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

             <h1>SMALL BUSINESS ADMINISTRATION

             </h1>

          SMALL BUSINESS ADMINISTRATION

          Federal Funds
             Small Business Administration
             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, [$257,000,000, of which not less than $12,000,000 shall be available for examinations, reviews, and other lender oversight
             activities] $281,938,000: 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 108–447, during fiscal year [2015]2016: Provided further, That $6,100,000 shall be available for the Loan Modernization and Accounting System, to be available until September 30,
             [2016: 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)]2017: Provided further, That $1,000,000 shall be used for a Digital Service team to ensure the effectiveness of the agency's
                digital services for high-priority programs: Provided further, That $2,475,000 shall be used to support the agency's activities
                related to implementation of the Digital Accountability and Transparency Act (DATA Act; Public Law 113–101; 31 U.S.C. 6101
                note), to include changes in business processes, workforce, or information technology to support high quality, transparent
                Federal spending information, of which $475,000 shall be available to support the agency's implementation of a uniform procurement
                instrument identifier as described in 48 C.F.R. subpart 4.16. (Financial Services and General Government Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 073–0100–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Executive direction
                      79
                      76
                      80

                      0002
                      Capital Access
                      79
                      78
                      86

                      0003
                      Gov. Contracting/ Bus. Development
                      25
                      24
                      25

                      0004
                      Entrepreneurial Development
                      9
                      8
                      13

                      0005
                      Cheif Operating Office
                      21
                      21
                      23

                      0006
                      Office of Chief Information Officer
                      35
                      35
                      39

                      0007
                      Regional & district offices
                      100
                      100
                      102

                      0008
                      Agency wide costs
                      54
                      60
                      64

                      0009
                      Non credit programs
                      4

                      0012
                      Disaster
                      196
                      177
                      177

                      0013
                      Investment & Innovation
                      19
                      18
                      18

                      0014
                      International Trade
                      6
                      6
                      6

                      0900
                      Total new obligations
                      627
                      603
                      633

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      237
                      236
                      236

                      1021
                      Recoveries of prior year unpaid obligations
                      19

                      1050
                      Unobligated balance (total)
                      256
                      236
                      236

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      250
                      257
                      282

                      1120
                      Appropriations transferred to other accts [073–0400]
                      –1

                      1160
                      Appropriation, discretionary (total)
                      249
                      257
                      282

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      191
                      186
                      186

                      1700
                      Collected
                      170
                      160
                      165

                      1750
                      Spending auth from offsetting collections, disc (total)
                      361
                      346
                      351

                      1900
                      Budget authority (total)
                      610
                      603
                      633

                      1930
                      Total budgetary resources available
                      866
                      839
                      869

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –3

                      1941
                      Unexpired unobligated balance, end of year
                      236
                      236
                      236

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      338
                      202
                      171

                      3010
                      Obligations incurred, unexpired accounts
                      627
                      603
                      633

                      3011
                      Obligations incurred, expired accounts
                      8

                      3020
                      Outlays (gross)
                      –730
                      –634
                      –630

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –19

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –22

                      3050
                      Unpaid obligations, end of year
                      202
                      171
                      174

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      338
                      202
                      171

                      3200
                      Obligated balance, end of year
                      202
                      171
                      174

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      610
                      603
                      633

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      498
                      401
                      418

                      4011
                      Outlays from discretionary balances
                      232
                      233
                      212

                      4020
                      Outlays, gross (total)
                      730
                      634
                      630

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Baseline Program [Text]
                      –345
                      –334
                      –339

                      4033
                      Baseline Program [Text]
                      –16
                      –12
                      –12

                      4040
                      Offsets against gross budget authority  and outlays (total)
                      –361
                      –346
                      –351

                      4070
                      Budget authority, net (discretionary)
                      249
                      257
                      282

                      4080
                      Outlays, net (discretionary)
                      369
                      288
                      279

                      4180
                      Budget authority, net (total)
                      249
                      257
                      282

                      4190
                      Outlays, net (total)
                      369
                      288
                      279

             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 2016 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, as well as activities related to implementation of the Digital Accountability
                and Transparency Act.

