Glossary · People and paperwork
In short
Intentional misrepresentation is deliberately providing false information or concealing crucial facts to deceive another party. This is a serious offense that can invalidate a deal and lead to legal action, including federal penalties.
If a seller provides false financial statements, or you as the buyer intentionally misstate your personal financial health on Form 1919, it's Intentional misrepresentation. The SBA and lenders scrutinize all disclosures, and such actions can lead to loan denial, legal penalties, or even being Debarred from federal programs.
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
SBA Form 1919 — Borrower Information Form
U.S. Small Business Administration · SBA form
Last checked 2026-06-15. 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 2026-06-15 · 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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