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how will an appraisal affect SBA loan?

The SBA lender said there will be an appraisal and environmental report. The sellers are very stubborn about the offer they accepted for 1.1 (apparently they wanted more like 1.6 but everyone agrees they would have never gotten that). They were very reluctant to accept my offer of 1.1. My financing is through an SBA lender. If the appraisal comes in at 900 or 1m, will they have no choice but to lower to that price? I will not have the funds to make up the difference, as any savings I have will need to go into the business and carry the mortgage while I get this location up and running.

submitted by /u/cutefuzzythings
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source https://www.reddit.com/r/RealEstate/comments/xk44m2/how_will_an_appraisal_affect_sba_loan/

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