House Passes Bill Removing Noncitizen Eligibility for Federal Business Loans
- On Friday, the U.S. House approved a bill that prevents most noncitizens from qualifying for Small Business Administration loans.
- The bill mandates that the SBA confirm applicants’ citizenship and age, effectively preventing noncitizens—including undocumented individuals, refugees, asylum seekers, those with visas, and DACA beneficiaries—from receiving SBA loans.
- The legislation codifies recent SBA reforms and passed 217-190 despite objections from Democrats who say it will harm small businesses.
- SBA Administrator Kelly Loeffler stated that individuals who are not legally authorized and those committing fraud should not have access to loans funded by taxpayers through the SBA, commending the bill for promoting greater accountability.
- If enacted, the bill aims to improve transparency and protect taxpayer dollars but may restrict access to funding for some small businesses.
35 Articles
35 Articles
House Passes Bill Removing Noncitizen Eligibility for Federal Business Loans | The Star News Network
by Thérèse Boudreaux The U.S. House has passed legislation barring all noncitizens, except permanent residents from acquiring Small Business Administration loans. The American Entrepreneurs First Act of 2025, which passed in a 217-190 vote Friday, would require the SBA to verify the citizenship status and age of every applicant, codifying reforms recently implemented by the agency. If the bill passes the Senate and becomes law, the SBA will pe…


House Passes Bill Removing Noncitizen Eligibility for Federal Business Loans
(Just The News)—The U.S. House has passed legislation barring all noncitizens, except permanent residents from acquiring Small Business Administration loans. The American Entrepreneurs First Act of 2025, which passed in a 217-190 vote Friday, would require the SBA to verify the citizenship status and age of every applicant, codifying reforms recently implemented by the agency. If the bill passes the Senate and becomes law, the SBA will permanent…
House Passes Bill Removing Noncitizen Eligibility for Federal Business Loans - The Virginia Star
by Thérèse Boudreaux The U.S. House has passed legislation barring all noncitizens, except permanent residents from acquiring Small Business Administration loans. The American Entrepreneurs First Act of 2025, which passed in a 217-190 vote Friday, would require the SBA to verify the citizenship status and age of every applicant, codifying reforms recently implemented by the agency. If the bill passes the Senate and becomes law, the SBA will pe…


House Passes Bill to Bar Non-Citizens From Federal Small Business Loans
WASHINGTON—The U.S. House of Representatives on June 6 passed a bill that would bar most foreign nationals, whether lawfully or unlawfully present, from receiving taxpayer-funded loans to start small businesses in the United States. The Small Business Administration (SBA) is an independent agency of the United States government, headed by a cabinet-level administrator, that seeks to promote small businesses and the jobs they create, most commonl…
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