Recent SBA loan rule—and activity--increases BV work

“During the week of December 12th, 2010, the SBA approved almost $1.5 billion in Small Business Jobs Act loans, representing the highest weekly volume since the agency began tracking loan data,” Scott Gabehart, CBA tells BVR.   “This should generate a healthy increase in SBA loans requiring business valuations over the course of 2011,” he believes. The increased loan activity is one factor; a second is the SBA’s requirement that loans that involve a change in ownership and more than $250,000 of goodwill have business valuations from certified appraisers.