Trump SBA suspends over 111,000 California borrowers in massive fraud crackdown involving $9 billion in suspected pandemic ...

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

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 ...

The Small Business Administration will end SBA loan eligibility for legal permanent residents on March 1, requiring 100% of ...

Under the rule, 100 per cent of a small business must be owned by US citizens or US nationals who live in the United States, ...

Today, following a visit to San Diego, U.S. Small Business Administration (SBA) Administrator Kelly Loeffler announced that the agency has suspended 111,620 California borrowers amid suspected ...

The restrictions are set to take effect March 1, 2026.

From March 2026, businesses with legal permanent residents as owners will no longer qualify for SBA loans under tightened ...

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

The agency delivered nearly 5,000 small business loans through its 7(a) and 504 programs to industry borrowers in fiscal year 2025, data show.

Average business loan rates start at 6.99% APR but those that meet certain business criteria and personal credit requirements ...