The Small Business Administration (SBA) recently changed its loan policy to exclude permanent residents from receiving funding for small businesses. This exclusion aims to benefit U.S. citizens and has prompted concerns about the impact on job creation and economic growth, as immigrant entrepreneurs have historically played a significant role in the business landscape. Some experts are worried that this change could lead to increased risk-taking among borrowers and stifle innovation, while others are advocating for a policy reversal.
Original Article Source Link:
https://www.npr.org/2026/06/12/nx-s1-5853375/changes-loans-trump-small-business-immigrants-entrepreneurs-green-card