{"ok":true,"canonical_url":"https://dealroom.so/glossary/statement-of-personal-history","api_url":"https://dealroom.so/api/public/glossary/statement-of-personal-history","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":"statement-of-personal-history","term":"Statement of Personal History","aka":"SBA Form 912","group":"People and paperwork","definition":"This form collects your personal background information, including any criminal history, to assess your character and eligibility for federal financial assistance.","what_it_means":"All individuals with 20% or more ownership in the business must complete this form. Be completely truthful and disclose any arrests or convictions, even minor ones. Undisclosed history can lead to loan denial or even fraud charges, so address any issues upfront with your lender.","url":"https://dealroom.so/glossary/statement-of-personal-history","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":"form-1919","term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"},{"slug":"good-character","term":"Good character","url":"https://dealroom.so/glossary/good-character"},{"slug":"fraud","term":"Fraud","url":"https://dealroom.so/glossary/fraud"},{"slug":"felony","term":"Felony","url":"https://dealroom.so/glossary/felony"}],"related_questions":[{"question":"What is the significance of the 'Statement of Personal History' form for an SBA 7(a) loan?","url":"https://dealroom.so/sba-loans/basics/what-is-the-significance-of-the-statement-of-personal-history-form-for-an-sba-7-a-loan"},{"question":"What is the significance of the \"Statement of Personal History\" section on SBA Form 1919 for eligibility?","url":"https://dealroom.so/for-lenders/questions/what-is-the-significance-of-the-statement-of-personal-history-section-on-sba-form-1919-for"},{"question":"When is an SBA Form 912 (Statement of Personal History) required for a non-owner guarantor?","url":"https://dealroom.so/for-lenders/questions/when-is-an-sba-form-912-statement-of-personal-history-required-for-a-non-owner-guarantor"},{"question":"When is SBA Form 912, Statement of Personal History, specifically required for 7(a) loan applicants?","url":"https://dealroom.so/for-lenders/questions/when-is-sba-form-912-statement-of-personal-history-specifically-required-for-7-a-loan-appl"},{"question":"When is an SBA Form 912 (Statement of Personal History) specifically required for a non-owner guarantor?","url":"https://dealroom.so/for-lenders/questions/when-is-an-sba-form-912-statement-of-personal-history-specifically-required-for-a-non-owne"},{"question":"What if my personal financial statement shows low liquid assets?","url":"https://dealroom.so/sba-loans/basics/what-if-my-personal-financial-statement-shows-low-liquid-assets"}]},"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 — Statement of Personal History","url":"https://dealroom.so/glossary/statement-of-personal-history","source_type":"DealRoom Data"}}