best free SBA 7a 504 loan application business growth plan roadmap blueprint software template

Update: All SBA 7(a) and 504 loans now require 100% ownership by U.S. Citizens…

SBA Citizenship Rules for 7(a) and 504 Loan Eligibility in 2025 Update from the SBA: All 7(a) and 504 loans now require 100% ownership by U.S. Citizens, U.S. Nationals, or Lawful Permanent Residents. Even a small percentage of foreign ownership like — 1% or less — can now disqualify an otherwise eligible business from receiving…