AmiSight 3/27: New SBA Changes Impact Foreign Ownership
- Ami Kassar
- Mar 27
- 1 min read
There is a new sheriff in town!! Under the old rules, a company had to be owned at least 51% by the U.S. Citizens or Permanent Residents to be eligible for an SBA loan.
Under the new rules, the company has to be owned 100% by the U.S. Citizens or Permanent Residents.
The change is immediate.
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