Glossary · People and paperwork
In short
A legal warning stating that the information you're providing is true and accurate to the best of your knowledge, and that lying carries serious legal consequences.
You'll see this phrase on many SBA forms and closing documents, including the Form 1919 and personal financial statements. By signing under penalty of perjury, you're affirming the truthfulness of your statements. Providing false information can lead to criminal charges, loan default, and make you debarred from federal programs. Always be truthful.
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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