{"ok":true,"canonical_url":"https://dealroom.so/glossary/criminal-information","api_url":"https://dealroom.so/api/public/glossary/criminal-information","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":"criminal-information","term":"Criminal information","group":"People and paperwork","definition":"A formal accusation of a crime filed by a prosecutor without a grand jury indictment. Similar to a felony indictment, it poses a significant challenge to SBA loan eligibility.","what_it_means":"Like a felony indictment, a criminal information filing against you or a Key Principal can disqualify you from an SBA loan due to the \"Good Character\" requirement. Lenders will scrutinize any such legal action. Full disclosure is mandatory on SBA Form 1919.","url":"https://dealroom.so/glossary/criminal-information","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":"felony-indictment","term":"Felony indictment","url":"https://dealroom.so/glossary/felony-indictment"},{"slug":"felony","term":"Felony","url":"https://dealroom.so/glossary/felony"},{"slug":"good-character","term":"Good character","url":"https://dealroom.so/glossary/good-character"},{"slug":"form-1919","term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"}],"related_questions":[{"question":"What critical information often missing from a Universal Purchase Package (UPP) leads to an SBA request for more information?","url":"https://dealroom.so/for-lenders/questions/what-critical-information-often-missing-from-a-universal-purchase-package-upp-leads-to-an-"},{"question":"Which criminal history issues commonly prevent SBA loan approval?","url":"https://dealroom.so/sba-7a/questions/which-criminal-history-issues-commonly-prevent-sba-loan-approval"},{"question":"Does misrepresenting financial information on the SBA application automatically kill approval?","url":"https://dealroom.so/sba-7a/questions/does-misrepresenting-financial-information-on-the-sba-application-automatically-kill-appro"},{"question":"How do criminal history issues commonly prevent SBA loan approval?","url":"https://dealroom.so/for-lenders/questions/how-do-criminal-history-issues-commonly-prevent-sba-loan-approval"},{"question":"What is the primary purpose of SBA Form 1919, 'Borrower Information Form'?","url":"https://dealroom.so/sba-loans/basics/what-is-the-primary-purpose-of-sba-form-1919-borrower-information-form"},{"question":"Can failing to disclose information kill my SBA 7(a) loan approval?","url":"https://dealroom.so/sba-7a/questions/can-failing-to-disclose-information-kill-my-sba-7-a-loan-approval"}]},"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 — Criminal information","url":"https://dealroom.so/glossary/criminal-information","source_type":"DealRoom Data"}}