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The Times of India
The Times of India
World
TOI World Desk

New SBA rule bans foreigners, non‑citizens from taking small business loans; takes effect in 30 days

SBA United States Kelly Loeffler Small Business Administration

The US Small Business Administration (SBA) has announced a new policy that will bar foreign nationals and non‑citizens from accessing SBA‑guaranteed small business loans.

The change was issued on Monday by SBA Administrator Kelly Loeffler and will apply to all SBA loan programs, including major lending programs and smaller support programs.

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