Skip to main content

Glossary · People and paperwork

SBA Form 912(Statement of Personal History)

In short

This mandatory form, also known as the Statement of Personal History, requires all principals of an SBA loan applicant to disclose personal background information, including criminal history and past federal debt defaults.

What it means in a deal

You and any other key principals must complete this form accurately. Any past felonies, bankruptcies, or defaults on federal debt must be disclosed. Undisclosed issues can lead to loan denial or, worse, accusations of fraud or misrepresentation later.

Official sources

13 CFR Part 120 — Business Loans

Office of the Federal Register · Federal regulation

Last checked 2026-06-15. Official sources control — verify before relying on any rule for a live deal.

Common questions about SBA Form 912

← Browse all glossary 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.

Know what you'll need before you apply

Tell us about the deal and who's buying — we'll flag the guaranty, eligibility, and paperwork issues that slow SBA approval before they cost you time.

Free · No documents · Usually same-day

Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.

Scroll