Certified Development Company (CDC) Annual Report Guide

CDCs must submit an Annual Report on their operations to the SBA, per 13 CFR §§ 120.826 and 120.830. Reports must be prepared in accordance with these regulations, SOP 50 10, and this guide’s instructions. SBA Form 1253 standardizes the annual reporting process for CDCs, enabling the SBA to monitor operational performance, job creation, and adherence to program standards. 

The Annual Report must include all required documents, signatures, and attachments and comply with this guide’s instructions. Incomplete or unacceptable reports will be returned to the CDC, in full or in-part, and the CDC will be considered to have not fulfilled the requirement. Failure to submit the Annual Report by the deadline may result in supervisory or enforcement actions. 

Deadline: The Annual Report must be submitted within 180 calendar days after the CDC’s fiscal year-end.

Submission Methods: CDCs must submit an Annual Report via one of the following two methods: 

• CDC Online (Recommended): The Annual Report should be submitted through the Corporate Governance Repository, which is located on the Capital Access Financial System under the CDC Online function. The Corporate Governance Repository does not have email size limitations and documents submitted are accessible by multiple SBA Offices.
• Email: The Annual Report may also be submitted by emailing the Office of Credit Risk Management at cdcannualreports@sba.gov. CDCs may need to separate the electronic file into multiple attachments to avoid SBA email size limitations.

Questions: Please direct all questions regarding CDC Annual Reporting to cdcannualreports@sba.gov.