Ensuring SBA Loan Assistance Only Goes To American Citizens

In March, the Trump Administration announced the U.S. Small Business Administration (SBA) would begin requiring proof of citizenship and age verification when applying for SBA assistance – long overdue reforms ensuring taxpayer dollars take care of American citizens first, not people in the U.S. illegally.

Earlier this year, the Department of Government Efficiency (DOGE) uncovered flagrant abuse of SBA’s loan programs, including more than $630 million in loans given to applicants older than 115 years old and younger than 11, according to data from the Social Security Administration.

This is unacceptable. Hardworking Americans fight every day to run a successful small business and provide for their families – taxpayer dollars should support American owned businesses, not businesses run by illegal immigrants or ineligible fraudsters.

House Republicans are bringing forward legislation to codify President Trump and SBA Administrator Loeffler’s executive action reforms to the SBA loan application process, putting American families and small businesses first by cutting waste, fraud, and abuse, and making sure SBA loans go only to businesses owned by American citizens. 

H.R. 2966, the American Entrepreneurs First Act, introduced by Rep. Beth Van Duyne, codifies the SBA’s new verification requirements, including proof of citizenship and age verification, for SBA assistance applications, strengthening protections against fraud and ensuring taxpayer-funded loans go only to Americans. 

House Republicans are fighting to empower American job creators and businesses with the resources they need to flourish. Will Democrats vote with us to implement these common sense reforms, or will they continue to put fraudsters and illegal aliens before hardworking Americans?