SBA loan guaranty restrictions

According to the Small Business Administration, the vast majority of businesses are eligible for a loan guaranty from the SBA, including but not limited to those that meet the following criteria:

- Are considered a "for-profit" business
- Are engaged in, or propose to do business in, the United States or its possessions
- Have reasonable owner equity to invest
- Use alternative financial resources first, including personal assets

In addition to the obvious, illegal activities, other businesses that are not eligible include but are not limited to: loan packaging, speculation, gambling, investment or lending.