[Appendix]
[Detailed Budget Estimates by Agency]
[Small Business Administration]
[From the U.S. Government Printing Office, www.gpo.gov]



   
      
      
         SMALL BUSINESS ADMINISTRATION                                                                                            
            
         
      
      
   
   
      SMALL BUSINESS ADMINISTRATION                                                                                            
         
      
      Federal Funds
         Salaries and ExpensesFor necessary expenses, not otherwise provided for, of the Small Business Administration as authorized by Public Law 108â447,
         including hire of passenger motor vehicles as authorized by 31 U.S.C. 1343 and 1344, and not to exceed $3,500 for official
         reception and representation expenses, [$417,348,000] $423,577,000: Provided, That the Administrator is authorized to charge fees to cover the cost of publications developed by the Small Business Administration,
         and certain loan program activities, including fees authorized by section 5(b) of the Small Business Act: Provided further, That, notwithstanding 31 U.S.C. 3302, revenues received from all such activities shall be credited to this account, to remain
         available until expended, for carrying out these purposes without further appropriations: Provided further, That the Small Business Administration may accept gifts in an amount not to exceed $4,000,000 and may co-sponsor activities,
         each in accordance with section 132(a) of division K of Public Law 108â447, during fiscal year [2012] 2013: Provided further, That [$112,500,000] $101,093,000 shall be available to fund grants for performance in fiscal year [2012] 2013 or fiscal year [2013] 2014 as authorized by section 21 of the Small Business Act, to remain available until September 30, [2013] 2014: Provided further, That [$20,000,000] $19,760,000 shall remain available until September 30, [2013] 2014 for marketing, management, and technical assistance under section 7(m) of the Small Business Act (15 U.S.C. 636(m)(4)) by
         intermediaries that make microloans under the microloan program: Provided further, That $7,100,000 shall be available for the Loan Modernization and Accounting System, to be available until September 30,
         [2013] 2014[: Provided further, That $2,000,000 shall be for the Federal and State Technology Partnership Program under section 34 of the Small Business
         Act (15 U.S.C. 657d)].   (Financial Services and General Government Appropriations Act, 2012.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0100â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Executive direction
                  83
                  77
                  76
               
               
                  0002
                  Capital Access
                  88
                  95
                  86
               
               
                  0003
                  Gov. Contracting/ Bus. Development
                  26
                  26
                  26
               
               
                  0004
                  Entrepreneurial Development
                  8
                  18
                  18
               
               
                  0005
                  Management & Adminstration
                  26
                  30
                  26
               
               
                  0006
                  Office of Chief Information Officer
                  46
                  46
                  46
               
               
                  0007
                  Regional & district offices
                  106
                  108
                  104
               
               
                  0008
                  Agency wide costs
                  45
                  52
                  53
               
               
                  0009
                  Non credit programs
                  282
                  208
                  159
               
               
                  0010
                  Congressional initiaives
                  11
                  
                  
               
               
                  0012
                  Disaster
                  200
                  201
                  167
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  921
                  861
                  761
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  220
                  175
                  10
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  9
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  229
                  175
                  10
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  433
                  417
                  424
               
               
                  1130
                  Appropriations permanently reduced
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  432
                  417
                  424
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  286
                  116
                  167
               
               
                  1700
                  Collected
                  153
                  163
                  160
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  439
                  279
                  327
               
               
                  1900
                  Budget authority (total)
                  871
                  696
                  751
               
               
                  1930
                  Total budgetary resources available
                  1,100
                  871
                  761
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â4
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  175
                  10
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  439
                  494
                  539
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  921
                  861
                  761
               
               
                  3031
                  Obligations incurred, expired accounts
                  11
                  
                  
               
               
                  3040
                  Outlays (gross)
                  â849
                  â816
                  â909
               
               
                  3080
                  Recoveries of prior year unpaid obligations, unexpired
                  â9
                  
                  
               
               
                  3081
                  Recoveries of prior year unpaid obligations, expired
                  â19
                  
                  
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  494
                  539
                  391
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  494
                  539
                  391
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  871
                  696
                  751
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  545
                  438
                  478
               
               
                  4011
                  Outlays from discretionary balances
                  304
                  378
                  431
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  849
                  816
                  909
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â427
                  â265
                  â313
               
               
                  4033
                  Non-Federal sources
                  â15
                  â14
                  â14
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  â442
                  â279
                  â327
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4052
                  Offsetting collections credited to expired accounts
                  3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  432
                  417
                  424
               
               
                  4080
                  Outlays, net (discretionary)
                  407
                  537
                  582
               
               
                  4180
                  Budget authority, net (total)
                  432
                  417
                  424
               
               
                  4190
                  Outlays, net (total)
                  407
                  537
                  582
               
               
                  
                     
                  
               
            
         
      
      
         This account funds the administrative expenses of SBA headquarters and field office operations.  Appropriations for the administration
            of the disaster and business loan programs are merged with this account.  The 2013 Budget provides funding for the continued
            development of a revised loan management accounting system, which will improve oversight of SBA's more than $99 billion portfolio
            of loans and loan guarantees.  Funding is also requested for core agency activities, including information technology investments
            and human capital development.  In addition, this account funds non-credit business assistance grant programs.  The 2013 Budget
            includes funds for SBA's regional clusters initiative.  
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0100â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  205
                  199
                  201
               
               
                  11.3
                  Other than full-time permanent
                  10
                  10
                  10
               
               
                  11.5
                  Other personnel compensation
                  4
                  4
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  219
                  213
                  215
               
               
                  12.1
                  Civilian personnel benefits
                  59
                  57
                  58
               
               
                  21.0
                  Travel and transportation of persons
                  7
                  7
                  7
               
               
                  23.1
                  Rental payments to GSA
                  32
                  35
                  40
               
               
                  23.3
                  Communications, utilities, and miscellaneous charges
                  8
                  9
                  8
               
               
                  24.0
                  Printing and reproduction
                  1
                  3
                  4
               
               
                  25.2
                  Other services from non-Federal sources
                  108
                  117
                  103
               
               
                  25.3
                  Other purchases of goods and services from Government accounts (Disaster Administrative Expenses)
                  200
                  201
                  167
               
               
                  26.0
                  Supplies and materials
                  3
                  5
                  5
               
               
                  31.0
                  Equipment
                  3
                  5
                  5
               
               
                  41.0
                  Grants, subsidies, and contributions
                  281
                  208
                  148
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  921
                  860
                  760
               
               
                  99.0
                  Reimbursable obligations
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  921
                  861
                  761
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0100â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  3,316
                  3,202
                  3,202
               
               
                  
                     
                  
               
            
         
      
         Office of Inspector GeneralFor necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978,
         [$16,267,000] $19,400,000. (Financial Services and General Government Appropriations Act, 2012.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0200â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Audit
                  8
                  8
                  9
               
               
                  0002
                  Investigations
                  10
                  10
                  11
               
               
                  0003
                  Management policy
                  1
                  1
                  2
               
               
                  0004
                  General Office/Legal Counsel
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  20
                  20
                  23
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  13
                  10
                  7
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  16
                  16
                  19
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  16
                  16
                  19
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  1
                  1
                  1
               
               
                  1900
                  Budget authority (total)
                  17
                  17
                  20
               
               
                  1930
                  Total budgetary resources available
                  30
                  27
                  27
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  10
                  7
                  4
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  3
                  3
                  2
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  20
                  20
                  23
               
