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Glossary · People and paperwork

U.S. citizen

In short

A U.S. citizen is a person born in the U.S. or naturalized. As an SBA loan applicant, you must be a U.S. citizen, U.S. non-citizen national, or Qualified Alien.

What it means in a deal

All key principals owning 20% or more of the business must meet this citizenship or residency requirement to be eligible for an SBA 7(a) loan. You'll provide proof of status, such as a passport or birth certificate, during the application process.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

SOP 50 10 — Lender and Development Company Loan Programs

U.S. Small Business Administration · SBA Standard Operating Procedure

Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.

Common questions about U.S. citizen

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Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.

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