Any Greencard/LPR holders stuck with their SBA lender? We can help!
February 05, 2026
by a lender from University of Southern California - Marshall School of Business in Los Angeles, California, USA
If you're an LPR with a deal under LOI and your bank can't (or won't) pull the PLP number before March 1, we may be able to help.
Recent SBA changes make green card holders completely ineligible for SBA 7(a) loans starting March 1, 2026. If the PLP number is pulled before then, the deal the deal can fund under current rules. To pull a PLP number, the lender needs to:
1)The loan entered into E-Tran
2)G-845 verification back from USCIS (taking 2 days to 3 weeks right now)
3)A substantially complete loan file
Most banks input the e-tran only after loan approvals. If your G-845 takes the full 3 weeks, you're already past the deadline. Some applications end up taking more than 3 weeks, sometimes even months.
We've found a lender willing to move fast on good business acquisition deals that are impacted by this rule change and being declined by other banks. For certain deals, they are willing input the loan into E-Tran as soon as Friday and submit the G-845 to get the USCIS clearance process started immediately, then pull the PLP as soon as clearance comes back.
But they want full packages.
Business:
Signed LOI
2022, 2023, and 2024 federal tax returns (all schedules)
2025 Income statement and balance sheet
Acquisition entity EIN
Business plan (we can complete for you)
Personal:
2022, 2023, and 2024 federal tax returns
Personal financial statement
Front and back of green card
Signed G-845 form
The process from there:
Lender obtains USCIS documentation (G-845, LPR card, authorization statement)
E-Tran application started to get an SBA application number
USCIS docs uploaded to E-Tran
Lender contacts SBA Sacramento to process verification
SBA updates clearance indicator and emails results (currently 2-3 weeks)
PLP number pulled
If you have an approved deal as a green card holder or have a green card holder in your deal, push your lender to pull PLP number asap. If your lender is unable to do that and you have a cash-flowing deal with a full package please reach out here or at redacted We are a 100% free service to the borrower, and we get paid by the lender. Hopefully this reaches the right the right borrowers and we can save a deal or two!