[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, including hire of passenger motor
         vehicles as authorized by sections 1343 and 1344 of title 31, United States Code, and not to exceed $3,500 for official reception and representation expenses, [$250,000,000, of which not less than $12,000,000 shall be available for examinations, reviews, and other lender oversight
         activities] $256,882,000: 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 [2014] 2015: Provided further, That $6,100,000 shall be available for the Loan Modernization and Accounting System, to be available until September 30,
         [2015: 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)] 2016. (Financial Services and General Government Appropriations Act, 2014.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0100â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Executive direction
                  71
                  76
                  76
               
               
                  0002
                  Capital Access
                  84
                  87
                  88
               
               
                  0003
                  Gov. Contracting/ Bus. Development
                  25
                  27
                  27
               
               
                  0004
                  Entrepreneurial Development
                  10
                  14
                  14
               
               
                  0005
                  Management & Adminstration
                  21
                  23
                  23
               
               
                  0006
                  Office of Chief Information Officer
                  35
                  38
                  38
               
               
                  0007
                  Regional & district offices
                  100
                  101
                  101
               
               
                  0008
                  Agency wide costs
                  49
                  57
                  59
               
               
                  0009
                  Non credit programs
                  178
                  7
                  
               
               
                  0012
                  Disaster
                  276
                  182
                  177
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  849
                  612
                  603
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  83
                  237
                  230
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  8
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  91
                  237
                  230
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  437
                  250
                  257
               
               
                  1130
                  Appropriations permanently reduced
                  â23
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  414
                  250
                  257
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  429
                  191
                  186
               
               
                  1700
                  Collected
                  155
                  164
                  160
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  584
                  355
                  346
               
               
                  1900
                  Budget authority (total)
                  998
                  605
                  603
               
               
                  1930
                  Total budgetary resources available
                  1,089
                  842
                  833
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â3
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  237
                  230
                  230
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  434
                  337
                  223
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  849
                  612
                  603
               
               
                  3011
                  Obligations incurred, expired accounts
                  10
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â929
                  â726
                  â635
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â8
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â19
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  337
                  223
                  191
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  434
                  337
                  223
               
               
                  3200
                  Obligated balance, end of year
                  337
                  223
                  191
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  998
                  605
                  603
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  629
                  404
                  401
               
               
                  4011
                  Outlays from discretionary balances
                  300
                  322
                  234
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  929
                  726
                  635
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Baseline Program [Text]
                  â571
                  â343
                  â334
               
               
                  4033
                  Baseline Program [Text]
                  â16
                  â12
                  â12
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  â587
                  â355
                  â346
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4052
                  Offsetting collections credited to expired accounts
                  3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  414
                  250
                  257
               
               
                  4080
                  Outlays, net (discretionary)
                  342
                  371
                  289
               
               
                  4180
                  Budget authority, net (total)
                  414
                  250
                  257
               
               
                  4190
                  Outlays, net (total)
                  342
                  371
                  289
               
               
                  
                     
                  
               
            
         
      
      
         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 2015 Budget provides $6.1 million in funding
            for the continued development of a revised loan management accounting system, which will improve oversight of SBA's more than
            $100 billion portfolio of loans and loan guarantees. Funding is also requested for core agency activities, including information
            technology investments and human capital development. 
         
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0100â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  200
                  202
                  204
               
               
                  11.3
                  Other than full-time permanent
                  6
                  8
                  8
               
               
                  11.5
                  Other personnel compensation
                  1
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  207
                  213
                  215
               
               
                  12.1
                  Civilian personnel benefits
                  60
                  63
                  64
               
               
                  21.0
                  Travel and transportation of persons
                  5
                  5
                  5
               
               
                  23.1
                  Rental payments to GSA
                  35
                  39
                  42
               
               
                  23.3
                  Communications, utilities, and miscellaneous charges
                  8
                  8
                  8
               
               
                  24.0
                  Printing and reproduction
                  
                  1
                  1
               
               
                  25.2
                  Other services from non-Federal sources
                  84
                  86
                  86
               
               
                  25.3
                  Other purchases of goods and services from Government accounts (Disaster Administrative Expenses)
                  276
                  182
                  177
               
               
                  26.0
                  Supplies and materials
                  3
                  5
                  3
               
               
                  31.0
                  Equipment
                  1
                  2
                  1
               
               
                  41.0
                  Grants, subsidies, and contributions
                  170
                  7
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  849
                  611
                  602
               
               
                  99.0
                  Reimbursable obligations
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  849
                  612
                  603
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0100â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  3,776
                  3,106
                  3,106
               
               
                  
                     
                  
               
            
         
      
         Office of Inspector GeneralFor necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978,
         [$19,000,000] $19,400,000. (Financial Services and General Government Appropriations Act, 2014.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0200â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Audit
                  8
                  9
                  10
               
               
                  0002
                  Investigations
                  9
                  9
                  9
               
               
                  0003
                  Management policy
                  2
                  2
                  2
               
               
                  0004
                  General Office/Legal Counsel
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  20
                  21
                  22
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  7
                  7
                  6
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  21
                  19
                  19
               
               
                  1130
                  Appropriations permanently reduced
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  20
                  19
                  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)
                  21
                  20
                  20
               
               
                  1930
                  Total budgetary resources available
                  28
                  27
                  26
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â1
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  7
                  6
                  4
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  2
                  2
                  2
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  20
                  21
                  22
               
               
                  3020
                  Outlays (gross)
                  â20
                  â21
                  â22
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  2
                  2
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  2
                  2
                  2
               
               
                  3200
                  Obligated balance, end of year
                  2
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  21
                  20
                  20
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  15
                  19
                  19
               
               
                  4011
                  Outlays from discretionary balances
                  5
                  2
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  20
                  21
                  22
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Baseline Program [Disaster Transfer]
                  â1
                  â1
                  â1
               
               
                  4180
                  Budget authority, net (total)
                  20
                  19
                  19
               
               
                  4190
                  Outlays, net (total)
                  19
                  20
                  21
               
               
                  