               
                  3040
                  Outlays (gross)
                  â20
                  â21
                  â23
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  3
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  3
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  17
                  17
                  20
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  16
                  15
                  18
               
               
                  4011
                  Outlays from discretionary balances
                  4
                  6
                  5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  20
                  21
                  23
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â1
                  â1
                  â1
               
               
                  4180
                  Budget authority, net (total)
                  16
                  16
                  19
               
               
                  4190
                  Outlays, net (total)
                  19
                  20
                  22
               
               
                  
                     
                  
               
            
         
      
      
         The 2013 Budget proposes $19.4 million in new budget authority and $1.0 million transferred from the Disaster Loans Program
            account for a total of $20.4 million for the Office of Inspector General (OIG). This appropriation provides funds for agency-wide
            audit, investigative, and related functions to promote economy and efficiency in SBA operations and to prevent and detect
            waste, fraud, and abuse.  In addition, the passage of the American Recovery and Reinvestment Act of 2009 provided an additional
            $10 million, available from 2009 through 2013, for oversight and audit of SBA Recovery Act programs, grants, and projects.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0200â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  11
                  11
                  13
               
               
                  11.5
                  Other personnel compensation
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  12
                  12
                  14
               
               
                  12.1
                  Civilian personnel benefits
                  4
                  4
                  4
               
               
                  25.2
                  Other services
                  3
                  3
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  19
                  19
                  22
               
               
                  99.0
                  Reimbursable obligations
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  20
                  20
                  23
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0200â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  110
                  120
                  120
               
               
                  
                     
                  
               
            
         
      
         Office of AdvocacyFor necessary expenses of the Office of Advocacy in carrying out the provisions of title II of Public Law 94â305 (15 U.S.C.
         634a et seq.) and the Regulatory Flexibility Act of 1980 (5 U.S.C. 601 et seq.), [$9,120,000] $8,900,000, to remain available until expended. (Financial Services and General Government Appropriations Act, 2012.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0300â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Direct program activity
                  
                  9
                  9
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  
                  9
                  9
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  
                  9
                  9
               
               
                  1930
                  Total budgetary resources available
                  
                  9
                  9
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  
                  9
                  9
               
               
                  3040
                  Outlays (gross)
                  
                  â9
                  â8
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  
                  
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  
                  
                  1
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  
                  9
                  9
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  
                  8
                  8
               
               
                  4011
                  Outlays from discretionary balances
                  
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  
                  9
                  8
               
               
                  4180
                  Budget authority, net (total)
                  
                  9
                  9
               
               
                  4190
                  Outlays, net (total)
                  
                  9
                  8
               
               
                  
                     
                  
               
            
         
      
      
         The 2013 Budget proposes $8.9 million in new budget authority. This appropriation provides funds for operations of the Office
            of Advocacy, in accordance with the Small Business Jobs Act of 2010 (P.L. 111â240).  Pursuant to Section 1602 of the Jobs
            Act, SBA is requesting that the funds remain available, without fiscal year limitation, until expended.
         
         The Office of Advocacy's advice and small business research help the Federal Government take into account the concerns of
            small businesses when it develops policies and regulations.  The Office's regional advocates support regulatory flexibility
            at the State level, work with the regional Regulatory Fairness Boards established by the Small Business Regulatory Enforcement
            Fairness Act, and promote the use of Advocacy research and data products in the curricula of universities and other schools
            in their respective regions.  
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0300â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  
                  5
                  5
               
               
                  12.1
                  Civilian personnel benefits
                  
                  2
                  2
               
               
                  25.2
                  Other services from non-Federal sources
                  
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  
                  9
                  9
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0300â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  
                  46
                  46
               
               
                  
                     
                  
               
            
         
      
         Surety Bond Guarantees Revolving Fund                                                                                    
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4156â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0801
                  Reimbursable obligations
                  7
                  8
                  9
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations (object class 42.0)
                  7
                  8
                  9
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  56
                  59
                  59
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  10
                  8
                  9
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  10
                  8
                  9
               
               
                  1900
                  Budget authority (total)
                  10
                  8
                  9
               
               
                  1930
                  Total budgetary resources available
                  66
                  67
                  68
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  59
                  59
                  59
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  7
                  8
                  9
               
               
                  3040
                  Outlays (gross)
                  â7
                  â8
                  â9
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  10
                  8
                  9
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  6
                  8
                  9
               
               
                  4011
                  Outlays from discretionary balances
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  7
                  8
                  9
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â10
                  â8
                  â9
               
               
                  4190
                  Outlays, net (total)
                  â3
                  
                  
               
               
                  
                     
                  
               
            
         
      
      Summary of Budget Authority and Outlays (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  Enacted/requested:
               
               
                  
                  Outlays
                  â3
                  
                  
               
               
                  Legislative proposal, subject to PAYGO:
               
               
                  
                  Budget Authority
                  
                  3
                  
               
               
                  
                  Outlays
                  
                  1
                  1
               
               
                  Total:
               
               
                  
                  Budget Authority
                  
                  3
                  
               
               
                  
                  Outlays
                  â3
                  1
                  1
               
               
                  
                     
                  
               
            
         
      
      
         SBA is authorized to issue bond guarantees to surety companies for construction, service, and supply contracts or work orders,
            and to reimburse these sureties up to 90 percent of the losses sustained if the contractor defaults.  SBA's guarantees provide
            an incentive for sureties to issue bonds to small contractors who could not otherwise secure them and compete in the contracting
            industry.  The American Jobs Act (AJA) includes a proposal to increase the maximum size of surety bond loan guarantees from
            $2 million to $5 million, to enable small businesses to better compete for and win contracting opportunities.  Three million
            dollars are requested in the AJA for that purpose.  Aside from that proposal, it is estimated that there are sufficient funds
            in reserve to cover the cost of claim defaults in 2013.  Therefore, no new appropriated funds are requested in the Budget.
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4156â0â3â376
                  2010 actual
                  2011 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  56
                  59
               
               
                  
                  Investments in US securities:
               
               
                  1106
                  Receivables, net
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  57
                  60
               
               
                  
                  LIABILITIES:
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  20
                  21
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  37
                  39
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  57
                  60
               
               
                  
                     
                  
               
            
         
      
         Surety Bond Guarantees Revolving Fund                                                                                    
            
         
         (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4156â4â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Direct program activity
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations (object class 41.0)
                  
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  
                  
                  2
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  
                  3
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  
                  3
                  
               
               
                  1930
                  Total budgetary resources available
                  
                  3
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  
                  2
                  1
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  
                  1
                  1
               
               
                  3040
                  Outlays (gross)
                  
                  â1
                  â1
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  
                  3
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  1
                  
               
               
                  4101
                  Outlays from mandatory balances
                  
                  
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  
                  1
                  1
               
               
                  4180
                  Budget authority, net (total)
                  
                  3
                  
               
               
                  4190
                  Outlays, net (total)
                  
                  1
                  1
               
               
                  
                     
                  
               
            
         
      
