SBA Loan possible?

I have been looking at a few companies that I can acquire. These are SaaS companies. Here are the details:

1. They have a healthy cash flow ~1M in revenue, 600k in SDE, and have been showing consistent growth in the last 3 years. 
   
   2. They are currently owned by non US citizens and hence I am assuming these cannot be funded by SBA
2. Priced to be around $2- 2.5M
   Is there a way to get SBA funding for this acquisition? If not, what is a creative way to close this deal other than a full seller note?

I am wondering if we can negotiate something like this

1. Negotiate an annuity deal or a hybrid deal with a balloon payment at the end of 2 years.
2. Create a US entity with me (US Citizen) as the majority owner
3. Acquire the assets of the company into this newly formed entity
4. Use the 2 years to grow the company and start paying on the note.
5. Build the history in 2 years for SBA to refinance the seller note - which will be used to do the balloon payment.

Is this possible to do? Would conventional loans or SBA lend money to refinance the note?

Thanks

Sreenath