{"ok":true,"canonical_url":"https://dealroom.so/glossary/penalty-of-perjury","api_url":"https://dealroom.so/api/public/glossary/penalty-of-perjury","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-16","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"penalty-of-perjury","term":"Penalty of perjury","group":"People and paperwork","definition":"A legal warning stating that the information you're providing is true and accurate to the best of your knowledge, and that lying carries serious legal consequences.","what_it_means":"You'll see this phrase on many SBA forms and closing documents, including the Form 1919 and personal financial statements. By signing under penalty of perjury, you're affirming the truthfulness of your statements. Providing false information can lead to criminal charges, loan default, and make you debarred from federal programs. Always be truthful.","url":"https://dealroom.so/glossary/penalty-of-perjury","official_sources":[],"related":[{"slug":"form-1919","term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"},{"slug":"intentional-misrepresentation","term":"Intentional misrepresentation","url":"https://dealroom.so/glossary/intentional-misrepresentation"},{"slug":"fraud","term":"Fraud","url":"https://dealroom.so/glossary/fraud"}],"related_questions":[{"question":"What triggers the application of the SBA 7(a) loan prepayment penalty?","url":"https://dealroom.so/for-lenders/questions/what-triggers-the-application-of-the-sba-7-a-loan-prepayment-penalty"},{"question":"Is there a prepayment penalty for early repayment of my SBA 7(a) loan if the principal balance is under $500,000?","url":"https://dealroom.so/sba-7a/questions/is-there-a-prepayment-penalty-for-early-repayment-of-my-sba-7-a-loan-if-the-principal-bala"},{"question":"What specific conditions apply to the prepayment penalty on 7(a) loans exceeding $2,500,000 with terms of 15 years or more?","url":"https://dealroom.so/for-lenders/questions/what-specific-conditions-apply-to-the-prepayment-penalty-on-7-a-loans-exceeding-2-500-000-"},{"question":"If I significantly reduce the principal balance of my SBA 7(a) loan within the first three years, will a prepayment penalty apply?","url":"https://dealroom.so/sba-7a/questions/if-i-significantly-reduce-the-principal-balance-of-my-sba-7-a-loan-within-the-first-three-"},{"question":"Are there specific loan sizes for which the prepayment penalty does not apply?","url":"https://dealroom.so/sba-7a/questions/are-there-specific-loan-sizes-for-which-the-prepayment-penalty-does-not-apply"},{"question":"Will I pay a prepayment penalty if I repay my SBA 7(a) loan early?","url":"https://dealroom.so/sba-7a/questions/will-i-pay-a-prepayment-penalty-if-i-repay-my-sba-7-a-loan-early"}]},"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 — Penalty of perjury","url":"https://dealroom.so/glossary/penalty-of-perjury","source_type":"DealRoom Data"}}