         Business Loans Program Account
         (including transfer of funds)For the cost of direct loans, [$3,678,000] $2,844,000, to remain available until expended, and for the cost of guaranteed loans as authorized by section 7(a) of the Small Business
         Act (Public Law 85â536) and section 503 of the Small Business Investment Act of 1958 (Public Law 85â699), [$207,100,000] $348,600,000, to remain available until expended: Provided, That such costs, including the cost of modifying such loans, shall be as defined in section 502 of the Congressional Budget
         Act of 1974: Provided further, That subject to section 502 of the Congressional Budget Act of 1974, during fiscal year [2012] 2013 commitments to guarantee loans under section 503 of the Small Business Investment Act of 1958 shall not exceed [$7,500,000,000] $6,000,000,000: Provided further, That during fiscal year [2012] 2013 commitments for general business loans authorized under section 7(a) of the Small Business Act shall not exceed [$17,500,000,000] $16,000,000,000 for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans: Provided further, That during fiscal year [2012] 2013 commitments to guarantee loans for debentures under section 303(b) of the Small Business Investment Act of 1958 shall not
         exceed $3,000,000,000: Provided further, That during fiscal year [2012] 2013, guarantees of trust certificates authorized by section 5(g) of the Small Business Act shall not exceed a principal amount
         of $12,000,000,000. In addition, for administrative expenses to carry out the direct and guaranteed loan programs, [$147,958,000] $145,060,000, which [may be transferred to and merged with] shall be paid to the appropriations for Salaries and Expenses. (Financial Services and General Government Appropriations Act, 2012.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1154â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  11
                  9
                  3
               
               
                  0702
                  Loan guarantee subsidy
                  562
                  250
                  374
               
               
                  0705
                  Reestimates of direct loan subsidy
                  4
                  3
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  4
                  2
                  
               
               
                  0707
                  Reestimates of loan guarantee subsidy
                  3,803
                  2,129
                  
               
               
                  0708
                  Interest on reestimates of loan guarantee subsidy
                  835
                  375
                  
               
               
                  0709
                  Administrative expenses
                  164
                  148
                  145
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  5,383
                  2,916
                  522
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  587
                  60
                  19
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  9
                  7
                  6
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  596
                  67
                  25
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  236
                  359
                  497
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  236
                  359
                  497
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  4,645
                  2,509
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  4,645
                  2,509
                  
               
               
                  1900
                  Budget authority (total)
                  4,881
                  2,868
                  497
               
               
                  1930
                  Total budgetary resources available
                  5,477
                  2,935
                  522
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â34
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  60
                  19
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  205
                  189
                  23
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  5,383
                  2,916
                  522
               
               
                  3040
                  Outlays (gross)
                  â5,369
                  â3,075
                  â491
               
               
                  3080
                  Recoveries of prior year unpaid obligations, unexpired
                  â9
                  â7
                  â6
               
               
                  3081
                  Recoveries of prior year unpaid obligations, expired
                  â21
                  
                  
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  189
                  23
                  48
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  189
                  23
                  48
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  236
                  359
                  497
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  200
                  341
                  472
               
               
                  4011
                  Outlays from discretionary balances
                  524
                  225
                  19
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  724
                  566
                  491
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  4,645
                  2,509
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  4,645
                  2,509
                  
               
               
                  4180
                  Budget authority, net (total)
                  4,881
                  2,868
                  497
               
               
                  4190
                  Outlays, net (total)
                  5,369
                  3,075
                  491
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1154â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  7(m) Direct Microloans
                  36
                  25
                  18
               
               
                  115011
                  Intermediary Lending Program
                  20
                  20
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  56
                  45
                  18
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  7(m) Direct Microloans
                  15.06
                  14.71
                  15.71
               
               
                  132011
                  Intermediary Lending Program
                  30.58
                  25.73
                  0.00
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  20.60
                  19.61
                  15.71
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  7(m) Direct Microloans
                  5
                  4
                  3
               
               
                  133011
                  Intermediary Lending Program
                  6
                  5
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  11
                  9
                  3
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  7(m) Direct Microloans
                  3
                  4
                  4
               
               
                  134010
                  7(m) Direct Microloans â ARRA
                  2
                  1
                  
               
               
                  134011
                  Intermediary Lending Program
                  
                  5
                  5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  5
                  10
                  9
               
               
                  
                  Direct loan upward reestimates:
               
               
                  135001
                  7(m) Direct Microloans
                  4
                  1
                  
               
               
                  135007
                  SBIC Direct Preferred Stock and Fee Loans
                  3
                  3
                  
               
               
                  135010
                  7(m) Direct Microloans â ARRA
                  1
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total upward reestimate budget authority
                  8
                  5
                  
               
               
                  
                  Direct loan downward reestimates:
               
               
                  137001
                  7(m) Direct Microloans
                  â3
                  â3
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  137999
                  Total downward reestimate budget authority
                  â3
                  â3
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215002
                  7(a) General Business Loan Guarantees
                  7,959
                  14,493
                  13,650
               
               
                  215004
                  Section 504 Certified Development Companies Debentures
                  3,219
                  7,500
                  6,000
               
               
                  215006
                  SBIC Debentures
                  1,827
                  3,000
                  3,000
               
               
                  215010
                  Secondary Market Guarantee
                  4,299
                  12,000
                  12,000
               
               
                  215015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  147
                  2,571
                  
               
               
                  215020
                  7(a) Dealer Floor Plan
                  356
                  15,337
                  15,052
               
               
                  215024
                  7(a) Revolvers
                  27,514
                  32,722
                  45,738
               
               
                  215026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  1,286
                  
                  
               
               
                  215027
                  504 Commercial Real Estate (CRE) Refinance Program
                  254
                  7,500
                  
               
               
                  215028
                  7(a) Business Loan GuaranteesâARRA Extension
                  7,549
                  
                  
               
               
                  215030
                  7(a) Revolvers-ARRA Extension
                  8,713
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  63,123
                  95,123
                  95,440
               
               
                  
                  Guaranteed loan subsidy (in percent):
               
               
                  232002
                  7(a) General Business Loan Guarantees
                  0.75
                  0.87
                  1.55
               
               
                  232004
                  Section 504 Certified Development Companies Debentures
                  0.00
                  1.09
                  2.02
               
               
                  232006
                  SBIC Debentures
                  0.00
                  0.00
                  0.00
               
               
                  232010
                  Secondary Market Guarantee
                  0.00
                  0.00
                  0.00
               
               
                  232015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  0.00
                  0.00
                  0.00
               
               
                  232020
                  7(a) Dealer Floor Plan
                  0.02
                  0.02
                  0.03
               
               
                  232024
                  7(a) Revolvers
                  0.11
                  0.12
                  0.08
               
               
                  232026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  2.18
                  0.00
                  0.00
               
               
                  232027
                  504 Commercial Real Estate (CRE) Refinance Program
                  0.00
                  0.00
                  0.00
               
               
                  232028
                  7(a) Business Loan GuaranteesâARRA Extension
                  5.68
                  0.00
                  0.00
               
               
                  232030
                  7(a) Revolvers-ARRA Extension
                  0.16
                  0.00
                  0.00
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  232999
                  Weighted average subsidy rate
                  0.89
                  0.26
                  0.39
               
               
                  
                  Guaranteed loan subsidy budget authority:
               
               
                  233002
                  7(a) General Business Loan Guarantees
                  60
                  126
                  211
               
               
                  233004
                  Section 504 Certified Development Companies Debentures
                  
                  82
                  121
               
               
                  233020
                  7(a) Dealer Floor Plan
                  
                  3
                  5
               
               
                  233024
                  7(a) Revolvers
                  30
                  39
                  37
               
