Glossary · People and paperwork
Indictment
In short
An indictment is a formal accusation by a grand jury that there is enough evidence to bring criminal charges. If you or a key principal face an indictment, it impacts your eligibility for an SBA loan.
What it means in a deal
SBA requires good character from all key principals. An indictment for a felony or a crime involving moral turpitude will make you ineligible for an SBA 7(a) loan until the matter is resolved. You must disclose any such history on SBA Form 1919; failure to do so is a serious issue.
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
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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