What type of entities are not eligible for SBA loan assistance?

Government-owned entities are not eligible for SBA loan assistance primarily because the Small Business Administration is designed to support small businesses that are privately owned and operated. The purpose of the SBA is to foster entrepreneurship and provide resources to help these businesses grow by offering loan guarantees, mentorship, and other support. Since government-owned entities are typically funded and operated by public resources, they do not qualify under the SBA's guidelines, which aim to assist individuals and private enterprises that may struggle to secure financing through traditional means.

In contrast, non-profit organizations, retail businesses, and consulting firms can often qualify for SBA loans, provided they meet the necessary criteria set forth by the SBA. Each of these types of entities may have specific eligibility requirements, but they generally align more closely with the SBA's mission to aid small businesses in achieving their operational goals and growth.