{"id":12414,"date":"2010-10-13T21:10:51","date_gmt":"2010-10-14T01:10:51","guid":{"rendered":"https:\/\/www.certitrek.com\/nebb\/small-business-administration-changes\/"},"modified":"2022-12-29T06:35:03","modified_gmt":"2022-12-29T11:35:03","slug":"small-business-administration-changes","status":"publish","type":"post","link":"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/","title":{"rendered":"Small Business Administration Changes"},"content":{"rendered":"<div class=\"fusion-fullwidth fullwidth-box fusion-builder-row-1 fusion-flex-container nonhundred-percent-fullwidth non-hundred-percent-height-scrolling\" style=\"--awb-border-radius-top-left:0px;--awb-border-radius-top-right:0px;--awb-border-radius-bottom-right:0px;--awb-border-radius-bottom-left:0px;\" ><div class=\"fusion-builder-row fusion-row fusion-flex-align-items-flex-start\" style=\"max-width:1144px;margin-left: calc(-4% \/ 2 );margin-right: calc(-4% \/ 2 );\"><div class=\"fusion-layout-column fusion_builder_column fusion-builder-column-0 fusion_builder_column_1_1 1_1 fusion-flex-column\" style=\"--awb-bg-size:cover;--awb-width-large:100%;--awb-margin-top-large:0px;--awb-spacing-right-large:1.92%;--awb-margin-bottom-large:0px;--awb-spacing-left-large:1.92%;--awb-width-medium:100%;--awb-spacing-right-medium:1.92%;--awb-spacing-left-medium:1.92%;--awb-width-small:100%;--awb-spacing-right-small:1.92%;--awb-spacing-left-small:1.92%;\"><div class=\"fusion-column-wrapper fusion-flex-justify-content-flex-start fusion-content-layout-column\"><div class=\"fusion-text fusion-text-1\"><p>At the first of this month, changes to the Small Business Administration\u2019s (SBA) 501 10 (c) went into effect. These changes affect SBA loans that involve a change of ownership of fixed assets. Some of the changes are specific to business valuations, but others involve machinery and equipment appraisals. Since these are the ones that could affect Certified Machinery and Equipment Appraisers (CMEAs) and NEBBI members, we wanted to list them here. As of October 1, 2010, when affected fixed assets change hands, the following will apply.<\/p>\n<ul>\n<li>If the fixed assets are given a value other than depreciated net book value, an equipment appraisal must be ordered.<\/li>\n<li>The <a href=\"http:\/\/www.presentvaluellc.com\/valuationexperts\/2010\/09\/21\/who-needs-a-certified-machinery-and-equipment-appraisal\/\">equipment appraisal<\/a> can only be performed by a qualified individual.<\/li>\n<\/ul>\n<p>This is good news for qualified appraisers. Have you been <a href=\"https:\/\/nebbinstitute.wordpress.com\/2010\/08\/26\/nebb-institute%e2%80%99s-comprehensive-cmea-training\/\">certified<\/a> through the NEBB Institute yet? If not, <a href=\"http:\/\/nebbi.org\/contact\/\">contact us<\/a> today!<\/p>\n<p>The <a href=\"https:\/\/www.certitrek.com\/nebb\/\">NEBB Institute<\/a> endorses and strives to observe the highest standards of professional ethics to preserve the public trust inherent in the professional appraisal practice. The Institute provides initial and monthly comprehensive education, ongoing support, and a dynamic international network, and certifies professionals in the art of machinery\/equipment appraisal and brokerage.<\/p>\n<p>By: <span style=\"text-decoration: underline\"><a href=\"http:\/\/www.nebbinstitute.org\/\">NEBB Institute<\/a><\/span><\/p>\n<\/div><\/div><\/div><\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>At the first of this month, changes to the Small Business Administration\u2019s (SBA) 501 10 (c) went into effect. These changes affect SBA loans that involve a change of ownership of fixed assets. Some of the changes are specific to business valuations, but others involve machinery and equipment appraisals. Since these are the ones that [&#8230;]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[78,98,111],"class_list":["post-12414","post","type-post","status-publish","format-standard","hentry","category-uncategorized","tag-machinery-equipment-appraisal","tag-machinery-and-equipment-appraisal","tag-sba-changes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.13 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Small Business Administration Changes - NEBB Institute<\/title>\n<meta name=\"description\" content=\"Changes to the Small Business Administration\u2019s (SBA) 501 10 (c) went into effect. These changes affect SBA loans that involve a change of ownership of fixed assets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Small Business Administration Changes - NEBB Institute\" \/>\n<meta property=\"og:description\" content=\"Changes to the Small Business Administration\u2019s (SBA) 501 10 (c) went into effect. These changes affect SBA loans that involve a change of ownership of fixed assets.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/\" \/>\n<meta property=\"og:site_name\" content=\"NEBB\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/NextLevelPurchasing\/\" \/>\n<meta property=\"article:published_time\" content=\"2010-10-14T01:10:51+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-29T11:35:03+00:00\" \/>\n<meta name=\"author\" content=\"Galo Matagay\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:site\" content=\"@nextlevelpurch\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Galo Matagay\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/\"},\"author\":{\"name\":\"Galo Matagay\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#\/schema\/person\/72d094fab77892483dfa6e061cb27eaa\"},\"headline\":\"Small Business Administration Changes\",\"datePublished\":\"2010-10-14T01:10:51+00:00\",\"dateModified\":\"2022-12-29T11:35:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/\"},\"wordCount\":366,\"publisher\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#organization\"},\"keywords\":[\"Machinery &amp; Equipment Appraisal\",\"machinery and equipment appraisal\",\"SBA Changes\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/\",\"url\":\"https:\/\/www.certitrek.com\/nebbinstitute\/blog\/small-business-administration-changes\/\",\"name\":\"Small Business Administration Changes - NEBB Institute\",\"isPartOf\":{\"@id\":\"https:\/\/www.certitrek.com\/nebbinstitute\/#website\"},\"datePublished\":\"2010-10-14T01:10:51+00:00\",\"dateModified\":\"2022-12-29T11:35:03+00:00\",\"description\":\"Changes to the Small Business Administration\u2019s (SBA) 501 10 (c) went into effect. 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