                     
                  
               
            
         
      
      
         The 2015 Budget proposes $19.4 million in new budget authority and $1 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.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0200â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  11
                  12
                  12
               
               
                  11.5
                  Other personnel compensation
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  12
                  13
                  13
               
               
                  12.1
                  Civilian personnel benefits
                  4
                  4
                  4
               
               
                  25.2
                  Other services
                  3
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  19
                  20
                  20
               
               
                  99.0
                  Reimbursable obligations
                  1
                  1
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  20
                  21
                  22
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0200â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  106
                  112
                  112
               
               
                  
                     
                  
               
            
         
      
         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.), [$8,750,000] $8,455,000, to remain available until expended. (Financial Services and General Government Appropriations Act, 2014.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0300â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Direct program activity
                  9
                  9
                  8
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  1
                  1
                  1
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  9
                  9
                  8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  9
                  9
                  8
               
               
                  1930
                  Total budgetary resources available
                  10
                  10
                  9
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  1
                  1
                  2
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  9
                  9
                  8
               
               
                  3020
                  Outlays (gross)
                  â9
                  â8
                  â7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1
                  2
                  3
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1
                  1
                  2
               
               
                  3200
                  Obligated balance, end of year
                  1
                  2
                  3
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  9
                  9
                  8
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  8
                  8
                  7
               
               
                  4011
                  Outlays from discretionary balances
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  9
                  8
                  7
               
               
                  4180
                  Budget authority, net (total)
                  9
                  9
                  8
               
               
                  4190
                  Outlays, net (total)
                  9
                  8
                  7
               
               
                  
                     
                  
               
            
         
      
      
         The 2015 Budget proposes $8.455 million in new budget authority. This appropriation provides funds for operations of the Office
            of Advocacy to carry out its statutory duties, including those under the Regulatory Flexibility Act. Pursuant to Section 1602
            of the Jobs Act, SBA is requesting that the funds remain available 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
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  6
                  6
                  5
               
               
                  12.1
                  Civilian personnel benefits
                  2
                  2
                  2
               
               
                  25.2
                  Other services from non-Federal sources
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  9
                  9
                  8
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0300â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  46
                  46
                  46
               
               
                  
                     
                  
               
            
         
      
         Entrepreneurial Development ProgramsFor necessary expenses of programs supporting entrepreneurial and small business development as authorized by Public Law 108â447,
         [$196,165,000] $197,825,000: Provided, That $113,625,000 shall be available to fund grants for performance in fiscal year [2014] 2015 or fiscal year [2015] 2016 as authorized by section 21 of the Small Business Act, to remain available until September 30, [2015] 2016: Provided further, That $20,000,000 shall remain available until September 30, [2015] 2016 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 $8,000,000 shall be available for grants to States for fiscal year 2014 to carry out export programs that assist small
         business concerns authorized under section 1207 of Public Law 111â240]. (Financial Services and General Government Appropriations Act, 2014.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0400â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Non-Credit Programs
                  
                  196
                  198
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  
                  196
                  198
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  
                  196
                  198
               
               
                  1930
                  Total budgetary resources available
                  
                  196
                  198
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  
                  
                  88
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  
                  196
                  198
               
               
                  3020
                  Outlays (gross)
                  
                  â108
                  â178
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  
                  88
                  108
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  
                  
                  88
               
               
                  3200
                  Obligated balance, end of year
                  
                  88
                  108
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  
                  196
                  198
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  
                  108
                  109
               
               
                  4011
                  Outlays from discretionary balances
                  
                  
                  69
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  
                  108
                  178
               
               
                  4180
                  Budget authority, net (total)
                  
                  196
                  198
               
               
                  4190
                  Outlays, net (total)
                  
                  108
                  178
               
               
                  
                     
                  
               
            
         
      
      
         For 2015, this appropriations account, which was added in FY 2014, supports SBA's core grant programsâSmall Business Development
            Centers, SCORE and Women's Business Centers, as well as various entrepreneurial development initiatives managed by the Office
            of Entrepreneurial Development. These initiatives include Entrepreneurial Education, which is designed to train and develop
            small business owners who are poised for growth and the Boots to Business program, which provides entrepreneurship training
            to America's veterans transitioning to civilian life. The Budget also supports place-based initiatives, such as the Regional
            Innovation Clusters and Growth Accelerator initiatives.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0400â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  
                  2
                  2
               
               
                  12.1
                  Civilian personnel benefits
                  
                  1
                  1
               
               
                  41.0
                  Grants, subsidies, and contributions
                  
                  193
                  195
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  
                  196
                  198
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â0400â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  
                  29
                  29
               
               
                  
                     
                  
               
            
         
      
         Surety Bond Guarantees Revolving Fund                                                                                    
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4156â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0801
                  Reimbursable obligations
                  5
                  17
                  17
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations (object class 42.0)
                  5
                  17
                  17
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  61
                  73
                  73
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  17
                  17
                  17
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  17
                  17
                  17
               
               
                  1900
                  Budget authority (total)
                  17
                  17
                  17
               
               
                  1930
                  Total budgetary resources available
                  78
                  90
                  90
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  73
                  73
                  73
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  5
                  17
                  17
               
               
                  3020
                  Outlays (gross)
                  â5
                  â17
                  â17
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  17
                  17
                  17
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  5
                  17
                  17
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â17
                  â17
                  â17
               
               
                  4190
                  Outlays, net (total)
                  â12
                  
                  
               
               
                  
                     
                  
               
            
         
      
      
         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. It is estimated that there are sufficient funds in reserve to cover the cost of claim defaults in 2015. Therefore,
            no new appropriated funds are requested in the Budget.
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4156â0â3â376
                  2012 actual
                  2013 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  61
                  73
               
               
                  
                  Investments in US securities:
               
               
                  1106
                  Receivables, net
                  2
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  63
                  74
               
               
                  
                  LIABILITIES:
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  23
                  31
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  40
                  43
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  63
                  74
               
               
                  
