Team Trump’s New Rule BANS U.S. Green Card Holders From Business Loans | Explained

US SBA Bars Green Card Holders from Federal Small Business Loans Starting March 1! New rule: Only US citizens/nationals eligible for SBA-backed loans (7(a), 504). Any green card holder-even small ownership stake—disqualifies entire application. Direct/indirect owners, passive stakeholders & operating companies must be 100% US citizens. Aligns with Trump’s America First policy. Businesses scramble to restructure amid impact on startups, equipment, real estate & working capital.