For SBA lenders
Short answer
No, not all owners are required to sign SBA Form 1919; typically, only those owning 20% or more, or individuals with control, must complete and sign it.
SBA Form 1919, the Borrower Information Form, collects critical eligibility and character information. It must be completed and signed by all Proprietors, General Partners, Managing Members, or individuals owning 20% or more of the equity of the applicant business. If an individual owns less than 20% but exercises control, they may also be required to complete it.
In a corporation with three shareholders: Owner A (50%), Owner B (30%), and Owner C (20%). All three, A, B, and C, must complete and sign SBA Form 1919. If there was also Owner D (10%) with no control, D would not be required to sign the 1919.
Insider move
Lenders must correctly identify all required signatories for SBA Form 1919. Incomplete or improperly signed forms can lead to processing delays or eligibility issues down the line, potentially impacting the guaranty.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SBA Form 1919 - Borrower Information Form
SOP 50 10 - Lender and Development Company Loan Programs
Last checked 2026-06-13. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-13 · SBA sources checked through 2026-06-13. DealRoom analysis of public SBA 7(a) lending records (FY2020–present). Grounded in the current SBA rulebook; verify against the official sources above before relying on it for a live deal. Not legal, tax, or financial advice, and not an approval decision.
More on required forms
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