{"ok":true,"canonical_url":"https://dealroom.so/for-lenders/questions/what-is-the-purpose-of-collecting-borrower-certifications-on-sba-form-1919","api_url":"https://dealroom.so/api/public/questions/what-is-the-purpose-of-collecting-borrower-certifications-on-sba-form-1919","question":"What is the purpose of collecting borrower certifications on SBA Form 1919?","topic":"Required Forms","audience":"lender","bot_mode":"lender","short_answer":"The certifications on SBA Form 1919 obtain the borrower's formal attestations regarding eligibility, criminal history, use of proceeds, and other critical program requirements, serving as a basis for lender and SBA decisions.","rule":"Form 1919 requires the borrower to certify under penalty of perjury various aspects of their eligibility and intended use of funds. These certifications are crucial for the SBA and the lender to assess eligibility, suitability, and compliance with federal regulations and program rules, ensuring accountability.","example":"The borrower signs Form 1919, certifying they are not engaged in an ineligible business activity, have not defaulted on government debt, and will use the loan proceeds solely for approved purposes. These certifications are reviewed by the lender and relied upon for loan approval.","what_lenders_check":"Lenders must review Form 1919 carefully for inconsistencies or red flags. While certifications are from the borrower, the lender has a responsibility to conduct reasonable due diligence to ensure the certifications are credible and align with other information.","required_facts":[],"source_families":["SBA Form 1919 - Borrower Information Form","SOP 50 10 - Lender and Development Company Loan Programs","13 CFR Part 120 - Business Loans"],"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"}],"related_questions":[{"question":"Which individuals must complete SBA Form 413 and how does it inform credit decisions?","url":"https://dealroom.so/for-lenders/questions/which-individuals-must-complete-sba-form-413-and-how-does-it-inform-credit-decisions"},{"question":"How does SBA Form 1919 ensure borrower eligibility compliance for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/how-does-sba-form-1919-ensure-borrower-eligibility-compliance-for-a-7-a-loan"},{"question":"What is the primary purpose of SBA Form 1919 and how does a lender use it in 7(a) underwriting?","url":"https://dealroom.so/for-lenders/questions/what-is-the-primary-purpose-of-sba-form-1919-and-how-does-a-lender-use-it-in-7-a-underwrit"},{"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":"Which SBA forms are mandatory for every 7(a) loan application?","url":"https://dealroom.so/for-lenders/questions/which-sba-forms-are-mandatory-for-every-7-a-loan-application"},{"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"}],"related_terms":[{"term":"Form 1919","url":"https://dealroom.so/glossary/form-1919"},{"term":"Borrower Certifications","url":"https://dealroom.so/glossary/borrower-certifications"},{"term":"SBA Form 1919 Disclosure","url":"https://dealroom.so/glossary/sba-form-1919-disclosure"},{"term":"Claim on the SBA Guarantee","url":"https://dealroom.so/glossary/claim-on-the-sba-guarantee"},{"term":"Certifications","url":"https://dealroom.so/glossary/certifications"},{"term":"SBA Form 148","url":"https://dealroom.so/glossary/sba-form-148"}],"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/for-lenders/questions/what-is-the-purpose-of-collecting-borrower-certifications-on-sba-form-1919","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."]}