Foreign Nationals Banned From Accessing SBA-Backed Loans

SBA must prioritize financing for U.S. citizens ‘building businesses and creating jobs here at home,’ the agency’s administrator says.

Administrator of the U.S. Small Business Administration, Kelly Loeffler, speaks during an interview with EpochTV’s “American Thought Leaders” at her office in Washington on Jan. 7, 2026. Madalina Kilroy/The Epoch Times

The Small Business Administration (SBA) issued a policy notice banning non-citizens and foreign nationals from receiving small business loans guaranteed by the agency, according to a March 9 statement.

The notice applies to the administration’s microloan program, which provides loans of up to $50,000 to help small businesses, as well as to start-up and expansion of certain not-for-profit childcare centers.