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ARTICLE · 08 NOVEMBER 2011

Updated Requirements To SBA Form 468 Ease Burden On SBIC Funds

McGuireWoods LLP
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After having increased reporting and disclosure obligations of Small Business Investment Company (SBIC) Funds on the annual report Form 468 earlier this year, the U.S. Small Business Administration (SBA) recently eased some of the burden associated with completing the form by providing additional options and greater flexibility.

United StatesStrategy
Mark Kromkowski
Mark Kromkowski
Bryan Bylica
Bryan Bylica
Geoffrey Cockrell
Geoffrey Cockrell
Allison Gott
Allison Gott
Charles Cavallo III
Charles Cavallo III

After having increased reporting and disclosure obligations of Small Business Investment Company (SBIC) Funds on the annual report Form 468 earlier this year, the U.S. Small Business Administration (SBA) recently eased some of the burden associated with completing the form by providing additional options and greater flexibility.

SBA Form 468 must be submitted annually by SBIC Funds, and SBA may intermittently request an updated Form 468 at any time from SBIC Funds. Form 468 requires disclosure of financial information relating to SBIC Funds' portfolio companies and is intended to aid SBA in evaluating the performance of those companies and the economic impact of SBIC Funds' investing activity.

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