                     
                  
               
            
         
      
         Business Loans Program Account
         (including transfer of funds)For the cost of direct loans, [$4,600,000] $2,500,000, to remain available until expended, and for the cost of guaranteed loans as authorized by section 503 of the Small Business
         Investment Act of 1958 (Public Law 85â699), [$107,000,000] $45,000,000, 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 [2014] 2015 commitments to guarantee loans under section 503 of the Small Business Investment Act of 1958 shall not exceed $7,500,000,000:
         Provided further, That during fiscal year [2014] 2015 commitments for general business loans authorized under section 7(a) of the Small Business Act shall not exceed $17,500,000,000
         for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans: Provided further, That during fiscal year 2015 commitments for loans authorized under subparagraph (C) of section 502(7) of
            the Small Business Investment Act of 1958 (15 U.S.C. 696(7)) shall not exceed $7,500,000,000: Provided further, That during fiscal year [2014] 2015 commitments to guarantee loans for debentures under section 303(b) of the Small Business Investment Act of 1958 shall not
         exceed $4,000,000,000: Provided further, That during fiscal year [2014] 2015, 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, [$151,560,000] $147,726,000, which may be transferred to and merged with the appropriations for Salaries and Expenses. (Financial Services and General Government Appropriations Act, 2014.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1154â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  7
                  5
                  2
               
               
                  0702
                  Loan guarantee subsidy
                  378
                  130
                  45
               
               
                  0705
                  Reestimates of direct loan subsidy
                  2
                  1
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  2
                  3
                  
               
               
                  0707
                  Reestimates of loan guarantee subsidy
                  643
                  223
                  
               
               
                  0708
                  Interest on reestimates of loan guarantee subsidy
                  207
                  79
                  
               
               
                  0709
                  Administrative expenses
                  140
                  152
                  148
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  1,379
                  593
                  195
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  77
                  24
                  22
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  77
                  24
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  12
                  22
                  10
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  89
                  46
                  32
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  485
                  263
                  196
               
               
                  1130
                  Appropriations permanently reduced
                  â25
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  460
                  263
                  196
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  854
                  306
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  854
                  306
                  
               
               
                  1900
                  Budget authority (total)
                  1,314
                  569
                  196
               
               
                  1930
                  Total budgetary resources available
                  1,403
                  615
                  228
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  24
                  22
                  33
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  156
                  228
                  149
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  1,379
                  593
                  195
               
               
                  3020
                  Outlays (gross)
                  â1,279
                  â650
                  â249
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â12
                  â22
                  â10
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â16
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  228
                  149
                  85
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  156
                  228
                  149
               
               
                  3200
                  Obligated balance, end of year
                  228
                  149
                  85
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  460
                  263
                  196
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  140
                  181
                  163
               
               
                  4011
                  Outlays from discretionary balances
                  285
                  163
                  86
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  425
                  344
                  249
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  854
                  306
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  854
                  306
                  
               
               
                  4180
                  Budget authority, net (total)
                  1,314
                  569
                  196
               
               
                  4190
                  Outlays, net (total)
                  1,279
                  650
                  249
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1154â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  7(m) Direct Microloans
                  43
                  25
                  25
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  43
                  25
                  25
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  7(m) Direct Microloans
                  15.71
                  18.64
                  10.12
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  15.71
                  18.64
                  10.12
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  7(m) Direct Microloans
                  7
                  5
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  7
                  5
                  3
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  7(m) Direct Microloans
                  4
                  9
                  2
               
               
                  134011
                  Intermediary Lending Program
                  4
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  8
                  9
                  2
               
               
                  
                  Direct loan upward reestimates:
               
               
                  135001
                  7(m) Direct Microloans
                  3
                  2
                  
               
               
                  135010
                  7(m) Direct Microloans â ARRA
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total upward reestimate budget authority
                  4
                  2
                  
               
               
                  
                  Direct loan downward reestimates:
               
               
                  137001
                  7(m) Direct Microloans
                  â5
                  â17
                  
               
               
                  137010
                  7(m) Direct Microloans â ARRA
                  
                  â5
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  137999
                  Total downward reestimate budget authority
                  â5
                  â22
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215002
                  7(a) General Business Loan Guarantees
                  15,710
                  15,667
                  15,649
               
               
                  215004
                  Section 504 Certified Development Companies Debentures
                  5,200
                  7,500
                  7,500
               
               
                  215006
                  SBIC Debentures
                  2,156
                  4,000
                  4,000
               
               
                  215010
                  Secondary Market Guarantee
                  4,490
                  12,000
                  12,000
               
               
                  215020
                  7(a) Dealer Floor Plan
                  141
                  
                  
               
               
                  215024
                  7(a) Revolvers
                  34,856
                  40,432
                  40,361
               
               
                  215027
                  504 Commercial Real Estate (CRE) Refinance Program
                  
                  
                  7,500
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  62,553
                  79,599
                  87,010
               
               
                  
                  Guaranteed loan subsidy (in percent):
               
               
                  232002
                  7(a) General Business Loan Guarantees
                  1.55
                  â0.16
                  â0.15
               
               
                  232004
                  Section 504 Certified Development Companies Debentures
                  2.02
                  1.71
                  0.60
               
               
                  232006
                  SBIC Debentures
                  0.00
                  0.00
                  0.00
               
               
                  232010
                  Secondary Market Guarantee
                  0.00
                  0.00
                  0.00
               
               
                  232020
                  7(a) Dealer Floor Plan
                  0.03
                  0.00
                  0.00
               
               
                  232024
                  7(a) Revolvers
                  0.08
                  0.06
                  0.05
               
               
                  232027
                  504 Commercial Real Estate (CRE) Refinance Program
                  0.00
                  0.00
                  0.00
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  232999
                  Weighted average subsidy rate
                  0.60
                  0.16
                  0.05
               
               
                  
                  Guaranteed loan subsidy budget authority:
               
               
                  233002
                  7(a) General Business Loan Guarantees
                  244
                  2
                  
               
               
