Pakistani-American businessman says denying Green Card holders govt loan bad policy: ‘As a former SBA leader…’

On March 1, 2026, the U.S. Small Business Administration will require 100% U.S. citizen ownership for SBA loans. Even 1% green card ownership disqualifies a business. The rule impacts SBA 7(a) and 504 loans, key funding tools for real estate, equipment, and jobs. Pakistani-American businessman Dilawar Syed, who previously served in the Small Business Administration, […]