{"ok":true,"canonical_url":"https://dealroom.so/glossary/form-1919","api_url":"https://dealroom.so/api/public/glossary/form-1919","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":"form-1919","term":"Form 1919","group":"The loan itself","definition":"The borrower information form every applicant signs. It asks about ownership, citizenship, criminal status, and federal debt.","what_it_means":"Every owner of 20% or more in the borrowing entity must complete SBA Form 1919, which certifies background information and SBA eligibility. One of the most consequential questions: have you ever defaulted on a prior SBA loan or federal obligation? Disclosing a prior SBA loss can trigger an automatic decline. Complete your Form 1919 early in the process — surprises here can kill a deal after you've invested months in due diligence.","url":"https://dealroom.so/glossary/form-1919","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"}],"related":[{"slug":"personal-guarantee","term":"Personal guarantee","url":"https://dealroom.so/glossary/personal-guarantee"},{"slug":"change-of-ownership","term":"Change of ownership","url":"https://dealroom.so/glossary/change-of-ownership"},{"slug":"7a-loan","term":"7(a) loan","url":"https://dealroom.so/glossary/7a-loan"},{"slug":"sop-50-10","term":"SOP 50 10","url":"https://dealroom.so/glossary/sop-50-10"}],"related_questions":[{"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":"When must an applicant update their SBA Form 1919, Borrower Information Form, during underwriting?","url":"https://dealroom.so/for-lenders/questions/when-must-an-applicant-update-their-sba-form-1919-borrower-information-form-during-underwr"},{"question":"What is the primary purpose of SBA Form 1919 (Borrower Information Form) in 7(a) loan processing?","url":"https://dealroom.so/for-lenders/questions/what-is-the-primary-purpose-of-sba-form-1919-borrower-information-form-in-7-a-loan-process"},{"question":"What is the primary purpose of SBA Form 1919 for eligibility?","url":"https://dealroom.so/for-lenders/questions/what-is-the-primary-purpose-of-sba-form-1919-for-eligibility"},{"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":"What is the importance of the SBA Form 1919 (Borrower Information Form) in the 7(a) loan application process?","url":"https://dealroom.so/for-lenders/questions/what-is-the-importance-of-the-sba-form-1919-borrower-information-form-in-the-7-a-loan-appl"}]},"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 — Form 1919","url":"https://dealroom.so/glossary/form-1919","source_type":"DealRoom Data"}}