                  233004
                  Section 504 Certified Development Companies Debentures
                  105
                  128
                  45
               
               
                  233024
                  7(a) Revolvers
                  28
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  233999
                  Total subsidy budget authority
                  377
                  130
                  45
               
               
                  
                  Guaranteed loan subsidy outlays:
               
               
                  234002
                  7(a) General Business Loan Guarantees
                  177
                  75
                  1
               
               
                  234004
                  Section 504 Certified Development Companies Debentures
                  47
                  101
                  98
               
               
                  234017
                  7(a) General Business Loan GuaranteesâARRA
                  1
                  
                  
               
               
                  234018
                  Section 504 Certified Development CompaniesâARRA
                  1
                  
                  
               
               
                  234024
                  7(a) Revolvers
                  39
                  8
                  
               
               
                  234026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  4
                  
                  
               
               
                  234028
                  7(a) Business Loan GuaranteesâARRA Extension
                  7
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  234999
                  Total subsidy outlays
                  276
                  184
                  99
               
               
                  
                  Guaranteed loan upward reestimates:
               
               
                  235002
                  7(a) General Business Loan Guarantees
                  161
                  122
                  
               
               
                  235003
                  7(a) General Business Loan GuaranteesâSTAR
                  3
                  3
                  
               
               
                  235004
                  Section 504 Certified Development Companies Debentures
                  121
                  8
                  
               
               
                  235006
                  SBIC Debentures
                  22
                  71
                  
               
               
                  235007
                  SBIC Participating Securities
                  470
                  68
                  
               
               
                  235008
                  SBIC New Market Venture Capital
                  11
                  
                  
               
               
                  235010
                  Secondary Market Guarantee
                  18
                  25
                  
               
               
                  235015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  2
                  
                  
               
               
                  235026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  10
                  
                  
               
               
                  235027
                  504 Commercial Real Estate (CRE) Refinance Program
                  31
                  6
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  235999
                  Total upward reestimate budget authority
                  849
                  303
                  
               
               
                  
                  Guaranteed loan downward reestimates:
               
               
                  237002
                  7(a) General Business Loan Guarantees
                  â472
                  â511
                  
               
               
                  237004
                  Section 504 Certified Development Companies Debentures
                  â64
                  â138
                  
               
               
                  237006
                  SBIC Debentures
                  â92
                  â40
                  
               
               
                  237007
                  SBIC Participating Securities
                  â22
                  â19
                  
               
               
                  237008
                  SBIC New Market Venture Capital
                  
                  â1
                  
               
               
                  237010
                  Secondary Market Guarantee
                  â20
                  â39
                  
               
               
                  237015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  
                  â5
                  
               
               
                  237016
                  ARC Loan GuaranteesâARRA
                  â25
                  â21
                  
               
               
                  237017
                  7(a) General Business Loan GuaranteesâARRA
                  â291
                  â24
                  
               
               
                  237018
                  Section 504 Certified Development CompaniesâARRA
                  â87
                  â66
                  
               
               
                  237021
                  7(a) Dealer Floor PlanâARRA
                  â1
                  â1
                  
               
               
                  237026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  â34
                  â76
                  
               
               
                  237027
                  504 Commercial Real Estate (CRE) Refinance Program
                  
                  â7
                  
               
               
                  237028
                  7(a) Business Loan GuaranteesâARRA Extension
                  â555
                  â113
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  237999
                  Total downward reestimate subsidy budget authority
                  â1,663
                  â1,061
                  
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  140
                  152
                  148
               
               
                  3590
                  Outlays from new authority
                  140
                  152
                  148
               
               
                  
                     
                  
               
            
         
      
      
         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 2015, the Budget proposes $195.2 million in new budget authority for the Business Loans Program account. This includes
            $147.7 million in administrative expenses funding, $45 million in credit subsidy for the guaranteed loan program authorized
            by Section 503 of the Small Business Investment Act of 1958, and $2.5 million in credit subsidy for the direct Microloan Program.
            
         
         The Section 7(a) program provides general business credit assistance at no subsidy cost to the taxpayer in 2015. The Budget
            supports $15.65 billion in 7(a) term loans and $1.85 billion for 7(a) revolving lines of credit, which are estimated to support
            $40.36 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 $17.5 billion.
            The 2015 Budget proposes to waive upfront and annual fees on all small business loans of $150,000 or less to spur lending
            in this market. The Budget also proposes to waive upfront fees on SBA Express loans to veterans between $150,000 and $350,000
            and a 50 percent waiver of upfront fees on all non-SBA Express loans to veterans above $150,000. 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 2015, the Budget proposes
            a program level of $12 billion in such securities.
         
         The guaranteed loan program authorized by Section 503 of the Small Business Investment Act of 1958 is for long-term, fixed-rate
            financing, and the requested guaranteed loan program level is $7.5 billion in 2015. In addition, the 2015 Budget proposes
            to reauthorize SBA's 504 Debt Refinancing program with a program level of $7.5 billion, which will help small business lock
            in low, long-term interest rates on commercial mortgage and equipment debts and free up resources that can be reinvested in
            their businesses. The Small Business Investment Company (SBIC) program provides credit to support venture capital investments.
            The Budget proposes a program level of $4 billion for SBIC Debentures and a $25 million program level for direct Microloans.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1154â0â1â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.2
                  Other services from non-Federal sources
                  140
                  152
                  148
               
               
                  41.0
                  Grants, subsidies, and contributions
                  1,239
                  441
                  47
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  1,379
                  593
                  195
               
               
                  
                     
                  
               
            
         
      
         Business Direct Loan Financing Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4148â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  43
                  25
                  25
               
               
                  0713
                  Payment of interest to Treasury
                  6
                  5
                  5
               
               
                  0715
                  Other
                  1
                  1
                  1
               
               
                  0742
                  Downward reestimate paid to receipt account
                  4
                  21
                  
               
               
                  0743
                  Interest on downward reestimates
                  1
                  2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  55
                  54
                  31
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  6
                  28
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  3
                  3
                  2
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â7
                  â15
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  2
                  16
                  