               
                  233026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  28
                  
                  
               
               
                  233028
                  7(a) Business Loan GuaranteesâARRA Extension
                  429
                  
                  
               
               
                  233030
                  7(a) Revolvers-ARRA Extension
                  14
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  233999
                  Total subsidy budget authority
                  561
                  250
                  374
               
               
                  
                  Guaranteed loan subsidy outlays:
               
               
                  234002
                  7(a) General Business Loan Guarantees
                  39
                  116
                  161
               
               
                  234004
                  Section 504 Certified Development Companies Debentures
                  
                  24
                  76
               
               
                  234016
                  ARC Loan GuaranteesâARRA
                  31
                  
                  
               
               
                  234017
                  7(a) General Business Loan GuaranteesâARRA
                  12
                  3
                  1
               
               
                  234018
                  Section 504 Certified Development CompaniesâARRA
                  19
                  5
                  1
               
               
                  234020
                  7(a) Dealer Floor Plan
                  
                  
                  1
               
               
                  234021
                  7(a) Dealer Floor PlanâARRA
                  1
                  1
                  1
               
               
                  234024
                  7(a) Revolvers
                  18
                  4
                  12
               
               
                  234026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  29
                  14
                  4
               
               
                  234028
                  7(a) Business Loan GuaranteesâARRA Extension
                  394
                  66
                  1
               
               
                  234030
                  7(a) Revolvers-ARRA Extension
                  11
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  234999
                  Total subsidy outlays
                  554
                  233
                  258
               
               
                  
                  Guaranteed loan upward reestimates:
               
               
                  235002
                  7(a) General Business Loan Guarantees
                  1,800
                  1,122
                  
               
               
                  235003
                  7(a) General Business Loan GuaranteesâSTAR
                  23
                  7
                  
               
               
                  235004
                  Section 504 Certified Development Companies Debentures
                  2,030
                  880
                  
               
               
                  235006
                  SBIC Debentures
                  44
                  38
                  
               
               
                  235007
                  SBIC Participating Securities
                  345
                  1
                  
               
               
                  235010
                  Secondary Market Guarantee
                  12
                  11
                  
               
               
                  235015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  
                  5
                  
               
               
                  235017
                  7(a) General Business Loan GuaranteesâARRA
                  129
                  53
                  
               
               
                  235018
                  Section 504 Certified Development CompaniesâARRA
                  181
                  149
                  
               
               
                  235026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  43
                  129
                  
               
               
                  235027
                  504 Commercial Real Estate (CRE) Refinance Program
                  
                  4
                  
               
               
                  235028
                  7(a) Business Loan GuaranteesâARRA Extension
                  31
                  105
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  235999
                  Total upward reestimate budget authority
                  4,638
                  2,504
                  
               
               
                  
                  Guaranteed loan downward reestimates:
               
               
                  237002
                  7(a) General Business Loan Guarantees
                  
                  â3
                  
               
               
                  237004
                  Section 504 Certified Development Companies Debentures
                  
                  â12
                  
               
               
                  237006
                  SBIC Debentures
                  
                  â11
                  
               
               
                  237007
                  SBIC Participating Securities
                  â6
                  â756
                  
               
               
                  237008
                  SBIC New Market Venture Capital
                  â3
                  â3
                  
               
               
                  237010
                  Secondary Market Guarantee
                  â67
                  â43
                  
               
               
                  237016
                  ARC Loan GuaranteesâARRA
                  â36
                  â35
                  
               
               
                  237017
                  7(a) General Business Loan GuaranteesâARRA
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  237999
                  Total downward reestimate subsidy budget authority
                  â113
                  â863
                  
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  153
                  148
                  145
               
               
                  3590
                  Outlays from new authority
                  153
                  148
                  145
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this account records the subsidy costs associated with the
            direct loans obligated and loan guarantees committed in 1992 and beyond (including modifications of direct loans or loan guarantees
            that resulted from obligations or commitments in any year), as well as administrative expenses of the business loan program.
            The subsidy amounts are estimated on a present value basis; the administrative expenses are estimated on a cash basis. 
         
         For 2013, the Budget proposes $497 million in new budget authority for the Business Loans Program account.  This includes
            $145 million in administrative expenses funding, $349 million in credit subsidy for the Sections 7(a) and 504 guaranteed loan
            programs, and $2.8 million in credit subsidy for the direct Microloan Program. 
         
         The Section 7(a) program provides general business credit assistance.  SBA's modeling and budget presentations treat all 7(a)
            loans as term loans, however, a portion of approvals consist of revolving lines of credit, under which a borrower is able
            to draw and repay multiple times during the loan term.  In order to be consistent with Federal Credit Reform requirements
            and better reflect the total economic activity supported by the guarantee, SBA will continue to work with OMB on future budget
            presentations that ensure that the total 7(a) program levels reflect the full revolving lines of credit disbursement and repayment
            activity.  The Budget supports $14 billion in 7(a) term loans and $2 billion for 7(a) revolving lines of credit, which are
            estimated to support $46 billion in total economic activity through draws and repayments over the life of the guarantee. Based
            on the maximum draw activity at any one time, the base approval amounts are consistent with the authorized program level of
            $16 billion.  In addition, as part of the Secondary Market Guarantee (SMG) Program, SBA's fiscal agent pools the guaranteed
            portion of 7(a) loans and sells the securities to investors. This mechanism provides liquidity to lenders participating in
            the 7(a) loan program. For 2013, the Budget proposes a program level of $12 billion in such securities.
         
         The Section 504 Certified Development Company program is for long-term, fixed-rate financing, and the requested guaranteed
            loan program level is $6 billion in 2013. The Small Business Investment Company (SBIC) program provides credit to support
            venture capital investments. The Budget proposes a program level of $3 billion for SBIC Debentures and a $18 million program
            level for direct Microloans. 
         
         Due to the economic crisis and significantly higher default claims, SBA recorded a $1.8 billion upward reestimate in its loan
            guarantee programs.  This additional subsidy cost is covered by appropriations and increases the Federal Budget deficit in
            2012.  Further, projected economic conditions have doubled the estimated cost of new 7(a) loan guarantees, net of fees, for
            2013 compared to 2010.  
         
