SBA Asks for Comments on Mystery Paperwork Requirements
Published Date: 12/11/2025
Notice
Summary
The Small Business Administration is updating a form that helps check if loan applicants and borrowers qualify for SBA programs. They want your feedback by January 12, 2026, to make the form easier and faster to fill out. This affects about 10,000 people yearly and aims to save time without adding extra costs.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
SBA Streamlines Form 912
If you apply for or borrow an SBA loan, the SBA is revising Form 912 (Statement of Personal History) to streamline it and align it with current SBA regulations. The change affects about 10,000 respondents per year and the agency estimates an annual hour burden of 2,500; the agency is seeking public comments by January 12, 2026.
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