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  49
                  38
                  31
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1440
                  Borrowing authority, mandatory (total)
                  49
                  38
                  31
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  39
                  37
                  31
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  â2
                  
                  
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â5
                  â37
                  â31
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  32
                  
                  
               
               
                  1900
                  Financing authority (total)
                  81
                  38
                  31
               
               
                  1930
                  Total budgetary resources available
                  83
                  54
                  31
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  28
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  56
                  54
                  49
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  55
                  54
                  31
               
               
                  3020
                  Financing disbursements (gross)
                  â54
                  â56
                  â35
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â3
                  â3
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  54
                  49
                  43
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â12
                  â10
                  â10
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â10
                  â10
                  â10
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  44
                  44
                  39
               
               
                  3200
                  Obligated balance, end of year
                  44
                  39
                  33
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  81
                  38
                  31
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Financing disbursements, gross
                  54
                  56
                  35
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Federal sources: Payments from program account
                  â8
                  â7
                  â2
               
               
                  4120
                  Upward reestimate
                  â2
                  â1
                  
               
               
                  4120
                  Interest on reestimate
                  â2
                  â3
                  
               
               
                  4122
                  Interest on uninvested funds
                  â3
                  â3
                  â7
               
               
                  4123
                  Repayments of principal, net
                  â24
                  â23
                  â20
               
               
                  4123
                  Other income
                  
                  
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â39
                  â37
                  â31
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Financing authority, net (mandatory)
                  44
                  1
                  
               
               
                  4170
                  Financing disbursements, net (mandatory)
                  15
                  19
                  4
               
               
                  4180
                  Financing authority, net (total)
                  44
                  1
                  
               
               
                  4190
                  Financing disbursements, net (total)
                  15
                  19
                  4
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4148â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1121
                  Limitation available from carry-forward
                  23
                  
                  
               
               
                  1131
                  Direct loan obligations exempt from limitation
                  22
                  25
                  25
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  43
                  25
                  25
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  144
                  164
                  170
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  43
                  28
                  28
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â23
                  â22
                  â22
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  164
                  170
                  176
               
               
                  
                     
                  
               
            
         
      
      
         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
                  2012 actual
                  2013 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  42
                  63
               
               
                  
                  Investments in US securities:
               
               
                  1106
                  Receivables, net
                  3
                  1
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  144
                  164
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â34
                  â18
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  110
                  146
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  155
                  210
               
               
                  
                  LIABILITIES:
               
               
                  2103
                  Federal liabilities: Debt
                  155
                  210
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  155
                  210
               
               
                  
                     
                  
               
            
         
      
         Business Guaranteed Loan Financing Account                                                                               
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4149â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Other Expenses
                  28
                  50
                  75
               
               
                  
                  Credit program obligations:
               
               
                  0711
                  Default claim payments on principal
                  2,110
                  2,200
                  2,600
               
               
                  0712
                  Default claim payments on interest
                  173
                  175
                  20
               
               
                  0713
                  Payment of interest to Treasury
                  62
                  70
                  100
               
               
                  0742
                  Downward reestimate paid to receipt account
                  1,503
                  939
                  
               
               
                  0743
                  Interest on downward reestimates
                  161
                  122
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  4,009
                  3,506
                  2,720
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  4,037
                  3,556
                  2,795
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4,713
                  3,592
                  2,472
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â557
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  4,156
                  3,592
                  2,472
               
               
                  
                  Financing authority:
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  3,398
                  2,436
                  2,122
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  75
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  3,473
                  2,436
                  2,122
               
               
                  1900
                  Financing authority (total)
                  3,473
                  2,436
                  2,122
               
               
                  1930
                  Total budgetary resources available
                  7,629
                  6,028
                  4,594
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  3,592
                  2,472
                  1,799
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  40
                  40
                  997
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  4,037
                  3,556
                  2,795
               
               
                  3020
                  Financing disbursements (gross)
                  â4,037
                  â2,599
                  â2,599
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  40
                  997
                  1,193
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â144
                  â219
                  â219
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  â75
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â219
                  â219
                  â219
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  â104
                  â179
                  778
               
               
                  3200
                  Obligated balance, end of year
                  â179
                  778
                  974
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  3,473
                  2,436
                  2,122
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Financing disbursements, gross
                  4,037
                  2,599
                  2,599
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â276
                  â184
                  â99
               
               
                  4120
                  Upward reestimate
                  â643
                  â223
                  
               
               
                  4120
                  Interest on reestimate
                  â207
                  â79
                  
               
               
                  4122
                  Interest on uninvested funds
                  â110
                  â110
                  â190
               
               
                  4123
                  Fees
                  â2,162
                  â1,000
                  â835
               
               
                  4123
                  Principal
                  
                  â840
                  â998
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â3,398
                  â2,436
                  â2,122
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â75
                  
                  
               
               
                  4170
                  Financing disbursements, net (mandatory)
                  639
                  163
                  477
               
               
                  4190
                  Financing disbursements, net (total)
                  639
                  163
                  477
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4149â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2111
                  Limitation on guaranteed loans made by private lenders
                  40,000
                  39,167
                  46,649
               
               
                  2121
                  Limitation available from carry-forward
                  
                  
                  
               
               
                  2131
                  Guaranteed loan commitments exempt from limitation
                  35,057
                  40,432
                  40,361
               
               
                  2142
                  Uncommitted loan guarantee limitation
                  â12,504
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  62,553
                  79,599
                  87,010
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  23,914
                  33,744
                  33,744
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  87,410
                  93,094
                  100,544
               
               
                  2231
                  Disbursements of new guaranteed loans
                  21,660
                  22,871
                  22,871
               
               
                  2251
                  Repayments and prepayments
                  â13,357
                  â12,658
                  â12,658
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  â2,445
                  â2,600
                  â2,600
               
               
                  2263
                  Terminations for default that result in claim payments
                  â143
                  â163
                  â163
               
