Glossary · The loan itself
In short
The borrower information form every applicant signs. It asks about ownership, citizenship, criminal status, and federal debt.
Every owner of 20% or more in the borrowing entity must complete SBA Form 1919, which certifies background information and SBA eligibility. One of the most consequential questions: have you ever defaulted on a prior SBA loan or federal obligation? Disclosing a prior SBA loss can trigger an automatic decline. Complete your Form 1919 early in the process — surprises here can kill a deal after you've invested months in due diligence.
SBA Form 1919 — Borrower Information Form
U.S. Small Business Administration · SBA form
Last checked 2026-06-14. Official sources control — verify before relying on any rule for a live deal.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-14 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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