SBA loan basics
Short answer
SBA Form 1919, the 'Borrower Information Form,' is primarily used to collect crucial eligibility and background information directly from the borrower for a 7(a) loan application.
This form collects essential details about the borrower, including business ownership, citizenship, criminal history, and affiliations. Lenders use this information to determine if the borrower and the business meet the SBA's eligibility requirements. Accurate completion of this form is critical, as any misrepresentation can affect the loan's approval and the SBA guarantee.
A borrower completes Form 1919, disclosing their ownership percentage, U.S. citizenship, and affirming they have no recent criminal record. The lender then uses this information to cross-reference with other documents and verify eligibility with SBA rules.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SBA Form 1919 - Borrower Information Form
SOP 50 10 - Lender and Development Company Loan Programs
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.
Terms in this answer
Pre-qualify your SBA 7(a) deal
Tell us the business, the price, and where you are — we'll point you to the lenders most likely to fund a deal like yours and flag anything that trips up approval.
Free · No documents · Usually same-day