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

[ad_1] 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 […]

Green Card holders won’t get SBA loans in US from March 1: What this new rule means for Indians

[ad_1] The Small Business Administration (SBA) announced that from March 1, they will not give loans to those businesses that are not owned by US citizens. Businesses owned by legal permanent residents, Green Card holders, will not get this loan. The new policy note said 100% of all direct and indirect owners of a loan […]