Trump Tightens Eligibility for SBA Loans, Barring Ownership by Green Card Holders

The new policy, which takes effect in March, limits small business loan eligibility to U.S. citizen-owned firms.
Trump Tightens Eligibility for SBA Loans, Barring Ownership by Green Card Holders
Immigrants await their turn for green card and citizenship interviews at the U.S. Citizenship and Immigration Services office in New York City on May 30, 2013. John Moore/Getty Images
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The Small Business Administration has been willing to finance businesses with small ownership stakes held by green card holders and even foreign nationals.

That ends on March 1.

Kimberly Hayek
Kimberly Hayek
Author
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.