{"ok":true,"canonical_url":"https://dealroom.so/glossary/borrower-certifications","api_url":"https://dealroom.so/api/public/glossary/borrower-certifications","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":"borrower-certifications","term":"Borrower Certifications","group":"People and paperwork","definition":"These are formal statements signed by you, the borrower, affirming the accuracy of information provided and your compliance with specific loan requirements. They carry legal weight.","what_it_means":"Throughout the SBA loan process, you will sign numerous Borrower Certifications, including on SBA Form 1919 and at closing. These attest to your eligibility, the truthfulness of your financial disclosures, and your understanding of the loan terms. Misrepresentations can lead to loan default or even fraud charges, so review them carefully.","url":"https://dealroom.so/glossary/borrower-certifications","official_sources":[{"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"},{"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"}],"related":[{"slug":"penalty-of-perjury","term":"Penalty of perjury","url":"https://dealroom.so/glossary/penalty-of-perjury"},{"slug":"material-information","term":"Material information","url":"https://dealroom.so/glossary/material-information"},{"slug":"underwriting","term":"Underwriting","url":"https://dealroom.so/glossary/underwriting"}],"related_questions":[{"question":"What is the purpose of collecting borrower certifications on SBA Form 1919?","url":"https://dealroom.so/for-lenders/questions/what-is-the-purpose-of-collecting-borrower-certifications-on-sba-form-1919"},{"question":"How does a lender verify the accuracy and completeness of borrower certifications on SBA Form 1919 regarding criminal history?","url":"https://dealroom.so/for-lenders/questions/how-does-a-lender-verify-the-accuracy-and-completeness-of-borrower-certifications-on-sba-f"},{"question":"What specific certifications on SBA Form 1920 (or E-Tran equivalent) relate to credit elsewhere?","url":"https://dealroom.so/for-lenders/questions/what-specific-certifications-on-sba-form-1920-or-e-tran-equivalent-relate-to-credit-elsewh"},{"question":"Are specific certifications or licenses required for my industry for SBA 7(a) loan approval?","url":"https://dealroom.so/sba-7a/questions/are-specific-certifications-or-licenses-required-for-my-industry-for-sba-7-a-loan-approval"},{"question":"Are there specific certifications or licenses required for my industry for SBA 7(a) loan approval?","url":"https://dealroom.so/sba-7a/questions/are-there-specific-certifications-or-licenses-required-for-my-industry-for-sba-7-a-loan-ap"},{"question":"What eligibility certifications are collected on SBA Form 1919 that are crucial for a 7(a) loan application?","url":"https://dealroom.so/for-lenders/questions/what-eligibility-certifications-are-collected-on-sba-form-1919-that-are-crucial-for-a-7-a-"}]},"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 — Borrower Certifications","url":"https://dealroom.so/glossary/borrower-certifications","source_type":"DealRoom Data"}}