Glossary · People and paperwork
In short
A misdemeanor is a less serious crime than a felony. While it might not automatically disqualify you for an SBA loan, the SBA will scrutinize your character.
On SBA Form 1919, you must disclose any criminal offenses, including misdemeanors. The SBA evaluates 'good character' and considers the nature, recency, and severity of any offense. While a minor, non-financial misdemeanor from many years ago might be overlooked, recent or financial-related misdemeanors could be a red flag. Always disclose fully and be prepared to explain.
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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