SBA Form 1919, SBA 7(a) Borrower Information Form - also referred to simply as the Borrower Information Form - is a form issued by the Small Business Administration (SBA) and used for collecting information about a 7(a) Borrower. The form reports on the Borrower's their indebtedness, their business, and information about any current or previous government financing.
An SBA Form 1919 fillable version is available for download through the link below or can be found through the SBA website. The new SBA Form 1919 was released by the agency in January 2018 with all previous editions obsolete.
The form is mainly used for determining whether the small business is eligible to be provided with a loan and facilitates a background check on the Borrower. The form is required for all businesses applying for a loan through the SBA 7(a) Program or the Community Advantage (CA) Program.
The SBA Form 1920 (Lender's Application for Guaranty) is required to be provided with the Borrower Information Form during the 7(a) loan application process. The SBA 1920 should be filled out by the Lender in order to provide information regarding loan terms, the use of proceeds and other necessary information to the SBA.