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New rule to bar green card holders from US Small Business Administration loans

A new rule by President Donald Trump’s administration will bar green card holders from applying for U.S. Small Business Administration loans and limit SBA loan eligibility to citizen-owned businesses, an SBA notice showed.

The SBA is the U.S. government agency that provides loans and help to millions of small businesses across America. Legal permanent U.S. residents, or green card holders, are authorized to live and work permanently in the United States.
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Source: Reuters | Published: 2026-02-12T00:22:03Z

Credit: Reuters

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