{"ok":true,"canonical_url":"https://dealroom.so/sba-loans/basics/what-is-the-primary-purpose-of-sba-form-1919-borrower-information-form","api_url":"https://dealroom.so/api/public/questions/what-is-the-primary-purpose-of-sba-form-1919-borrower-information-form","question":"What is the primary purpose of SBA Form 1919, 'Borrower Information Form'?","topic":"SBA Forms & Application","audience":"new","bot_mode":"buyer","short_answer":"SBA Form 1919, the 'Borrower Information Form,' is primarily used to collect crucial eligibility and background information directly from the borrower for a 7(a) loan application.","rule":"This form collects essential details about the borrower, including business ownership, citizenship, criminal history, and affiliations. Lenders use this information to determine if the borrower and the business meet the SBA's eligibility requirements. Accurate completion of this form is critical, as any misrepresentation can affect the loan's approval and the SBA guarantee.","example":"A borrower completes Form 1919, disclosing their ownership percentage, U.S. citizenship, and affirming they have no recent criminal record. The lender then uses this information to cross-reference with other documents and verify eligibility with SBA rules.","what_lenders_check":"Lenders must ensure that Form 1919 is accurately completed by all relevant parties. They use the information to perform due diligence and ensure compliance with all SBA eligibility criteria, which is vital for the validity of the SBA guarantee.","required_facts":["Borrower information","Eligibility checks","Ownership details","Citizenship","Criminal history"],"source_families":["SBA Form 1919 - Borrower Information Form","SOP 50 10 - Lender and Development Company Loan Programs","13 CFR Part 120 - Business Loans","Criminal Justice Reviews for SBA Business Loan Programs - Final Rule"],"official_sources":[{"title":"SBA Form 1919 - Borrower Information Form","url":"https://www.sba.gov/sites/default/files/2025-03/2025.02.27%20Form%201919%20-%20Updates%20%28FINAL%29_03-12-2025%20%281%29.pdf"},{"title":"SOP 50 10 - Lender and Development Company Loan Programs","url":"https://www.sba.gov/sites/default/files/2025-05/SOP%2050%2010%208%20Technical%20Updates%20effective%206.1.2025.docx"},{"title":"13 CFR Part 120 - Business Loans","url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120"},{"title":"Criminal Justice Reviews for SBA Business Loan Programs - Final Rule","url":"https://www.federalregister.gov/documents/2024/04/30/2024-09009/criminal-justice-reviews-for-the-sba-business-loan-programs-disaster-loan-programs-and-surety-bond"}],"related_questions":[],"related_terms":[{"term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"},{"term":"SBA Form 1919 Disclosure","url":"https://dealroom.so/glossary/sba-form-1919-disclosure"},{"term":"SBA Form 148","url":"https://dealroom.so/glossary/sba-form-148"},{"term":"SBA Form 912","url":"https://dealroom.so/glossary/sba-form-912"},{"term":"Cancellation of the SBA guaranty","url":"https://dealroom.so/glossary/cancellation-of-the-sba-guaranty"},{"term":"Ineligible Purpose","url":"https://dealroom.so/glossary/ineligible-purpose"}],"related_tools":[{"name":"SBA 7(a) payment & fee calculator","url":"https://dealroom.so/sba-7a/calculator"},{"name":"Find an active SBA 7(a) lender","url":"https://dealroom.so/lenders"}],"data_freshness":{"last_reviewed":"2026-06-13","sba_rule_sources_checked_through":"2026-06-13"},"citation":{"label":"DealRoom.so SBA 7(a) Q&A","url":"https://dealroom.so/sba-loans/basics/what-is-the-primary-purpose-of-sba-form-1919-borrower-information-form","source_type":"DealRoom Q&A"},"caveats":["Grounded in the current SBA rulebook; verify against official sources before relying on it for a live deal.","Not legal, tax, or financial advice and not an approval decision."]}