Glossary · Documents

SBA Form 1919 (Borrower Information Form)

Also called: Form 1919, SBA 1919, borrower information form

Defined by the Research desk, The Lender Report · Sources reviewed

The form each 7(a) co-borrower signs and gives the lender. It reports employees and jobs and the purpose of the loan, and the lender keeps the signed form and enters its data into SBA's system.

A separate Form 1919 is completed for each co-borrower and signed by the business’s authorized representative. The purpose-of-loan amounts across all the forms should add up to the total loan request. Only the information on the form, not the form itself, goes into SBA’s loan system. The lender keeps the signed form in its file. The form also carries the borrower’s agreement to buy American-made equipment and products where practicable.

It reports the number of existing employees and the jobs to be created or retained. Employees are counted under 13 CFR 121.106: everyone employed full-time, part-time or on another basis, with no conversion to full-time equivalents, and contractors paid on a 1099 are not counted. Jobs created means full-time or equivalent employees the business expects to hire because of the loan. Jobs retained means full-time or equivalent employees on the payroll who would be lost without it.

Example: a business with 12 full-time and 6 part-time employees reports 18 existing employees.

How it shows up in the data here

Not public. SBA's loan file has JobsSupported, the jobs created plus jobs retained as the lender reported them, which SBA says it does not review, audit or validate. The signed form, with the owners' details, is in no public file and is not on this site.

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Related terms

Sources

  1. SBA SOP 50 10 8.1, Appendix 20, A.1, and Appendix 1 (forms list), effective .
  2. SBA 7(a) and 504 FOIA data dictionary, JobsSupported field, retrieved .

Plain definitions for orientation, not legal, tax or credit advice. A lender's own policy decides what it will do.