SBA Form 1919, or the Borrower Information Form, is part of a larger application process small businesses go through to obtain 7(a) loans. The seven-page form includes sections for information about the business, ownership interest, uses of funds, and the nature of the business, and was last updated in December 2023.
Are SBA loans public record? Yes, information on loans issued by the SBA is publicly available and subject to release under the Freedom of Information Act.
Here's the 10-step process for how to fill out SBA Form 1919: Fill In Your Business Identifying Information for Section 1. Answer Questions in Section 1 (Questions 1 - 16) Review Section 1: Sign and Date. Fill In Your Business Identifying Information for Section 2. Answer Questions in Section 2 (Questions 17 - 26)
The Stand-by Arrangement (SBA) provides short-term financial assistance to countries facing balance of payments problems. Historically, it has been the IMF lending instrument most used by advanced and emerging market countries.
Form 1919 gives the SBA crucial information about you, the borrower, and also facilitates a background check. Once you fill it out, you'll submit it to your participating lender (not to the SBA itself). You must answer each of its 22 questions, and the SBA may review your answers.