          
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1154â0â1â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.2
                  Other services from non-Federal sources
                  164
                  148
                  145
               
               
                  41.0
                  Grants, subsidies, and contributions
                  5,219
                  2,768
                  377
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  5,383
                  2,916
                  522
               
               
                  
                     
                  
               
            
         
      
         Business Direct Loan Financing Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4148â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  56
                  45
                  18
               
               
                  0713
                  Payment of interest to Treasury
                  7
                  5
                  5
               
               
                  0740
                  Negative subsidy obligations
                  
                  1
                  1
               
               
                  0742
                  Downward reestimate paid to receipt account
                  3
                  2
                  
               
               
                  0743
                  Interest on downward reestimates
                  1
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  67
                  54
                  24
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  20
                  26
                  28
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  2
                  2
                  2
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â19
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  3
                  26
                  28
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  43
                  44
                  44
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1440
                  Borrowing authority, mandatory (total)
                  43
                  44
                  44
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  41
                  46
                  41
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  6
                  
                  
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  
                  â34
                  â34
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  47
                  12
                  7
               
               
                  1900
                  Financing authority(total)
                  90
                  56
                  51
               
               
                  1930
                  Total budgetary resources available
                  93
                  82
                  79
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  26
                  28
                  55
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  42
                  63
                  82
               
               
                  3010
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â5
                  â11
                  â11
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3020
                  Obligated balance, start of year (net)
                  37
                  52
                  71
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  67
                  54
                  24
               
               
                  3040
                  Financing disbursements (gross)
                  â44
                  â33
                  â35
               
               
                  3050
                  Change in uncollected pymts, Fed sources, unexpired
                  â6
                  
                  
               
               
                  3080
                  Recoveries of prior year unpaid obligations, unexpired
                  â2
                  â2
                  â2
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  63
                  82
                  69
               
               
                  3091
                  Uncollected pymts, Fed sources, end of year
                  â11
                  â11
                  â11
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  52
                  71
                  58
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  90
                  56
                  51
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Financing disbursements, gross
                  44
                  33
                  35
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Federal sources: Payments from program account
                  â5
                  â10
                  â8
               
               
                  4120
                  Upward reestimate
                  â4
                  â3
                  
               
               
                  4120
                  Interest on reestimate
                  â3
                  â2
                  
               
               
                  4122
                  Interest on uninvested funds
                  â3
                  â7
                  â7
               
               
                  4123
                  Repayments of principal, net
                  â26
                  â22
                  â24
               
               
                  4123
                  Other income
                  
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â41
                  â46
                  â41
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â6
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Financing authority, net (mandatory)
                  43
                  10
                  10
               
               
                  4170
                  Financing disbursements, net (mandatory)
                  3
                  â13
                  â6
               
               
                  4180
                  Financing authority, net (total)
                  43
                  10
                  10
               
               
                  4190
                  Financing disbursements, net (total)
                  3
                  â13
                  â6
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4148â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1111
                  Limitation on direct loans
                  20
                  20
                  
               
               
                  1131
                  Direct loan obligations exempt from limitation
                  36
                  25
                  18
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  56
                  45
                  18
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  121
                  126
                  127
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  34
                  27
                  35
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â23
                  â20
                  â20
               
               
                  1263
                  Write-offs for default: Direct loans
                  â6
                  â6
                  â6
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  126
                  127
                  136
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this non-budgetary account records all cash flows to and
            from the Government resulting from direct loans obligated in 1992 and beyond (including modifications of direct loans that
            resulted from obligations in any year). The amounts in this account are a means of financing and are not included in the budget
            totals. 
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4148â0â3â376
                  2010 actual
                  2011 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  57
                  79
               
               
                  
                  Investments in US securities:
               
               
                  1106
                  Receivables, net
                  8
                  7
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  121
                  126
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â31
                  â32
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  90
                  94
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  155
                  180
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  152
                  179
               
               
                  2105
                  Other
                  3
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  155
                  180
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  155
                  180
               
               
                  
                     
                  
               
            
         
      
         Business Guaranteed Loan Financing Account                                                                               
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4149â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Other Expenses
                  152
                  75
                  75
               
               
                  
                  Credit program obligations:
               
               
                  0711
                  Default claim payments on principal
                  3,422
                  3,587
                  3,476
               
               
                  0712
                  Default claim payments on interest
                  60
                  20
                  20
               
               
                  0713
                  Payment of interest to Treasury
                  165
                  100
                  100
               
               
                  0742
                  Downward reestimate paid to receipt account
                  92
                  617
                  
               
               
                  0743
                  Interest on downward reestimates
                  21
                  246
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  3,760
                  4,570
                  3,596
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  3,912
                  4,645
                  3,671
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  2,676
                  5,637
                  5,679
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â296
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  2,380
                  5,637
                  5,679
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  42
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1440
                  Borrowing authority, mandatory (total)
                  42
                  
                  
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  7,149
                  4,687
                  2,183
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  â22
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  7,127
                  4,687
                  2,183
               
               
                  1900
                  Financing authority(total)
                  7,169
                  4,687
                  2,183
               
               
                  1930
                  Total budgetary resources available
                  9,549
                  10,324
                  7,862
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  5,637
                  5,679
                  4,191
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  183
                  94
                  1,146
               
               
                  3010
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â201
                  â179
                  â179
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3020
                  Obligated balance, start of year (net)
                  â18
                  â85
                  967
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  3,912
                  4,645
                  3,671
               
               
                  3040
                  Financing disbursements (gross)
                  â4,001
                  â3,593
                  â3,481
               
               
                  3050
                  Change in uncollected pymts, Fed sources, unexpired
                  22
                  
                  
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  94
                  1,146
                  1,336
               
               
                  3091
                  Uncollected pymts, Fed sources, end of year
                  â179
                  â179
                  â179
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  â85
                  967
                  1,157
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  7,169
                  4,687
                  2,183
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Financing disbursements, gross
                  4,001
                  3,593
                  3,481
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â554
                  â233
                  â258
               
               
                  4120
                  Upward reestimate
                  â3,803
                  â2,129
                  
               
               
                  4120
                  Interest on reestimate
                  â835
                  â375
                  
               
               
                  4122
                  Interest on uninvested funds
                  â241
                  â190
                  â190
               
               
                  4123
                  Fees
                  â628
                  â860
                  â835
               
               
                  4123
                  Principal
                  â942
                  â900
                  â900
               
               
                  4123
                  Other
                  â146
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â7,149
                  â4,687
                  â2,183
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  22
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Financing authority, net (mandatory)
                  42
                  
                  
               
               
                  4170
                  Financing disbursements, net (mandatory)
                  â3,148
                  â1,094
                  1,298
               
               
                  4180
                  Financing authority, net (total)
                  42
                  
                  
               
               
                  4190
                  Financing disbursements, net (total)
                  â3,148
                  â1,094
                  1,298
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4149â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2111
                  Limitation on guaranteed loans made by private lenders
                  26,540
                  47,064
                  34,650
               
               
                  2131
                  Guaranteed loan commitments exempt from limitation
                  36,583
                  48,059
                  60,790
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  63,123
                  95,123
                  95,440
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  24,563
                  44,765
                  35,729
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  76,195
                  82,197
                  83,617
               
               
                  2231
                  Disbursements of new guaranteed loans
                  19,648
                  15,867
                  21,994
               
               
                  2251
                  Repayments and prepayments
                  â9,480
                  â10,227
                  â10,403
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  â4,045
                  â4,094
                  â3,965
               
               
                  2263
                  Terminations for default that result in claim payments
                  â121
                  â126
                  â122
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  82,197
                  83,617
                  91,121
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  69,981
                  71,190
                  77,579
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  8,396
                  8,859
                  9,235
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  3,331
                  3,593
                  3,479
               
               
                  2351
                  Repayments of loans receivable
                  â878
                  â882
                  â1,034
               
               
                  2361
                  Write-offs of loans receivable
                  â2,199
                  â2,335
                  â2,384
               
               
                  2364
                  Other adjustments, net
                  209
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  8,859
                  9,235
                  9,296
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this non-budgetary account records all cash flows to and
            from the Government resulting from loan guarantees committed in 1992 and beyond (including modifications of loan guarantees
            that resulted from commitments in any year). The amounts in this account are a means of financing and are not included in
            the Budget totals.
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4149â0â3â376
                  2010 actual
                  2011 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  2,659
                  5,552
               
