{"ok":true,"canonical_url":"https://dealroom.so/for-lenders/questions/which-specific-lender-certifications-are-required-on-the-lender-s-application-for-guaranty","api_url":"https://dealroom.so/api/public/questions/which-specific-lender-certifications-are-required-on-the-lender-s-application-for-guaranty","question":"Which specific lender certifications are required on the Lender's Application for Guaranty (or its E-Tran equivalent) to ensure loan eligibility?","topic":"Required forms (1919, etc.)","audience":"lender","bot_mode":"lender","short_answer":"Lenders must certify that they have performed appropriate due diligence, verified eligibility, adhered to prudent lending practices, and confirmed all information submitted is true and accurate to their best knowledge.","rule":"When submitting a loan for SBA guaranty, the lender certifies compliance with all SBA loan program requirements. These certifications affirm the lender has properly underwritten the loan, verified borrower and business eligibility, confirmed the use of proceeds, and taken appropriate collateral, among other requirements. These are now integrated into the E-Tran submission process.","example":"In E-Tran, before final submission, the loan officer certifies that they have reviewed the application, confirmed the borrower is a small business, verified equity injection, performed the credit elsewhere test, and ensured the loan meets all 7(a) program requirements.","what_lenders_check":"Lenders face significant risk if these certifications are inaccurate, as it can lead to repair or denial of the guaranty. Therefore, a robust internal review process is essential to ensure compliance before certification.","required_facts":["Lender certifications","Due diligence","Eligibility","Prudent lending","E-Tran submission","Guaranty"],"source_families":["SOP 50 10 - Lender and Development Company Loan Programs","13 CFR Part 120 - Business Loans"],"official_sources":[{"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":"What specific fields in SBA Form 1919 are most critical for initial eligibility review, and what common errors lead to delays?","url":"https://dealroom.so/for-lenders/questions/what-specific-fields-in-sba-form-1919-are-most-critical-for-initial-eligibility-review-and"},{"question":"What specific certifications about criminal history are required from principals on SBA Form 1919 for 7(a) loan eligibility?","url":"https://dealroom.so/for-lenders/questions/what-specific-certifications-about-criminal-history-are-required-from-principals-on-sba-fo"},{"question":"What is the lender's responsibility for validating the business purpose and use of proceeds certified on SBA Form 1919?","url":"https://dealroom.so/for-lenders/questions/what-is-the-lender-s-responsibility-for-validating-the-business-purpose-and-use-of-proceed"},{"question":"What is the consequence for a lender if there are inconsistencies between the borrower's SBA Form 1919 and other application documents?","url":"https://dealroom.so/for-lenders/questions/what-is-the-consequence-for-a-lender-if-there-are-inconsistencies-between-the-borrower-s-s"},{"question":"What is the purpose of SBA Form 413, and which individuals must complete it for a 7(a) loan application?","url":"https://dealroom.so/for-lenders/questions/what-is-the-purpose-of-sba-form-413-and-which-individuals-must-complete-it-for-a-7-a-loan-"},{"question":"What is the purpose of SBA Form 413, and which individuals must complete it for a 7(a) loan?","url":"https://dealroom.so/for-lenders/questions/what-is-the-purpose-of-sba-form-413-and-which-individuals-must-complete-it-for-a-7-a-loan"}],"related_terms":[{"term":"Lender's Application for Guaranty","url":"https://dealroom.so/glossary/lender-s-application-for-guaranty"},{"term":"Application for Guaranty","url":"https://dealroom.so/glossary/application-for-guaranty"},{"term":"Call on the guaranty","url":"https://dealroom.so/glossary/call-on-the-guaranty"},{"term":"Certifications","url":"https://dealroom.so/glossary/certifications"},{"term":"E-Tran entry","url":"https://dealroom.so/glossary/e-tran-entry"},{"term":"E-Tran Error","url":"https://dealroom.so/glossary/e-tran-error"}],"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/which-specific-lender-certifications-are-required-on-the-lender-s-application-for-guaranty","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."]}