, $26.6 million, that Prestamos approved in 2020; Capital Plus approved none in 2020. The records do not say how many of the 925 came through Blueacorn: Blueacorn's letter to the House Select Subcommittee of December 23, 2021 says it processed PPP loans only from January 2021, and the indictment of its founders says they submitted PPP applications "through various lenders" in 2020. The row carries no rank, because the ranked unit in these lists is the originating lender.
Totals
| Loans | 840,139 |
| Approved dollars | $13,063,325,741.17 |
| Average loan | $15,549.01 |
| Share of program loans | 7.3258% |
| Rank | not ranked — a platform network is not an originating lender |
| Jobs reported | 862,510 |
| Jobs per loan | 1.0266 |
| Approved dollars per reported job | $15,145.71 |
| Borrowers | 833,800 |
| Loans per borrower | 1.008 |
| Classification | platform network, assigned by this archive |
| SBA processing fees to partner lenders (modeled; not Blueacorn revenue) | $1,992,400,319.51 |
| SBA processing fees to partner lenders (modeled), 2020 first-draw loans | $1,250,674.03 |
| SBA processing fees to partner lenders (modeled), 2021 first-draw loans | $1,827,234,691.48 |
| SBA processing fees to partner lenders (modeled), 2021 second-draw loans | $163,914,954 |
| SBA processing fee per partner-lender loan (modeled) | $2,371.51 |
Partner lenders
2 partner lenders are named in the House Select Subcommittee report of 1 December 2022, held in this archive. Each keeps its own rank in the lender lists; the fee column is that lender's modeled fee under SBA's published schedule, not Blueacorn revenue, whose share was set by private agreements that are not in the data. The House report is a partisan staff document released by the Democratic majority's staff in the final weeks of the 117th Congress, with no public hearing and no sworn testimony; an arbitrator refused it as "rank hearsay" that relied on companies then in arbitration with Womply, and a federal judge declined to take judicial notice of its findings (about the report).
| Partner lender | Loans | Approved dollars | SBA processing fees to the lender (modeled) | Rank by dollars | Rank by loan count |
|---|---|---|---|---|---|
| Prestamos CDFI, LLC | 444,780 | $6,849,909,471.86 | $1,055,074,365.58 | 17 of 500 | 4 of 500 |
| Capital Plus Financial, LLC | 395,359 | $6,213,416,269.31 | $937,325,953.93 | 20 of 500 | 6 of 500 |
Named in the archive
177 pages in the archive carry this name in a title or description; the 50 most recent are listed. The match is on the page title and description, not a finding about the lender's role in the case.
Cases
Each case below is listed because a filing in it carries this lender's name in its title or description; the listing is not a finding against the lender.
- Beringer Commerce, Inc. v. FIN Cap, Inc. — U.S. District Court, E.D.N.C.50 filings listed below
- United States v. Nathan Reis and Stephanie Hockridge — N.D. Tex., Fort Worth
- Marshall v. Prestamos CDFI, LLC — U.S. District Court, E.D. Pa.
- United States v. James Flores — U.S. District Court, N.D. Tex., Fort Worth
- United States v. Siedah Eley — U.S. District Court, E.D. La.
Filings and documents
Data and method
This row is not a row of the SBA file. It sums the whole PPP books of the partner lenders above as the per-lender totals table holds them, from the SBA PPP FOIA loan-level release of 2024-09-30. Membership of the network is taken only from documents in this archive that name the partnership. The fee rows are the sum of those lenders' own fees, modeled loan by loan under SBA's published fee schedule because SBA never published what it paid each lender, recalculated from the loan-level file on 19 September 2026 and summed again in the platform row of the fee ranking.
Before you quote a row
- Population. The rows sum to 11,468,171 loans, 39 fewer than the 11,468,210 rows in the 2024-09-30 source release. 28 source rows carry a blank
OriginatingLender. The other 11 are the loans of one lender, $265,044.37 in all, whose name in the source file contains a byte that is not valid UTF-8; the reader that built this table drops those rows when it groups on the lender name (measured on the thirteen source files, 2026-09-21). This archive's own ranking of originating lenders counts them: 4,688 named lenders, 11,468,182 loans. The published table is left as it is and the difference stated here rather than adjusted away. - Jobs are self-reported.
JobsReportedis what the borrower wrote on the application; SBA did not verify it at origination, and for the smallest loans it is often 1 by construction. - Dollars are approved, not paid out. Cancelled and reduced loans are reflected in the current approved amount; disbursement and forgiveness are separate fields in the source file.
- Network rows. A lender on the Blueacorn partner list contributes all of its loans to the Blueacorn row, not only the aggregator-sourced ones. The Womply count is built differently: court-record figures for three lenders and the 2021 loans of four others (Womply loan count).
- Lender attribution is reconciled because the raw platform fields misattribute some volume.