^redacted‌ thanks for the tag. I'm trying to do something similar with my acquisition. I'm not sure what specific questions or concerns you have, but from what I understand, this will not disqualify you from an SBA loan. On my deal, my family members will only have 10% each so they will not have to provide a personal guarantee on the SBA or any other type of loan. I'm not sure about the structure of your deal (i.e. whether they're putting up capital or you're gifting shares; whether they'll be working for the business, etc.), but you definitely want to consult with your lender(s), your attorney, and your tax accountant, and explain what you're trying to accomplish.

Happens all the time, we have 2 clients doing it and Im doing it now through a family business. Happy to talk about this - redacted