SBA SOP 50 10 8, App3.1.1 — Accredited Senior Appraiser (ASA) accredited through the American Society of
Verbatim text of SBA SOP 50 10 8 section App3.1.1 (Accredited Senior Appraiser (ASA) accredited through the American Society of), effective 2025-06-01. 1 provision(s) quoted from the SOP PDF. SBA's own document page serves superseded editions, and the SOP is further amended by policy notices — read this with the notices that touch it.
Verbatim regulatory text
Verbatim provisions from SBA SOP 50 10 8, App3.1.1 — Accredited Senior Appraiser (ASA) accredited through the American Society of — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
SOP 50 10 8 App3.1.1
1. Accredited Senior Appraiser (ASA) accredited through the American Society of Appraisers; 2. Certified Business Appraiser (CBA) accredited through the Institute of Business Appraisers; 3. Accredited in Business Valuation (ABV) accredited through the American Institute of Certified Public Accountants; 4. Certified Valuation Analyst (CVA) accredited through the National Association of Certified Valuation Analysts; and 5. Business Certified Appraiser (BCA) accredited through the International Society of Business Appraisers. Referral Agent: (13 CFR § 103.1(f)) A person or entity who identifies and refers an Applicant to a lender or a lender to an Applicant. The Referral Agent may be employed and compensated by either an Applicant or a lender. Registered Holder: (13 CFR § 120.600 7(a)) The Certificate owner listed in FTA’s records. Rentable Property: (13 CFR § 120.10 7(a) and 504) The total square footage of all buildings or facilities used for business operations. Risk Rating: (13 CFR § 120.10 7(a) and 504) An SBA internal composite rating assigned to individual SBA Lenders or Intermediaries that reflects the risk associated with the SBA Lender's or Intermediary's portfolio of SBA Loans. Risk Ratings currently range from one to five, with one representing the least risk and five representing the most risk and may be revised by SBA from time to time as published in the Federal Register through notice and comment. Rural Area: 7(a) and 504: An area located in a county that the US Census Bureau has defined as at least 30 percent rural. The Census Bureau’s urban-rural classification and the Census Bureau’s County Classification Lookup Table can be found here: Urban and Rural (census.gov). SBA Assistance: (13 CFR § 105.201 7(a) and 504) Financial, contractual, grant, managerial or other aid, including size determinations, section 8(a) participation, licensing, certification, and other eligibility determinations made by SBA. The term also includes an express decision to compromise or defer possible litigation or other adverse action. SBA Lender: (13 CFR § 120.10 7(a) and 504) A 7(a) Lender or a CDC. This term includes SBA Supervised Lenders. SBA Loan: The full amount of the 7(a) loan or the Gross Debenture amount of the 504 loan. SBA Region: SBA divides the United States and its territories into 10 regions numbered 1-10. SBA Regional Offices support SBA District Offices and promote economic development growth and competitiveness within their geographic areas. SBA Supervised Lender: (13 CFR § 120.10 7(a)) A 7(a) Lender that is either a Small Business Lending Company or a NFRL. SBA’s Secondary Market Program Guide: (13 CFR § 120.600 7(a)) An issuance from SBA which describes the characteristics of Secondary Market transactions. Appendix 3: Definitions Securitization: (13 CFR § 120.420 7(a)) A “securitization” is the pooling and sale of the unguaranteed portion of SBA-guaranteed loans to a trust, special purpose vehicle, or other mechanism, and the issuance of securities backed by those loans to investors in either a private placement or public offering. Service Provider: (13 CFR § 120.10 7(a) and 504) An entity that contracts with a Lender or CDC to perform management, marketing, legal or other services. Small Business Lending Company (SBLC): (13 CFR § 120.10 7(a)) A nondepository lending institution that is SBA licensed and is authorized by SBA to make loans pursuant to section 7(a) of the Small Business Act and loans to Intermediaries in SBA's Microloan program. SBA accepts applications for SBLCs from time to time as published in the Federal Register. SOP: (13 CFR § 120.10 7(a) and 504) SBA Standard Operating Procedures, as issued and revised by SBA from time to time. SOPs are publicly available on SBA's Web site at www.sba.gov/document/. Special Geographic Areas: (504) include Alaska, Hawaii, State-designated Enterprise Zones, Empowerment Zones, Enterprise Communities, Opportunity Zones, and Labor Surplus Areas. (An “Opportunity Zone” is an economically distressed community that has been nominated by the State and certified by the Secretary of the U.S. Treasury as a community in which new investments, under certain conditions, may be eligible for preferential tax treatment.) Special Government Employee: (13 CFR § 105.201 7(a) and 504) means an officer or employee of SBA, who is retained, appointed or employed to perform temporary duties on a full- time or intermittent basis, with or without compensation, for not to exceed 130 days during any period of 365 consecutive days. Standard 7(a) Loans: Are 7(a) Loans that are greater than $350,000. Standard 7(a) Loans exclude: 7(a) Small, SBA Express, Export Express, CAPLines, Export Working Capital Program (EWCP), International Trade loans, and Pilot Program loans. Start-Up Business: (7(a)) a business is a Start-Up Business if it has been in operation (i.e., generating revenue from intended operations) for 1 year or less; Supplemental Guarantor: (7(a)) A person or entity that a Lender requires to provide a guaranty out of an abundance of caution and that is not otherwise required by SBA Loan Program Requirements to provide a guaranty. A non-owner spouse who is required to provide a limited guaranty in order to secure a lien on jointly owned personal real estate is not a Supplemental Guarantor, because in this case the guaranty is mandatory. Third Party Lender: (504) usually a financial institution that provides the Third Party Loan and typically has a first lien on the project collateral. SBA does not permit the CDC to be the Third Party Lender on Projects financed by the CDC. Third Party Loan: (13 CFR § 120.802 504) A loan from a commercial or private lender, investor, or Federal (non-SBA), State or local government source that is part of the Project financing. Underwriter: (13 CFR § 120.802 504) An entity approved by SBA to form Debenture Pools and arrange for the sale of Certificates Appendix 3: Definitions Veteran: (7(a) and 504) (Title 38, Section 101(2), (10), & (18) 7(a) and 504): A person who served in the active military, naval, or air service (i.e., the United States Army, Navy, Marine Corps, Air Force, and Coast Guard, including the reserve components thereof), and who was discharged or released therefrom under conditions other than dishonorable. The term “discharge or release” includes (A) retirement from the active military, naval, or air service, and (B) the satisfactory completion of the period of active military, naval, or air service for which a person was obligated at the time of entry into such service, or, in the case of a person who, due to enlistment or reenlistment, was not awarded a discharge or release from such period of service at the time of such completion thereof and who, at such time, would otherwise have been eligible for the award of a discharge or release under conditions other than dishonorable. Appendix 4: Definitions - Environmental
Operationalizing SBA SOP 50 10 8, App3.1.1 — Accredited Senior Appraiser (ASA) accredited through the American Society of
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