Get Form 1086 What For

The purpose of SBA Form 912 is to provide the Small Business Administration (SBA) with information to assess your character and creditworthiness. It is used as part of the assessment of program eligibility and to make a character and credit eligibility decision to fund or deny a loan.

Purpose for Collecting Information: SBA is collecting the information on this form, including your social security number and other personal information to make a character and credit eligibility decision in connection with you or your company's application for a loan or other form of SBA assistance.

SBA uses this form to assess the financial situation of applicants for multiple SBA programs and certifications.

SBA Criminal History Eligibility Policies Felony convictions within the last 5 years related to fraud, bribery, embezzlement, or a false statement in a loan application or an application for federal financial assistance are ineligible. Business owners currently on parole or probation are ineligible.

Although the SBA Form 912 is no longer required, if an individual owner answers “yes” to question 18 or 19, the individual must provide the details to Page 3 PAGE 3 of 6 EXPIRES: 9-1-21 SBA Form 1353.3 (4-93) MS Word Edition; previous editions obsolete Must be accompanied by SBA Form 58 Federal Recycling Program ...

This form must be executed by both the borrower and the construction contractor for any loan involving construction of more than $10,000.

First, let's walk you through the three simple steps you'll need to complete on SBA Form 912. Step 1: Provide Identifying Information in Sections 1-6. ... Step 2: Provide Criminal History (If Applicable) in Sections 7-9. ... Step 3: Sign and Date the Form.