               
                  
                  Investments in US securities:
               
               
                  1106
                  Receivables, net
                  3,558
                  1,651
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  29
                  51
               
               
                  
                  Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
               
               
                  1501
                  Defaulted guaranteed loans receivable, gross
                  8,396
                  8,859
               
               
                  1504
                  Foreclosed property
                  38
                  33
               
               
                  1505
                  Allowance for subsidy cost (-)
                  â6,204
                  â6,688
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1599
                  Net present value of assets related to defaulted guaranteed loans
                  2,230
                  2,204
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  8,476
                  9,458
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  3,984
                  3,729
               
               
                  2105
                  Other
                  90
                  907
               
               
                  
                  Non-Federal liabilities:
               
               
                  2201
                  Accounts payable
                  166
                  81
               
               
                  2204
                  Liabilities for loan guarantees
                  4,236
                  4,741
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  8,476
                  9,458
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total upward reestimate subsidy BA [73â1154]
                  8,476
                  9,458
               
               
                  
                     
                  
               
            
         
      
         Business Loan Fund Liquidating Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Guaranteed loan default claims
                  
                  1
                  1
               
               
                  
                  Credit program obligations:
               
               
                  0709
                  Administrative expenses
                  2
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  2
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4
                  6
                  
               
               
                  1022
                  Capital transfer of unobligated balances to general fund
                  â4
                  â6
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  2
                  1
                  1
               
               
                  1236
                  Appropriations applied to repay debt
                  â2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  
                  1
                  1
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  8
                  4
                  4
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â2
                  â2
               
               
                  1825
                  Spending authority from offsetting collections applied to repay FFB
                  
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  8
                  1
                  1
               
               
                  1900
                  Budget authority (total)
                  8
                  2
                  2
               
               
                  1930
                  Total budgetary resources available
                  8
                  2
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  6
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  3
                  2
                  3
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  2
                  2
                  2
               
               
                  3040
                  Outlays (gross)
                  â3
                  â1
                  â1
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  2
                  3
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  2
                  3
                  4
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  8
                  2
                  2
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  2
                  1
                  1
               
               
                  4101
                  Outlays from mandatory balances
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  3
                  1
                  1
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â8
                  â4
                  â4
               
               
                  4180
                  Budget authority, net (total)
                  
                  â2
                  â2
               
               
                  4190
                  Outlays, net (total)
                  â5
                  â3
                  â3
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  21
                  17
                  13
               
               
                  1251
                  Repayments: Repayments and prepayments
                  
                  â1
                  â1
               
               
                  
                  Write-offs for default:
               
               
                  1263
                  Direct loans
                  â1
                  â2
                  â2
               
               
                  1264
                  Other adjustments, net (+ or -)
                  â3
                  â1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  17
                  13
                  10
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  52
                  37
                  21
               
               
                  2251
                  Repayments and prepayments
                  â15
                  â15
                  â10
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  
                  
                  
               
               
                  2263
                  Terminations for default that result in claim payments
                  
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  37
                  21
                  10
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  30
                  16
                  8
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  41
                  40
                  27
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  
                  1
                  1
               
               
                  2351
                  Repayments of loans receivable
                  â3
                  â12
                  â12
               
               
                  2361
                  Write-offs of loans receivable
                  â1
                  â2
                  â2
               
               
                  2364
                  Other adjustments, net
                  3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  40
                  27
                  14
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this account records all cash flows to and from the Government
            resulting from SBA direct loans obligated and loan guarantees committed prior to 1992. This account is shown on a cash basis.
            All new activity in this program in 1992 and beyond (including modifications of direct loans or loan guarantees made in any
            year) is recorded in corresponding program and financing accounts.
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2010 actual
                  2011 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  8
                  8
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  3
                  3
               
               
                  1601
                  Direct loans, gross
                  21
                  17
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  19
                  15
               
               
                  1701
                  Defaulted guaranteed loans, gross
                  42
                  40
               
               
                  1703
                  Allowance for estimated uncollectible loans and interest (-)
                  â22
                  â21
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1799
                  Value of assets related to loan guarantees
                  20
                  19
               
               
                  1901
                  Other Federal assets: Other assets
                  6
                  7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  56
                  52
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2101
                  Accounts payable
                  1
                  1
               
               
                  2103
                  Debt
                  2
                  
               
               
                  2104
                  Resources payable to Treasury
                  50
                  49
               
               
                  
                  Non-Federal liabilities:
               
               
                  2201
                  Accounts payable
                  2
                  1
               
               
                  2207
                  Other Liabilities
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  56
                  52
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  56
                  52
               
               
                  
                     
                  
               
            
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  42.0
                  Insurance claims and indemnities
                  1
                  1
                  1
               
               
                  43.0
                  Interest and dividends
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  2
                  2
                  2
               
               
                  
                     
                  
               
            
         
      
         Disaster Loans Program Account
         (including transfers of funds)For administrative expenses to carry out the direct loan program authorized by section 7(b) of the Small Business Act and resulting from major disasters declared pursuant to the Robert T. Stafford Disaster Relief and Emergency Assistance Act
            (42 U.S.C. 5122(2)), [$117,300,000] $167,000,000, to be available until expended, of which $1,000,000 is for the Office of Inspector General of the Small Business Administration
         for audits and reviews of disaster loans and the disaster loan programs and shall be [transferred to and merged with] paid to the appropriations for the Office of Inspector General; of which [$110,300,000] $157,000,000 is for direct administrative expenses of loan making and servicing to carry out the direct loan program, which [may be transferred to and merged with] shall be paid to the appropriations for Salaries and Expenses; and of which [$6,000,000] $9,000,000 is for indirect administrative expenses for the direct loan program, which [may be transferred to and merged with] shall be paid to the appropriations for Salaries and Expenses: Provided, That such amount is designated by Congress as being for disaster relief pursuant to section 251(b)(2)(D) of the
            Balanced Budget and Emergency Deficit Control Act of 1985 (Public Law 99â177), as amended. (Financial Services and General Government Appropriations Act, 2012.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1152â0â1â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  83
                  121
                  122
               
               
                  0705
                  Reestimates of direct loan subsidy
                  171
                  126
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  58
                  32
                  
               
               
                  0709
                  Administrative expenses
                  263
                  116
                  167
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  575
                  395
                  289
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  805
                  514
                  413
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  10
                  20
                  20
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  815
                  534
                  433
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  45
                  116
                  167
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  45
                  116
                  167
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  229
                  158
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  229
                  158
                  
               
               
                  1900
                  Budget authority (total)
                  274
                  274
                  167
               
               
                  1930
                  Total budgetary resources available
                  1,089
                  808
                  600
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  514
                  413
                  311
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  25
                  58
                  43
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  575
                  395
                  289
               
               
                  3040
                  Outlays (gross)
                  â532
                  â390
                  â285
               
               
                  3080
                  Recoveries of prior year unpaid obligations, unexpired
                  â10
                  â20
                  â20
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  58
                  43
                  27
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  58
                  43
                  27
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  45
                  116
                  167
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  45
                  116
                  167
               
               
                  4011
                  Outlays from discretionary balances
                  258
                  116
                  118
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  303
                  232
                  285
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  229
                  158
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  229
                  158
                  
               
               
