SBA says legal permanent residents will be ineligible for its loan program, effective March 1.

The Small Business Administration said in a policy note that green card holders won’t be allowed to apply for SBA loans, ...

Small Business Administration shuts out non-U.S. citizens from its main lending program

Starting March 1, the SBA will no longer guarantee loans for small businesses owned by foreign nationals, including green ...

SBA cuts off non-US citizens from primary loan program

The move would bar small businesses with any amount of ownership from green card holders from applying for the agency’s most popular small business loan program.
The Business Journal

SBA bars green card holders from business loan ownership starting March 1

A new Small Business Administration policy taking effect March 1 will bar businesses with any legal permanent resident ownership from receiving SBA-backed loans, reversing longstanding eligibility rul ...

Green Card Holders Shut Out of Key Small Business Loan Programs

Green card holders will no longer be eligible for U.S. government-backed small business loans starting March 1. The U.S. Small Business Administration (SBA) is narrowing its citizenship and residency ...
National Law Review

SBA’s Mass Suspension of 8(a) Contractors Raises Questions About Due Process and Appeal Rights

In a sweeping and unprecedented enforcement action, the Small Business Administration (SBA) has dramatically escalated its ...

SBA Issues New Regulatory Guidance to Cut California Red Tape and Expedite Los Angeles Wildfire Rebuild

Today, the U.S. Small Business Administration (SBA) published regulatory guidance pursuant to President Donald J. Trump's Executive Order 14277, "Addressing State and Local Failures to Rebuild Los ...