SBA Loans: Valuation Requirements
The Small Business Jobs Act approved in September 2010 provided the SBA with enough funding to support $14 billion in lending to small businesses. The Act also permanently increased loan limits from $2 million to $5 million making SBA-backed loans a key source of capital for small business owners. LBMC is going to host an informational meeting and networking hour to discuss business valuation requirements for certain SBA-backed loans. The meeting and networking opportunity will be in late February or early March in Nashville, Knoxville and Chattanooga. We will be discussing the following:
• SBA's business valuation requirements set forth in SOP 50 10 5(c) including the loans that require a business valuation
• Definition of a qualified business appraiser
• Types of business valuation engagements and reports that the lender may consider
• Questions and answers
• Of course, a plug for LBMC's business valuation services
Please e-mail (clovin@lbmc.com) or call (615.309.2264) to let me know if you would like to be added to the invitation list.
Tags: 
My name is Christopher M. Lovin (“Chris”), CPA/ABV/CFF, CFE. My professional expertise is in forensic accounting (e.g. calculations of economic damages and embezzlement cases) and the valuation of businesses and intangible assets. I may also talk about Tennessee and SEC collegiate sports. Feel free to comment on any post to get the conversation rolling! If you have specific questions, click here to contact me directly.
