The new policy, which takes effect in March, limits small business loan eligibility to U.S. citizen-owned firms.
Immigrants await their turn for green card and citizenship interviews at the U.S. Citizenship and Immigration Services office in the Long Island City neighborhood of New York on May 30, 2013. John Moore/Getty Images
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The Small Business Administration has been willing to finance businesses with small ownership stakes held by green card holders and even foreign nationals.
That ends on March 1.
Kimberly Hayek is a reporter for The Epoch Times. She covers California news and has worked as an editor and on scene at the U.S.-Mexico border during the 2018 migrant caravan crisis.