                  4180
                  Budget authority, net (total)
                  274
                  274
                  167
               
               
                  4190
                  Outlays, net (total)
                  532
                  390
                  285
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1152â0â1â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  Disaster Assistance Loans
                  611
                  1,100
                  1,100
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  611
                  1,100
                  1,100
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  Disaster Assistance Loans
                  13.53
                  11.03
                  11.11
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  13.53
                  11.03
                  11.11
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  Disaster Assistance Loans
                  83
                  121
                  122
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  83
                  121
                  122
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  Disaster Assistance Loans
                  40
                  116
                  116
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  40
                  116
                  116
               
               
                  
                  Direct loan upward reestimates:
               
               
                  135001
                  Disaster Assistance Loans
                  221
                  156
                  
               
               
                  135002
                  Economic Injury Disaster LoansâTerrorist Attack
                  8
                  2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total upward reestimate budget authority
                  229
                  158
                  
               
               
                  
                  Direct loan downward reestimates:
               
               
                  137001
                  Disaster Assistance Loans
                  â37
                  â2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  137999
                  Total downward reestimate budget authority
                  â37
                  â2
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215001
                  Immediate Disaster Assistance
                  
                  18
                  
               
               
                  215002
                  Expedited Disaster Assistance
                  
                  
                  57
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  
                  18
                  57
               
               
                  
                  Guaranteed loan subsidy (in percent):
               
               
                  232001
                  Immediate Disaster Assistance
                  0.00
                  1.96
                  0.00
               
               
                  232002
                  Expedited Disaster Assistance
                  0.00
                  0.00
                  2.31
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  232999
                  Weighted average subsidy rate
                  0.00
                  1.96
                  2.31
               
               
                  
                  Guaranteed loan subsidy budget authority:
               
               
                  233002
                  Expedited Disaster Assistance
                  
                  
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  233999
                  Total subsidy budget authority
                  
                  
                  1
               
               
                  
                  Guaranteed loan subsidy outlays:
               
               
                  234002
                  Expedited Disaster Assistance
                  
                  
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  234999
                  Total subsidy outlays
                  
                  
                  1
               
               
                  
                  Guaranteed loan downward reestimates:
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  45
                  116
                  167
               
               
                  3590
                  Outlays from new authority
                  45
                  116
                  167
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this account records, for loans made pursuant to Section
            7(b) of the Small Business Act, as amended, the subsidy costs associated with the direct loans obligated in 1992 and beyond
            (including modifications of direct loans or loan guarantees that resulted from obligations or commitments in any year), as
            well as administrative expenses of this program. The subsidy amounts are estimated on a present value basis; the administrative
            expenses are estimated on a cash basis.
         
         Disaster loans made pursuant to Section 7(b) of the Small Business Act provide Federal assistance for non-farm, private sector
            disaster losses.  Through the disaster assistance program, SBA helps homeowners, renters, businesses of all sizes, and non-profit
            organizations pay for the cost of replacing, rebuilding or repairing property damaged by disasters. The program is the only
            form of SBA financial assistance not limited to small businesses. The program provides subsidized loans of up to 30 years
            to borrowers who have incurred uninsured physical losses or economic injury as the result of a disaster. 
         
         In 2013, the Budget supports $1.1 billion in loans, the ten-year average for such loans, excluding outlying events.  The Budget
            does not request new credit subsidy budget authority (BA), as SBA has sufficient unobligated balances to support estimated
            2013 loan approvals.  However, the Budget does request $167 million in new BA for administrative expenses related to major
            disasters pursuant to a determination under section 102(2) of the Robert T. Stafford Disaster Relief and Emergency Assistance
            Act. This funding will be designated as being for disaster relief under the cap adjustment in section 251(b)(2)(D) of the
            Balanced Budget and Emergency Deficit Control Act of 1985, as amended. SBA expects to reprogram an additional $35 million
            from unobligated subsidy balances to fund administrative expenses incurred from other disasters, including those declared
            by the SBA Administrator.
         
          
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1152â0â1â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.2
                  Other services from non-Federal sources
                  263
                  116
                  167
               
               
                  41.0
                  Grants, subsidies, and contributions
                  312
                  279
                  122
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  575
                  395
                  289
               
               
                  
                     
                  
               
            
         
      
         Disaster Direct Loan Financing Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4150â0â3â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0003
                  Other
                  8
                  14
                  12
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  611
                  1,100
                  1,100
               
               
                  0713
                  Payment of interest to Treasury
                  340
                  350
                  350
               
               
                  0742
                  Downward reestimate paid to receipt account
                  35
                  
                  
               
               
                  0743
                  Interest on downward reestimates
                  2
                  2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  988
                  1,452
                  1,450
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  996
                  1,466
                  1,462
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  762
                  751
                  1,610
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  90
                  200
                  150
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â594
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  258
                  951
                  1,760
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  262
                  981
                  978
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1440
                  Borrowing authority, mandatory (total)
                  262
                  981
                  978
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  1,194
                  1,644
                  1,246
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  33
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â500
                  â500
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  1,227
                  1,144
                  746
               
               
                  1900
                  Financing authority(total)
                  1,489
                  2,125
                  1,724
               
               
                  1930
                  Total budgetary resources available
                  1,747
                  3,076
                  3,484
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  751
                  1,610
                  2,022
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  219
                  429
                  595
               
               
                  3010
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â25
                  â58
                  â58
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3020
                  Obligated balance, start of year (net)
                  194
                  371
                  537
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  996
                  1,466
                  1,462
               
               
                  3040
                  Financing disbursements (gross)
                  â696
                  â1,100
                  â1,100
               
               
                  3050
                  Change in uncollected pymts, Fed sources, unexpired
                  â33
                  
                  
               
               
                  3080
                  Recoveries of prior year unpaid obligations, unexpired
                  â90
                  â200
                  â150
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  429
                  595
                  807
               
               
                  3091
                  Uncollected pymts, Fed sources, end of year
                  â58
                  â58
                  â58
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  371
                  537
                  749
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  1,489
                  2,125
                  1,724
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Financing disbursements, gross
                  696
                  1,100
                  1,100
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â269
                  â271
                  â116
               
               
                  4120
                  Upward reestimate
                  
                  â2
                  
               
               
                  4120
                  Interest on upward reestimate
                  
                  â1
                  
               
               
                  4122
                  Interest income from Treasury
                  â64
                  â230
                  â230
               
               
                  4123
                  Repayments of principal, net
                  â859
                  â1,140
                  â900
               
               
                  4123
                  Non-Federal sources-Other
                  â2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â1,194
                  â1,644
                  â1,246
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â33
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Financing authority, net (mandatory)
                  262
                  481
                  478
               
               
                  4170
                  Financing disbursements, net (mandatory)
                  â498
                  â544
                  â146
               
               
                  4180
                  Financing authority, net (total)
                  262
                  481
                  478
               
               
                  4190
                  Financing disbursements, net (total)
                  â498
                  â544
                  â146
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4150â0â3â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1131
                  Direct loan obligations exempt from limitation
                  611
                  1,100
                  1,100
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  611
                  1,100
                  1,100
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  7,944
                  7,493
                  7,377
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  315
                  713
                  1,037
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â578
                  â634
                  â615
               
               
                  
                  Write-offs for default:
               