               
                  2264
                  Other adjustments, net
                  â31
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  93,094
                  100,544
                  107,994
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  79,054
                  85,966
                  85,966
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  8,611
                  8,117
                  7,722
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  2,084
                  2,350
                  2,350
               
               
                  2351
                  Repayments of loans receivable
                  â835
                  â729
                  â729
               
               
                  2361
                  Write-offs of loans receivable
                  â1,955
                  â2,016
                  â2,016
               
               
                  2364
                  Other adjustments, net
                  212
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  8,117
                  7,722
                  7,327
               
               
                  
                     
                  
               
            
         
      
      
         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
                  2012 actual
                  2013 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  4,562
                  3,401
               
               
                  
                  Investments in US securities:
               
               
                  1106
                  Receivables, net
                  843
                  323
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  70
                  82
               
               
                  
                  Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
               
               
                  1501
                  Defaulted guaranteed loans receivable, gross
                  8,611
                  8,117
               
               
                  1504
                  Foreclosed property
                  38
                  40
               
               
                  1505
                  Allowance for subsidy cost (-)
                  â6,940
                  â6,644
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1599
                  Net present value of assets related to defaulted guaranteed loans
                  1,709
                  1,513
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  7,184
                  5,319
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  1,767
                  1,245
               
               
                  2105
                  Other
                  1,658
                  1,053
               
               
                  
                  Non-Federal liabilities:
               
               
                  2201
                  Accounts payable
                  33
                  34
               
               
                  2204
                  Liabilities for loan guarantees
                  3,726
                  2,987
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  7,184
                  5,319
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  7,184
                  5,319
               
               
                  
                     
                  
               
            
         
      
         Business Loan Fund Liquidating Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Guaranteed loan default claims
                  
                  3
                  3
               
               
                  0006
                  Interest to UST
                  1
                  3
                  3
               
               
                  0007
                  Other Expenses
                  
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0600
                  Direct program activities, subtotal
                  1
                  8
                  8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  1
                  8
                  8
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  11
                  20
                  
               
               
                  1022
                  Capital transfer of unobligated balances to general fund
                  â11
                  â20
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  2
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  2
                  2
                  2
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  19
                  6
                  6
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  19
                  6
                  6
               
               
                  1900
                  Budget authority (total)
                  21
                  8
                  8
               
               
                  1930
                  Total budgetary resources available
                  21
                  8
                  8
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  20
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  5
                  3
                  3
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  1
                  8
                  8
               
               
                  3020
                  Outlays (gross)
                  â3
                  â8
                  â8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  3
                  3
                  3
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  5
                  3
                  3
               
               
                  3200
                  Obligated balance, end of year
                  3
                  3
                  3
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  21
                  8
                  8
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  1
                  8
                  8
               
               
                  4101
                  Outlays from mandatory balances
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  3
                  8
                  8
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â19
                  â6
                  â6
               
               
                  4180
                  Budget authority, net (total)
                  2
                  2
                  2
               
               
                  4190
                  Outlays, net (total)
                  â16
                  2
                  2
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  11
                  11
                  8
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â7
                  â1
                  â1
               
               
                  
                  Write-offs for default:
               
               
                  1263
                  Direct loans
                  
                  â2
                  â2
               
               
                  1264
                  Other adjustments, net (+ or -)
                  7
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  11
                  8
                  5
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  24
                  13
                  4
               
               
                  2251
                  Repayments and prepayments
                  â10
                  â8
                  â1
               
               
                  2261
                  Adjustments: Terminations for default that result in loans receivable
                  â1
                  â1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  13
                  4
                  3
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  11
                  3
                  3
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  27
                  10
                  7
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  
                  3
                  3
               
               
                  2351
                  Repayments of loans receivable
                  â10
                  â4
                  â3
               
               
                  2361
                  Write-offs of loans receivable
                  â2
                  â2
                  â1
               
               
                  2364
                  Other adjustments, net
                  â5
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  10
                  7
                  6
               
               
                  
                     
                  
               
            
         
      
      
         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
                  2012 actual
                  2013 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  16
                  23
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  6
                  4
               
               
                  1601
                  Direct loans, gross
                  11
                  11
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â1
                  â7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  10
                  4
               
               
                  1701
                  Defaulted guaranteed loans, gross
                  27
                  10
               
               
                  1703
                  Allowance for estimated uncollectible loans and interest (-)
                  â20
                  â10
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1799
                  Value of assets related to loan guarantees
                  7
                  
               
               
                  
                  Other Federal assets:
               
               
                  1801
                  Cash and other monetary assets
                  
                  4
               
               
                  1901
                  Other assets
                  6
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  45
                  35
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2102
                  Interest payable
                  4
                  
               
               
                  2104
                  Resources payable to Treasury
                  40
                  32
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  1
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  45
                  35
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  45
                  35
               
               
                  
                     
                  
               
            
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4154â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  33.0
                  Investments and loans
                  1
                  3
                  3
               
               
                  43.0
                  Interest and dividends
                  
                  5
                  5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  1
                  8
                  8
               
               
                  
                     
                  
               
            
         
      
         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, [$191,900,000] $186,858,000, 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 [$181,900,000] $176,858,000 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 $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, of the funds provided herein, $154,636,000 shall be for major disasters declared pursuant to the Robert
            T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5122(2)); $147,187,970 is for direct administrative expenses
            of loan making and servicing to carry out the direct loan program; and $7,448,030 is for indirect administrative expenses
            for the direct loan program: Provided further, That the amount for major disasters under this heading 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, 2014.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1152â0â1â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  146
                  93
                  136
               
               
                  0705
                  Reestimates of direct loan subsidy
                  24
                  35
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  12
                  4
                  
               
               
                  0709
                  Administrative expenses
                  427
                  192
                  187
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  609
                  324
                  323
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  444
                  731
                  657
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  444
                  731
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  9
                  20
                  20
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  453
                  751
                  677
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  117
                  192
                  32
               
               
                  1100
                  Appropriation-Discretionary, Emergency pursuant to 2011 Budget Control Act, Appropriations Committee-ADMIN
                  259
                  
