Glossary · People and paperwork
In short
This status grants non-citizens the right to live and work permanently in the U.S., commonly known as having a "green card." SBA borrowers must meet specific citizenship or residency requirements.
If you're not a U.S. citizen, you must prove lawful permanent residency or qualified non-immigrant status to be eligible for an SBA 7(a) loan. The lender will require documentation like your Form I-551 (green card). Ensure your immigration status is current and fully documented to avoid delays.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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