SBA Form 1846: Statement Regarding Lobbying

Who completes it

Anyone requesting a federal loan guarantee above $150,000 must file this kind of statement (13 CFR 146.110). SBA's page ties Form 1846 to its SBIC program, and SOP 50 10 8.1 does not list it.

When it is used

With the submission that starts agency review, when your lender or SBA requires it.

What it asks

• A statement, to the best of your knowledge, about money paid to influence federal officials or Congress on the guarantee.
• A promise to file Standard Form LLL, Disclosure of Lobbying Activities, if any funds have been or will be paid for that purpose.
• Your signature, the date, and your name and title.

A filled-in example

This example is made up. Sample Bakery LLC, the people, the lender and every figure are fictional, and the ID numbers are zeros. It shows what finished entries look like, using the form's own field names.

An example only. Use your own facts on the real form, and check that your copy is the edition named above.

Common mistakes

• Assuming every SBA loan needs one. The regulation's line is $150,000. SBA's page lists only the SBIC program, and Appendix 1 of SOP 50 10 8.1 omits the form.
• Assuming no lender will ask. Whether a 7(a) lender requests it varies by lender.
• Signing without checking who was paid. If lobbying payments exist, you must also file Standard Form LLL (13 CFR 146.100(e)).
• Relying on the printed penalty. The form prints $10,000 to $100,000. For a missed disclosure form, 13 CFR 146.400(b) now sets $25,132 to $251,322.