                  
               
               
                  1100
                  Appropriation-Discretionary, Emergency pursuant to 2011 Budget Control Act, Appropriations Committee-SUBSIDY
                  520
                  
                  
               
               
                  1100
                  Appropriation-Discretionary, Disaster Relief pursuant to 2011 Budget Control Act, Appropriations Committee
                  
                  
                  155
               
               
                  1130
                  Appropriations permanently reduced
                  â45
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  851
                  192
                  187
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  36
                  38
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  36
                  38
                  
               
               
                  1900
                  Budget authority (total)
                  887
                  230
                  187
               
               
                  1930
                  Total budgetary resources available
                  1,340
                  981
                  864
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  731
                  657
                  541
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  21
                  67
                  41
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  609
                  324
                  323
               
               
                  3020
                  Outlays (gross)
                  â554
                  â330
                  â315
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â9
                  â20
                  â20
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  67
                  41
                  29
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  21
                  67
                  41
               
               
                  3200
                  Obligated balance, end of year
                  67
                  41
                  29
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  851
                  192
                  187
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  395
                  192
                  187
               
               
                  4011
                  Outlays from discretionary balances
                  123
                  100
                  128
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  518
                  292
                  315
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  36
                  38
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  36
                  38
                  
               
               
                  4180
                  Budget authority, net (total)
                  887
                  230
                  187
               
               
                  4190
                  Outlays, net (total)
                  554
                  330
                  315
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1152â0â1â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  Disaster Assistance Loans
                  1,317
                  1,100
                  1,100
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  1,317
                  1,100
                  1,100
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  Disaster Assistance Loans
                  11.11
                  8.48
                  12.37
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  11.11
                  8.48
                  12.37
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  Disaster Assistance Loans
                  146
                  93
                  136
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  146
                  93
                  136
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  Disaster Assistance Loans
                  91
                  50
                  88
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  91
                  50
                  88
               
               
                  
                  Direct loan upward reestimates:
               
               
                  135001
                  Disaster Assistance Loans
                  36
                  38
                  
               
               
                  135002
                  Economic Injury Disaster LoansâTerrorist Attack
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total upward reestimate budget authority
                  37
                  38
                  
               
               
                  
                  Direct loan downward reestimates:
               
               
                  137001
                  Disaster Assistance Loans
                  â24
                  â37
                  
               
               
                  137002
                  Economic Injury Disaster LoansâTerrorist Attack
                  â3
                  â3
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  137999
                  Total downward reestimate budget authority
                  â27
                  â40
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215001
                  Immediate Disaster Assistance
                  
                  
                  18
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  
                  
                  18
               
               
                  
                  Guaranteed loan subsidy (in percent):
               
               
                  232001
                  Immediate Disaster Assistance
                  0.00
                  0.00
                  1.93
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  232999
                  Weighted average subsidy rate
                  0.00
                  0.00
                  1.93
               
               
                  
                  Guaranteed loan downward reestimates:
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  357
                  192
                  187
               
               
                  3590
                  Outlays from new authority
                  357
                  192
                  187
               
               
                  
                     
                  
               
            
         
      
      
         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 2015, 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
            2015 loan approvals. However, the Budget does request $154.6 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) and $32.2 million for administrative expenses related to non-major disasters. The funding for major disasters 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.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â1152â0â1â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.2
                  Other services from non-Federal sources
                  427
                  192
                  187
               
               
                  41.0
                  Grants, subsidies, and contributions
                  182
                  132
                  136
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations
                  609
                  324
                  323
               
               
                  
                     
                  
               
            
         
      
         Disaster Direct Loan Financing Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4150â0â3â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0003
                  Other
                  11
                  12
                  12
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  1,317
                  1,100
                  1,100
               
               
                  0713
                  Payment of interest to Treasury
                  295
                  500
                  500
               
               
                  0742
                  Downward reestimate paid to receipt account
                  23
                  30
                  
               
               
                  0743
                  Interest on downward reestimates
                  4
                  10
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  1,639
                  1,640
                  1,600
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations
                  1,650
                  1,652
                  1,612
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  50
                  517
                  557
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  79
                  99
                  99
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â32
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  97
                  616
                  656
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  1,471
                  1,047
                  1,007
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1440
                  Borrowing authority, mandatory (total)
                  1,471
                  1,047
                  1,007
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  1,103
                  1,046
                  1,046
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  47
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â500
                  â500
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â551
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  599
                  546
                  546
               
               
                  1900
                  Financing authority (total)
                  2,070
                  1,593
                  1,553
               
               
                  1930
                  Total budgetary resources available
                  2,167
                  2,209
                  2,209
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  517
                  557
                  597
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  182
                  607
                  227
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  1,650
                  1,652
                  1,612
               
               
                  3020
                  Financing disbursements (gross)
                  â1,146
                  â1,933
                  â1,740
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â79
                  â99
                  â99
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  607
                  227
                  
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â21
                  â68
                  â68
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  â47
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â68
                  â68
                  â68
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  161
                  539
                  159
               
               
                  3200
                  Obligated balance, end of year
                  539
                  159
                  â68
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  2,070
                  1,593
                  1,553
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Financing disbursements, gross
                  1,146
                  1,933
                  1,740
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â91
                  â88
                  â88
               
               
                  4120
                  Upward reestimate
                  â24
                  
                  
               
               
                  4120
                  Interest on upward reestimate
                  â12
                  
                  
               
               
                  4122
                  Interest income from Treasury
                  â54
                  â230
                  â230
               
               
                  4123
                  Repayments of principal, net
                  â922
                  â728
                  â728
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â1,103
                  â1,046
                  â1,046
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â47
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Financing authority, net (mandatory)
                  920
                  547
                  507
               
               
                  4170
                  Financing disbursements, net (mandatory)
                  43
                  887
                  694
               
               
                  4180
                  Financing authority, net (total)
                  920
                  547
                  507
               
