For SBA lenders
Short answer
Yes, lenders are required to verify critical information provided on SBA Form 1919 through independent sources. This includes criminal history, citizenship status, and other eligibility criteria to ensure accuracy.
SBA lenders act as the initial gatekeepers for eligibility. They cannot simply accept the borrower's attestations on Form 1919 at face value. Lenders must conduct their own due diligence to verify key information, such as checking for criminal records through appropriate databases, confirming citizenship/residency documents (e.g., Green Card), and cross-referencing with other financial documents. This verification is a core component of prudent lending.
A borrower indicates no prior bankruptcies on Form 1919. The lender performs a credit check and finds a bankruptcy discharged three years ago. The lender must then reconcile this discrepancy, requiring explanations and documentation from the borrower, or decline the loan if unresolved.
SOP 50 10 - Lender and Development Company Loan Programs
SBA Form 1919 - Borrower Information Form
Criminal Justice Reviews for SBA Business Loan Programs - Final Rule
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.
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