# Form 1919

The SBA borrower form listing the owners and answering the character questions.

Answers here are checked rather than taken on faith, and a matter discovered later is far worse than the same matter disclosed early with an explanation attached. Read the form before you sign an [LOI](https://searchspheresource.com/glossary/loi), not after, so that nothing on it surprises your lender at the point where you have already spent money on diligence. An old charge that was resolved is usually workable; the version that ends deals is the one the lender finds themselves. Older checklists still cite Form 912, the separate personal-history statement; the SBA retired it, and its questions live in this form now.

In numbers: One 1919 for the buying entity, signed by its authorized representative, lists every 20%-plus owner and answers for each; a citizenship answer or a past charge that surfaces late is how approved files reopen in underwriting, so it is answered completely the first time.

Source: https://searchspheresource.com/glossary/form-1919
Not dated: A definition is editorial: what a term means, why it matters, and an example. None of it reads a source that can go stale, so there is no date to take and a stamped one would be the build time wearing a costume.

Site index for machines: https://searchspheresource.com/llms.txt
