Articles Posted in SBA Loans

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New immigration rules under Donald Trump will soon bar green card holders from receiving certain SBA government loans, while also introducing heightened scrutiny and travel restrictions for both domestic and international travel.

#1 Green Card Holders Banned from Receiving SBA Loans

Under a major policy change by the U.S. Small Business Administration (SBA), green card holders (lawful permanent residents) will no longer be eligible for SBA-backed business loans beginning March 1, 2026.

  • What’s changing: The SBA issued updated guidance requiring that 100% of all direct and indirect owners of a business seeking SBA loans must be U.S. citizens or U.S. nationals with their principal residence in the United States. This eliminates any eligibility for businesses owned by green card holders.
  • Effective date: The rule goes into effect March 1, 2026, meaning any SBA loan applications must have been assigned a loan number before that date to qualify under the old eligibility standards.
  • Programs affected: Major SBA lending programs such as the 7(a) and 504 loan programs will be impacted, cutting off access to federal funding for small businesses owned by green card holders.

#2 New Rules for Green Card Holders Traveling or Planning to Leave the U.S.

A new trend over the past three weeks indicates that green card holders returning from any of the 75 countries listed under President Trump’s visa ban are increasingly being sent to secondary inspection by U.S. Customs and Border Protection for additional questioning. While most are ultimately admitted, the added scrutiny creates yet another hurdle for lawful permanent residents returning to the U.S. after temporary foreign travel.

Social media vetting is also increasing, with green card holders reportedly being asked by U.S. Customs and Border Protection officers to display their social media accounts during re-entry inspections. Before traveling, it is important to review social media content that could be misinterpreted, taken out of context, or that is inconsistent with your immigration history.

Finally, if you plan to travel to one of the 75 countries named in President’s Trump’s visa ban, it is important to carry documentation explaining the purpose of your trip and evidence of your strong ties to the United States. Being prepared will help facilitate a smoother re-entry process.

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In this video, we bring you a new update from the State Department, based on recent conversations between State Department officials and representatives of the American Immigration Lawyers Association (AILA).

We will specifically cover topics such as visa processing for third country nationals wishing to secure interview appointments at Consulates and Embassies worldwide, the fate of E-2 visa renewal applicants who previously applied for loans under the Paycheck Protection Program (PPP), the permissible activities of B-1 visa holders while in the United States, issues relating to visa inadmissibility, and nonimmigrant visa denials.

Did You know? We help clients in all 50 states and all countries of the world. If you are interested in discussing your immigration options, we invite you to contact us for a consultation.

If you would like to know more about the recent updates from the State Department, just keep on watching.

Overview

The U.S. Department of State recently met with representatives of the American Immigration Lawyers Association (AILA) to discuss several immigration topics that have been frequently asked by our viewers. Here we provide a summary of those updates and useful information that may be helpful to you.

Visa Appointments for Third Country Nationals

Applicants of certain nationalities have been experiencing difficulties obtaining visa interviews in their home country. For instance, recent political demonstrations in Iran have made it more and more difficult for applicants to travel to neighboring countries, leading applicants to seek visa appointments elsewhere.

Since the United States does not maintain a diplomatic presence in Iran, applicants can travel and apply at any U.S. Embassy or Consulate that processes their visa type. The U.S. Embassies in Ankara, Yerevan, and Dubai are staffed with Farsi-speaking consular officers who are most familiar with Iranian visa applicants, and therefore are encouraged to apply there. However, visas for Iranian applicants can also be processed at other U.S. Embassies such as Abu Dhabi, Frankfurt, Naples, and Vienna.

For others, obtaining a visa interview in their home country has been nearly impossible leading many to ask whether they can apply elsewhere as a third country national.

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