CDC Best Practices Guidance - Jobs Created and Retained Reporting
… comply with the required Job Opportunity minimum averages. SBA Form 1253 (Annual Report Guide) defines “Jobs Created” as … employment created within two years of financing. SBA Form 1253 defines “Jobs Retained” as jobs that otherwise … retained if they were not at risk of being lost. To allow SBA to monitor and manage this core objective of the 504 Loan …