SBA changes
The SBA just announced that all SBA-funded projects must be 100% owned by US citizens or permanent residents. A non-citizen can no longer own any portion of the business securing financing.
This is just one of the many changes I expect the SBA to make to its programs. Our is a large, national SBA lender who will be closely monitoring any changes.
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This seems like an impactful change but also seems a little in conflict for non-citizens that want to come here can get EB-5 or E-2 Visas if they invest in businesses and propoerties.