For years, Small Business Administration (SBA)-backed small business loans were available to borrowers that were at least 51% owned by U.S. citizens, U.S. nationals, and/or U.S. legal permanent residents (LPRs also known as “green card” holders). The Trump Administration has now extended the scope of its efforts to tighten immigration-related policies and rules to qualifications …
Continue reading “Trump Administration Prohibits SBA Loans to Noncitizens”
