Non Residents/LPRs and SBA Financing

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by a lender from Bloomsburg University of Pennsylvania
in Ambler, PA 19002, USA

4mos ago

Non Residents/LPRs and SBA Financing

Potentially massive implications of a SBA notice that got slipped in today. redacted Short version of rescinding the <5% equity of foreign nationals and furthermore limiting LPR's (legal permanent residents) in qualifying for SBA loans. PSA for all to check with their lenders with deals in the queue. We are monitoring and talking with folks in NAGGL and SBA to better understand

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