Hi All,

Question for the community: I understand that the SBA prohibits ongoing owner involvement in the business after an acquisition is made with a 7(a) loan; owners may remain involved as a consultant, for up to a year. Is there an ownership threshold below which a minority owner may remain involved for a longer or indefinite term? For example, let's say there is a 90% owner/founder who wants to retire, and a 10% owner/employee who wants to remain engaged long term. Is there any way to make that happen?

Thanks in advance!