Currently for the 7(a) and 504 business loan programs, SBA considers an applicant ineligible if the business has an Associate who is incarcerated, on probation, on parole, or is under indictment for a felony or any crime involving or relating to financial misconduct or a false statement, and for Microloans, in addition to incarcerated, an…
The post SBA Proposes Only Jailed Criminals Ineligible for SBA Loans first appeared on Coleman Report.