# SBA Form 159

URL: https://pdf.net/pdf-forms/business-forms/sba-form-159
Category: Business Forms
Attributes: Trusted by accountants, Official IRS form

SBA Form 159 is used to identify the agents who assisted you in submitting your Small Business Administration (SBA) loan application and report the compensation they received.

The fillable SBA Form 159 is available in our **PDF Forms** hub, like all other similar documents. From here, you can simply click on it to open it and begin filling it out in our editor.

## Versions

- 2021 — [download PDF](https://cdn.sanity.io/files/i16te7yp/production/602a99f886c8d8d3466b2835f82f5d02b4609fdc.pdf)

## How to Fill Out SBA Form 159

Step 1: Open SBA Form 159 in our PDF editor.

Step 2: Complete the information about the loan, the agent, and the lender.

Step 3: Include details about the amounts paid by the applicant and the SBA lender, according to the SBA Form 159 instructions.

Step 4: Have the document signed and dated by the applicant, the agent, and the SBA lender.

Step 5: Send it to the lender, who must file it electronically with the SBA.

## Facts

### What Is SBA Form 159 Used For?

SBA Form 159 is a document that reports exactly who helped you complete and submit your application for an applicable SBA loan and how much you compensated them for their services. This is done to ensure that the agents can’t overcharge you for their assistance.

### Who Should Use SBA Form 159?

SBA Form 159 is used by individuals who apply for SBA loans and use the services of agents to fill out and submit the necessary applications. The form must be completed and signed by three parties: the applicant, the agent, and the SBA lender.

### When Is the SBA Form 159 Due?

The SBA Form 159 is due when you submit the initial loan application, as the two should be sent in together.

### What Happens If SBA Form 159 Is Not Submitted?

If SBA Form 159 isn’t submitted, the lender can be subject to civil or criminal penalties, including fines and imprisonment. Furthermore, the loan may be subject to default, which may lead to other consequences for the lender and the applicant.

### How and Where Do I File SBA Form 159?

You should file SBA Form 159 with the SBA using the Capital Access Financial System (CAFS), the SBA’s electronic submission portal. Of course, first you must log in using your email address or user ID.

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- [Personal Financial Statement Form](https://pdf.net/pdf-forms/financial-forms/personal-financial-statement)
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