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In general, the answer is yes. Non-US Citizens, who have US based business, are eligible for business and SBA loans. There are no legal restrictions.
However, each lender that you work with may have its own policies on whether it's willing to work with non-US citizens. Some banks choose not to because it can create issues if the loan goes into default. However, most banks and lending institutions have no problem as long as the business is an US corporation or LLC.
If a lender is willing to work with you, then you just have to follow the bank’s own individual guidelines and application procedure that non-citizens have to follow to be eligible for loans. Keep in mind that most banks have a rule that if a non-citizen is the sole or majority owner, then they have to fully collateralize the loan with US-based assets, and the business must have been operating for at least 1 year.
I hope this clarifies and helps.
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