Glossary · People and paperwork
Eligibility Certification
In short
A formal statement confirming that you and your business meet all the SBA's requirements to receive a 7(a) loan. It's a critical part of your loan application.
What it means in a deal
You'll sign this certification, often as part of SBA Form 1919, attesting to your and the business's eligibility for the loan program. False certifications can lead to loan default, legal penalties, and the SBA calling its guaranty. Double-check everything.
Official sources
SOP 50 10 — Lender and Development Company Loan Programs
U.S. Small Business Administration · SBA Standard Operating Procedure
SBA Form 1919 — Borrower Information Form
U.S. Small Business Administration · SBA form
Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.
Related terms
Common questions about Eligibility Certification
- What eligibility certifications are collected on SBA Form 1919 that are crucial for a 7(a) loan application?
- What specific certifications about criminal history are required from principals on SBA Form 1919 for 7(a) loan eligibility?
- What specific certifications on SBA Form 1919 are critical for an applicant's eligibility, and how does a lender verify them?
- Which specific lender certifications are required on the Lender's Application for Guaranty (or its E-Tran equivalent) to ensure loan eligibility?
- Which specific eligibility certifications are collected on SBA Form 1919 that are crucial for a 7(a) loan application and must be verified by the lender?
- How does the SBA define a 'speculative' business for eligibility?
Defined by CapBench SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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