Core Viewpoint - The Small Business Administration (SBA) has announced that effective March 1, green card holders will no longer be eligible to apply for SBA loans, tightening loan restrictions further to support U.S. citizens and lawful permanent residents [1][3]. Group 1: Policy Changes - The SBA has increased the ownership requirement for businesses applying for loans from 51% to 100% ownership by U.S. citizens, U.S. nationals, or lawful permanent residents [1]. - A previous policy allowing up to 5% non-citizen ownership has been rescinded, making lawful permanent residents ineligible for SBA loans as well [2]. Group 2: SBA's Rationale - The SBA emphasizes its commitment to driving economic growth and job creation for American citizens, stating that taxpayer dollars should support U.S. job creators and innovators [3]. Group 3: Industry Response - The Small Business Majority, an advocacy group, argues that the SBA's decision will hinder the growth of small businesses and job creation in the U.S., noting that immigrants are twice as likely to start a business compared to native-born citizens [4].