New Small Business Administration rule limits loan access to US citizens only
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MSNBlack Enterprise
New Small Business Administration rule limits loan access to US citizens only
The U.S. Small Business Administration in March 2026 restricted eligibility for SBA-backed loans to firms fully owned by U.S. citizens or nationals, a policy shift with broad financing implications. The change, announced March 9, reclassifies legal permanent residents as foreign nationals and makes many businesses ineligible for SBA loans if ...
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