Trump Administration Cuts Off Small Business Loans for Green Card Holders

Washington D.C., Thursday, 18 June 2026.
A new SBA policy bars lawful permanent residents from accessing critical small business loans, sparking bipartisan outrage. Over 60 legislators and advocacy groups warn the move could cost jobs, stifle innovation, and disproportionately harm minority-owned businesses—despite immigrants driving nearly $100 million in economic activity in Massachusetts alone last year.