SBA cuts loans to legal immigrants
#SBAPolicy #ImmigrationCrackdownThe SBA stopped lending to green-card holders, barring legal permanent residents from loans. Sayuri Tsuchitani, a Japanese immigrant, built her spa with such aid. Critics say this harms job creation and the American Dream, as immigrants start 20-25% of businesses. read more
#SBApolicy #ImmigrantEntrepreneurs
The SBA now bars green card holders from small business loans, implementing an "America First" policy. Immigrant entrepreneurs are shocked, calling it discrimination. The change cuts a historic funding source, impacting many lawful residents' business prospects. read more