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There is no automatic rejection of applicants for SBA loans based on a record of a crime. It will depend on the circumstances, which you can explain in the application. It will also depend on the loan criteria of the bank that you are applying to, so it is a two step process. Here is an article that deals with your exact situation: http://www.lancasterlawblog.com/2011/09/articles/business-law/does-a-criminal-record-disqualify-me-from-an-sba-loan/ This is not a recommendation of the attorney who wrote it though.
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