SBA Form 1081: Help Us Vet Lenders Better
Published Date: 12/10/2025
Notice
Summary
The Small Business Administration (SBA) wants your thoughts on a form they use to check if certain lenders are trustworthy and qualified. This affects Certified Development Companies, Non-Bank Lenders, and Microlenders who fill out SBA Form 1081. You’ve got until February 9, 2026, to share your comments—no money changes yet, just a chance to help make the process smoother and clearer!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Lenders Must Complete SBA Form 1081
If you are a Certified Development Company, Non-Bank Lender, Small Business Lending Company, or Microlender, you may need to complete SBA Form 1081 so the SBA can determine that your management and ownership are of “good character” and assess key personnel qualifications. The agency estimates 150 total annual responses and a total annual hour burden of 76 hours, and it has invited public comments through February 9, 2026.
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