               
                  1263
                  Direct loans
                  â207
                  â195
                  â192
               
               
                  1264
                  Other adjustments, net (+ or -)
                  19
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  7,493
                  7,377
                  7,607
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this non-budgetary account records all cash flows to and
            from the Government resulting from disaster direct loans obligated in 1992 and beyond (including modifications of direct loans
            that resulted from obligations in any year). The amounts in this account are a means of financing and are not included in
            the Budget totals. 
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4150â0â3â453
                  2010 actual
                  2011 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  1,186
                  1,281
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  7,944
                  7,493
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â1,475
                  â1,485
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  6,469
                  6,008
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  7,655
                  7,289
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  7,653
                  7,287
               
               
                  2105
                  Other
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  7,655
                  7,289
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  7,655
                  7,289
               
               
                  
                     
                  
               
            
         
      
         Disaster Loans Guaranteed Loan Financing Account                                                                         
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4293â0â3â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  
                  
                  1
               
               
                  
                  Financing authority:
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  
                  1
                  1
               
               
                  1900
                  Financing authority(total)
                  
                  1
                  1
               
               
                  1930
                  Total budgetary resources available
                  
                  1
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  
                  1
                  2
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  
                  1
                  1
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  
                  â1
                  â1
               
               
                  4190
                  Financing disbursements, net (total)
                  
                  â1
                  â1
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4293â0â3â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2131
                  Guaranteed loan commitments exempt from limitation
                  
                  18
                  57
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  
                  18
                  57
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  
                  15
                  48
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  
                  
                  18
               
               
                  2231
                  Disbursements of new guaranteed loans
                  
                  18
                  57
               
               
                  2251
                  Repayments and prepayments
                  
                  
                  â10
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  
                  18
                  65
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  
                  15
                  48
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this non-budgetary account records all cash flows to and
            from the Government resulting from loan guarantees committed in 1992 and beyond (including modifications of loan guarantees
            that resulted from commitments in any year). The amounts in this account are a means of financing and are not included in
            the Budget totals.
         
      
         Disaster Loan Fund Liquidating Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4153â0â3â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0101
                  Interest expense to Treasury
                  1
                  1
                  1
               
               
                  0103
                  Other Expenses
                  
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations (object class 25.2)
                  1
                  2
                  1
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4
                  5
                  
               
               
                  1022
                  Capital transfer of unobligated balances to general fund
                  â4
                  â5
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  2
                  2
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  2
                  2
                  1
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  4
                  4
                  4
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â4
                  â4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  4
                  
                  
               
               
                  1900
                  Budget authority (total)
                  6
                  2
                  1
               
               
                  1930
                  Total budgetary resources available
                  6
                  2
                  1
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  5
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Obligated balance, start of year (net):
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1  (gross)
                  1
                  1
                  3
               
               
                  3030
                  Obligations incurred, unexpired accounts
                  1
                  2
                  1
               
               
                  3040
                  Outlays (gross)
                  â1
                  
                  
               
               
                  
                  Obligated balance, end of year (net):
               
               
                  3090
                  Unpaid obligations, end of year (gross)
                  1
                  3
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3100
                  Obligated balance, end of year (net)
                  1
                  3
                  4
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  6
                  2
                  1
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  1
                  
                  
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â4
                  â4
                  â4
               
               
                  4180
                  Budget authority, net (total)
                  2
                  â2
                  â3
               
               
                  4190
                  Outlays, net (total)
                  â3
                  â4
                  â4
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4153â0â3â453
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  11
                  9
                  6
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â2
                  â2
                  â2
               
               
                  1263
                  Write-offs for default: Direct loans
                  
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  9
                  6
                  3
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, this account records all cash flows to and from the Government
            resulting from SBA disaster direct loans obligated prior to 1992. This account is shown on a cash basis. All new activity
            in this program in 1992 and beyond (including modifications of direct loans or loan guarantees made in any year) is recorded
            in corresponding program and financing accounts.
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4153â0â3â453
                  2010 actual
                  2011 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  5
                  5
               
               
                  1601
                  Direct loans, net
                  11
                  9
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  10
                  8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  15
                  13
               
               
                  
                  LIABILITIES:
               
               
                  2104
                  Federal liabilities: Resources payable to Treasury
                  15
                  13
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  15
                  13
               
               
                  
                     
                  
               
            
         
      
         Pollution Control Equipment Fund Liquidating Account                                                                     
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4147â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  2
                  2
                  
               
               
                  1022
                  Capital transfer of unobligated balances to general fund
                  â2
                  â2
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  2
                  
                  
               
               
                  1900
                  Budget authority (total)
                  2
                  
                  
               
               
                  1930
                  Total budgetary resources available
                  2
                  
                  
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  2
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  2
                  
                  
               
               
                  4180
                  Budget authority, net (total)
                  2
                  
                  
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4147â0â3â376
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  10
                  
                  
               
               
                  2361
                  Write-offs of loans receivable
                  â10
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  
                  
                  
               
               
                  
                     
                  
               
            
         
      
      
         Public Law 94â305 established this fund to alleviate the adverse impact of pollution regulations on small businesses. As a
            result of the elimination of tax-exempt financing associated with the Pollution Control Guaranteed loan program, no new activity
            is anticipated for this program.
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4147â0â3â376
                  2010 actual
                  2011 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  2
                  3
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â8
                  
               
               
                  1701
                  Defaulted guaranteed loans, gross
                  10
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  4
                  3
               
               
                  
                  LIABILITIES:
               
               
                  2104
                  Federal liabilities: Resources payable to Treasury
                  4
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  4
                  3
               
               
                  
                     
                  
               
            
         
      
         GENERAL FUND RECEIPT ACCOUNTS                                                                                            
            
         (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2011 actual
                  2012 est.
                  2013 est.
               
               
                  
                     
                  
               
               
                  Offsetting receipts from the public:
               
               
                  73â272130
                  Disaster Loan Program, Downward Reestimates of Subsidies
                  37
                  2
                  
               
               
                  73â272230
                  Business Loan Program, Downward Reestimates of Subsidies
                  116
                  866
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  General Fund Offsetting receipts from the public
                  153
                  868
                  
               
               
                  
                     
                  
               
            
         
      
      
         
      
         ADMINISTRATIVE PROVISIONS                                                                                                
            
         
         Administrative ProvisionsâSmall Business Administration'
      			
      (including transfer of funds)SEC. 530.  Not to exceed 5 percent of any appropriation made available for the current fiscal year for the Small Business Administration
      in this Act may be transferred between such appropriations, but no such appropriation shall be increased by more than 10 percent
      by any such transfers: Provided, That any transfer pursuant to this paragraph shall be treated as a reprogramming of funds under section 608 of this Act
      and shall not be available for obligation or expenditure except in compliance with the procedures set forth in that section.[SEC. 531.  Section 7(d)(5)(D) of the Small Business Act (15 U.S.C. 636(d)(5)(D)) is amended by striking "three years'' and inserting
      "7 years''.]SEC. [532]531.  [Beginning in fiscal year 2013 and each fiscal year thereafter, the] The budget request for the Small Business Administration shall provide a detailed justification of any proposed changes from
      the enacted level by individual appropriation. The detailed justification shall include at a minimum a description of each
      credit and non-credit program including amount of funding and costs by appropriation account and fiscal year. For activities
      funded in multiple appropriations, the budget justification shall specify the amount included in each enacted appropriation,
      the amount proposed in the budget year and a justification for any proposed changes. (Financial Services and General Government Appropriations Act, 2012.)