SBA 7(a) Q&A
Short answer
An independent business valuation for a $1.5 million acquisition typically takes 3 to 6 weeks, depending on the complexity of the business and the appraiser's workload.
For acquisitions over $500,000, the SBA requires an independent business valuation performed by a qualified appraiser. This process involves gathering extensive financial and operational data, analyzing the market, and preparing a detailed report. The timeline can vary based on the appraiser's availability and the completeness of information provided.
For a $1.5 million acquisition, the buyer engages an appraiser who estimates a 4-week turnaround. Providing all requested financial documents promptly ensures the valuation is completed within that timeframe.
Insider move
Lenders rely on the valuation to justify the purchase price and ensure prudent lending. Delays in obtaining the valuation or issues with its quality can hold up the entire loan process. Lenders often have a list of approved appraisers.
13 CFR Part 120 — Business Loans
Office of the Federal Register · Federal regulation
SOP 50 10 - Lender and Development Company Loan Programs
Last checked 2026-06-14. Official sources control — verify before relying on any rule for a live deal.
Last reviewed 2026-06-14 · SBA sources checked through 2026-06-14. DealRoom analysis of public SBA 7(a) lending records (FY2020–present). Grounded in the current SBA rulebook; verify against the official sources above before relying on it for a live deal. Not legal, tax, or financial advice, and not an approval decision.
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