How smallbusiness loans got caught in Trumps immigration crackdown

Image for article How smallbusiness loans got caught in Trumps immigration crackdown
News Source : NPR

News Summary

  • Small-business loan helped Sayuri Tsuchitani open her own storefront: a Japanese head spa.
  • But today, she wouldn't qualify because the Small Business Administration has dramatically changed its lending policy.
  • The change is part of the quieter side of the Trump administration's push to discourage immigration.
  • The SBA did not respond to NPR's questions about the potential impact of its policy on future job and business creation in the u.s. The agency's small-business loans "are for American citizens, and we're unapologetic about it," Kelly Loeffler said.
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