{"ok":true,"canonical_url":"https://dealroom.so/glossary/arrest","api_url":"https://dealroom.so/api/public/glossary/arrest","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"arrest","term":"Arrest","group":"People and paperwork","definition":"An arrest means someone was taken into custody for a suspected crime. While an arrest alone isn't an automatic disqualifier for an SBA loan, the SBA will require details to assess the nature and disposition of the charge.","what_it_means":"Form 1919 asks about arrests for certain crimes. If a key principal has an arrest record, especially for a felony or a crime involving fraud, you must provide full documentation of the event and its outcome. The SBA will review this as part of its character determination, so transparency is key.","url":"https://dealroom.so/glossary/arrest","official_sources":[{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"},{"slug":"sba-form-1919","title":"SBA Form 1919 — Borrower Information Form","official_url":"https://www.sba.gov/document/sba-form-1919-borrower-information-form","official_label":"View on SBA.gov","authority_tier":4,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sba-form-1919"}],"related":[{"slug":"deferred-prosecution","term":"Deferred Prosecution","url":"https://dealroom.so/glossary/deferred-prosecution"},{"slug":"crime-involving-fraud-or-dishonesty","term":"Crime Involving Fraud or Dishonesty","url":"https://dealroom.so/glossary/crime-involving-fraud-or-dishonesty"},{"slug":"current-indictment","term":"Current indictment","url":"https://dealroom.so/glossary/current-indictment"},{"slug":"felony","term":"Felony","url":"https://dealroom.so/glossary/felony"}],"related_questions":[{"question":"Can an arrest record without conviction for a minor offense affect my SBA 7(a) loan approval?","url":"https://dealroom.so/sba-7a/questions/can-an-arrest-record-without-conviction-for-a-minor-offense-affect-my-sba-7-a-loan-approva"}]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — Arrest","url":"https://dealroom.so/glossary/arrest","source_type":"DealRoom Data"}}