SBA doubles combined 7(a)+504 loan ceiling to $10 million
Effective July 4, 2026, the SBA doubled the cumulative cap on its two flagship loan programs to $10 million—up to $5M in 7(a) and up to $5M in 504 held at the same time. Previously…
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SBA bars foreign-national-owned businesses from SBA loans
In a March 9, 2026 policy notice, the SBA banned businesses with any foreign-national ownership from all SBA-guaranteed programs, including 7(a), 504, Microloan, and Surety Bond. A…
SBA rewrite bars green-card holders from 7(a)/504 loans, drops credit-score prescreen
SBA's revised SOP 50 10 8, effective March 1, 2026, requires 100% of a borrower's direct and indirect owners to be US citizens or nationals residing in the US—excluding lawful perm…