               
                  4190
                  Financing disbursements, net (total)
                  43
                  887
                  694
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4150â0â3â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1121
                  Limitation available from carry-forward
                  4,188
                  4,188
                  4,188
               
               
                  1131
                  Direct loan obligations exempt from limitation
                  1,317
                  1,100
                  1,100
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â4,188
                  â4,188
                  â4,188
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  1,317
                  1,100
                  1,100
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  7,210
                  7,206
                  7,122
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  816
                  704
                  1,040
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â650
                  â614
                  â600
               
               
                  
                  Write-offs for default:
               
               
                  1263
                  Direct loans
                  â174
                  â174
                  â172
               
               
                  1264
                  Other adjustments, net (+ or -)
                  4
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  7,206
                  7,122
                  7,390
               
               
                  
                     
                  
               
            
         
      
      
         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
                  2012 actual
                  2013 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  222
                  836
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  7,210
                  7,206
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â1,402
                  â1,344
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  5,808
                  5,862
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  6,030
                  6,698
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  6,028
                  6,696
               
               
                  2105
                  Other
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  6,030
                  6,698
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  6,030
                  6,698
               
               
                  
                     
                  
               
            
         
      
         Disaster Loans Guaranteed Loan Financing Account                                                                         
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4293â0â3â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Financing authority:
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  
                  
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  
                  
                  1
               
               
                  1900
                  Financing authority (total)
                  
                  
                  1
               
               
                  1930
                  Total budgetary resources available
                  
                  
                  1
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  
                  
                  1
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Financing authority, gross
                  
                  
                  1
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  
                  
                  â1
               
               
                  4190
                  Financing disbursements, net (total)
                  
                  
                  â1
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4293â0â3â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2121
                  Limitation available from carry-forward
                  75
                  75
                  75
               
               
                  2143
                  Uncommitted limitation carried forward
                  â75
                  â75
                  â57
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  
                  
                  18
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  
                  
                  15
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  
                  
                  
               
               
                  2231
                  Disbursements of new guaranteed loans
                  
                  
                  18
               
               
                  2251
                  Repayments and prepayments
                  
                  
                  â15
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  
                  
                  3
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  
                  
                  2
               
               
                  
                     
                  
               
            
         
      
      
         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
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0101
                  Interest expense to Treasury
                  
                  4
                  1
               
               
                  0103
                  Other Expenses
                  
                  3
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations (object class 25.2)
                  
                  7
                  1
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4
                  3
                  
               
               
                  1022
                  Capital transfer of unobligated balances to general fund
                  â4
                  â3
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  2
                  2
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  2
                  2
                  1
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  1
                  5
                  4
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  
                  â4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  1
                  5
                  
               
               
                  1900
                  Budget authority (total)
                  3
                  7
                  1
               
               
                  1930
                  Total budgetary resources available
                  3
                  7
                  1
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  3
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  
                  
                  2
               
               
                  3010
                  Obligations incurred, unexpired accounts
                  
                  7
                  1
               
               
                  3020
                  Outlays (gross)
                  
                  â5
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  
                  2
                  3
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  
                  
                  2
               
               
                  3200
                  Obligated balance, end of year
                  
                  2
                  3
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  3
                  7
                  1
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  5
                  
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â1
                  â5
                  â4
               
               
                  4180
                  Budget authority, net (total)
                  2
                  2
                  â3
               
               
                  4190
                  Outlays, net (total)
                  â1
                  
                  â4
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4153â0â3â453
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  7
                  5
                  3
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â1
                  â2
                  â2
               
               
                  1263
                  Write-offs for default: Direct loans
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  5
                  3
                  1
               
               
                  
                     
                  
               
            
         
      
      
         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
                  2012 actual
                  2013 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  4
                  4
               
               
                  1601
                  Direct loans, net
                  7
                  5
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  6
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  10
                  8
               
               
                  
                  LIABILITIES:
               
               
                  2104
                  Federal liabilities: Resources payable to Treasury
                  10
                  8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  10
                  8
               
               
                  
                     
                  
               
            
         
      
         Pollution Control Equipment Fund Liquidating Account                                                                     
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 73â4147â0â3â376
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  
                  Budgetary Resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  2
                  1
                  
               
               
                  1022
                  Capital transfer of unobligated balances to general fund
                  â2
                  â1
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  1
                  1
                  1
               
               
                  1239
                  Appropriations substituted for borrowing authority
                  
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  1
                  
                  
               
               
                  1900
                  Budget authority (total)
                  1
                  
                  
               
               
                  1930
                  Total budgetary resources available
                  1
                  
                  
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  1
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  1
                  
                  
               
               
                  4180
                  Budget authority, net (total)
                  1
                  
                  
               
               
                  
                     
                  
               
            
         
      
      
         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
                  2012 actual
                  2013 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  2
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  2
                  1
               
               
                  
                  LIABILITIES:
               
               
                  2104
                  Federal liabilities: Resources payable to Treasury
                  2
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  2
                  1
               
               
                  
                     
                  
               
            
         
      
         GENERAL FUND RECEIPT ACCOUNTS                                                                                            
            
         (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2013 actual
                  2014 est.
                  2015 est.
               
               
                  
                     
                  
               
               
                  Offsetting receipts from the public:
               
               
                  73â272130
                  Disaster Loan Program, Downward Reestimates of Subsidies
                  27
                  40
                  
               
               
                  73â272230
                  Business Loan Program, Downward Reestimates of Subsidies
                  1,670
                  1,084
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  General Fund Offsetting receipts from the public
                  1,697
                  1,124
                  
               
               
                  
                     
                  
               
            
         
      
      
         
      
         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.  (a) Section 1122(b) of the Small Business Jobs Act of 2010 (15 U.S.C. 696 note) is repealed. (b) Subparagraph (C) of section
            502(7) of the Small Business Investment Act of 1958 (15 U.S.C 696(7)), as in effect on September 25, 2012, shall be in effect
            during fiscal year 2015.  (Financial Services and General Government Appropriations Act, 2014.)