How small-business loans got caught in Trump's immigration crackdown
For decades, immigrants who are legal permanent residents in the U.S. could get loans through the Small Business Administration, a core pillar of small-business lending. Not anymore.
Opening excerpt (first ~120 words) tap to expand
Business How small-business loans got caught in Trump's immigration crackdown June 12, 20265:01 AM ET Alina Selyukh A 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. Courtesy of Sayuri Tsuchitani hide caption toggle caption Courtesy of Sayuri Tsuchitani Sign up for the Planet Money newsletter. The world is confusing. Economics can help. Before Sayuri Tsuchitani became an entrepreneur, she spent two decades on her feet: cutting, coloring and styling hair. Hairdresser's work is physically tough, and Tsuchitani often wondered how she'd manage as she grew older.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at NPR Topics: News.
Discussion
0 commentsMore from NPR Topics: News
