{"ok":true,"canonical_url":"https://dealroom.so/glossary/uspap","api_url":"https://dealroom.so/api/public/glossary/uspap","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-15","timezone":"America/Chicago"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"term":{"slug":"uspap","term":"USPAP","aka":"Uniform Standards of Professional Appraisal Practice","group":"Reading the business","definition":"These are the widely accepted quality control standards for professional appraisals in the United States. They ensure appraisals are unbiased and reliable.","what_it_means":"When an appraisal is required for an SBA loan (e.g., for real estate or business valuation), it must be conducted by a USPAP-compliant appraiser. This ensures the valuation is credible and meets SBA requirements, which is crucial for determining the collateral value and loan amount.","url":"https://dealroom.so/glossary/uspap","official_sources":[{"slug":"13-cfr-part-120","title":"13 CFR Part 120 — Business Loans","official_url":"https://www.ecfr.gov/current/title-13/chapter-I/part-120","official_label":"View on eCFR","authority_tier":1,"publisher":"Office of the Federal Register","source_guide_url":"https://dealroom.so/sba-7a/sources/13-cfr-part-120"},{"slug":"sop-50-10","title":"SOP 50 10 — Lender and Development Company Loan Programs","official_url":"https://www.sba.gov/document/sop-50-10-lender-development-company-loan-programs","official_label":"View on SBA.gov","authority_tier":2,"publisher":"U.S. Small Business Administration","source_guide_url":"https://dealroom.so/sba-7a/sources/sop-50-10"}],"related":[{"slug":"appraisal","term":"Appraisal","url":"https://dealroom.so/glossary/appraisal"},{"slug":"commercial-real-estate-appraisal","term":"Commercial real estate appraisal","url":"https://dealroom.so/glossary/commercial-real-estate-appraisal"},{"slug":"business-valuation","term":"Business valuation","url":"https://dealroom.so/glossary/business-valuation"},{"slug":"appraiser","term":"Appraiser","url":"https://dealroom.so/glossary/appraiser"}],"related_questions":[]},"caveats":["Definitions represent DealRoom's plain-English interpretation for buyers; verify regulatory terms against the official SBA and eCFR sources listed.","Not legal, tax, or financial advice, and not an SBA eligibility determination."],"citation":{"label":"DealRoom.so Glossary — USPAP","url":"https://dealroom.so/glossary/uspap","source_type":"DealRoom Data"}}