House Passes Bill to Block SBA Loans for Refugees, Asylees, and DACA Recipients
American Entrepreneurs First Act of 2025
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House Passes Bill Barring Non-Citizens from Receiving Small-Business Loans
House Republicans voted to codify Trump administration guidelines preventing noncitizens from accessing SBA loans. SBA Administrator Kelly Loeffler praised the 'common-sense guardrails' intended to ensure taxpayer-backed funds are reserved for American citizens and legal residents.

BGOV Bill Analysis: H.R. 2966, Immigration Status for SBA Loans
Detailed analysis of H.R. 2966 reveals that individuals without U.S. citizenship or lawful permanent residency would be ineligible for SBA 7(a) and 504 loans. The bill mandates 100% ownership by citizens or green card holders and specifically excludes asylees, refugees, and DACA recipients.
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