             The President is again asking Congress to revive an authority enabling him to submit fast-track proposals to reorganize or
                consolidate Federal programs and agencies in order to reduce the size of Government or cut costs. The Budget includes a variety
                of proposed reforms across government designed to drive efficiency and accountability, prevent duplication, and make government
                work better and smarter for the American people. One of these reorganizations the President would propose with this authority
                reiterates his previous proposal to consolidate Federal business and trade programs into one more efficient and effective
                department dedicated to promoting U.S. competitiveness, exports, and American businesses and jobs. The proposal would integrate
                the six Federal agencies that focus primarily on business and trade, along with other related programs. These include the
                Department of Commerce's core business and trade functions, the Small Business Administration, the Office of the U.S. Trade
                Representative, the Export-Import Bank, the Overseas Private Investment Corporation, and the U.S. Trade and Development Agency,
                as well as rural business programs at the Department of Agriculture, Treasury's Community Development Financial Institution
                Program, and statistical agencies at the Department of Labor and National Science Foundation. To strengthen the new department's
                focus on business and economic growth, the National Oceanic and Atmospheric Administration would be consolidated into the
                Department of Interior, strengthening stewardship and conservation efforts and enhancing scientific resources. The Budget
                schedules for these agencies and programs continue to reflect them in their current alignment.

          Object Classification (in millions of dollars)

                      Identification code 073–0100–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      204
                      207
                      210

                      11.3
                      Other than full-time permanent
                      4
                      5
                      6

                      11.5
                      Other personnel compensation
                      1
                      1
                      2

                      11.9
                      Total personnel compensation
                      209
                      213
                      218

                      12.1
                      Civilian personnel benefits
                      65
                      67
                      72

                      21.0
                      Travel and transportation of persons
                      4
                      4
                      4

                      23.1
                      Rental payments to GSA
                      35
                      42
                      45

                      23.3
                      Communications, utilities, and miscellaneous charges
                      7
                      8
                      8

                      24.0
                      Printing and reproduction
                      1
                      1
                      1

                      25.2
                      Other services from non-Federal sources
                      103
                      86
                      103

                      25.3
                      Other purchases of goods and services from Government accounts (Disaster Administrative Expenses)
                      196
                      177
                      177

                      26.0
                      Supplies and materials
                      2
                      3
                      3

                      31.0
                      Equipment
                      1
                      1
                      1

                      41.0
                      Grants, subsidies, and contributions
                      4

                      99.0
                      Direct obligations
                      627
                      602
                      632

                      99.0
                      Reimbursable obligations

                      1
                      1

                      99.9
                      Total new obligations
                      627
                      603
                      633

          Employment Summary

                      Identification code 073–0100–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      3,104
                      3,109
                      3,125

             office of inspector generalFor necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978,
             [$19,400,000] $19,900,000. (Financial Services and General Government Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 073–0200–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Audit
                      6
                      8
                      9

                      0002
                      Investigations
                      9
                      10
                      10

                      0003
                      Management policy
                      2
                      2
                      2

                      0004
                      General Office/Legal Counsel
                      1
                      1
                      1

                      0900
                      Total new obligations
                      18
                      21
                      22

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      7
                      7
                      6

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      19
                      19
                      20

                      1160
                      Appropriation, discretionary (total)
                      19
                      19
                      20

                      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)
                      20
                      20
                      21

                      1930
                      Total budgetary resources available
                      27
                      27
                      27

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –2

                      1941
                      Unexpired unobligated balance, end of year
                      7
                      6
                      5

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      2
                      2
                      2

                      3010
                      Obligations incurred, unexpired accounts
                      18
                      21
                      22

                      3020
                      Outlays (gross)
                      –18
                      –21
                      –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
                      20
                      20
                      21

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      17
                      18
                      19

                      4011
                      Outlays from discretionary balances
                      1
                      3
                      3

                      4020
                      Outlays, gross (total)
                      18
                      21
                      22

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4030
                      Baseline Program [Disaster Transfer]
                      –1
                      –1
                      –1

                      4180
                      Budget authority, net (total)
                      19
                      19
                      20

                      4190
                      Outlays, net (total)
                      17
                      20
                      21

             The 2016 Budget proposes $19.9 million in new budget authority and $1 million transferred from the Disaster Loans Program
                account for a total of $20.9 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 073–0200–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      Personnel compensation:

                      11.1
                      Full-time permanent
                      10
                      11
                      11

                      11.5
                      Other personnel compensation
                      1
                      1
                      1

                      11.9
                      Total personnel compensation
                      11
                      12
                      12

                      12.1
                      Civilian personnel benefits
                      4
                      4
                      5

                      25.2
                      Other services
                      3
                      4
                      4

                      99.0
                      Direct obligations
                      18
                      20
                      21

                      99.0
                      Reimbursable obligations

                      1
                      1

                      99.9
                      Total new obligations
                      18
                      21
                      22

          Employment Summary

                      Identification code 073–0200–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      93
                      109
                      110

             Office of AdvocacyFor necessary expenses of the Office of Advocacy in carrying out the provisions of title II of Public Law 94–305 (15 U.S.C.
             634a et seq.) and the Regulatory Flexibility Act of 1980 (5 U.S.C. 601 et seq.), $9,120,000, to remain available until expended. (Financial Services and General Government Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 073–0300–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Office of Advocacy (Direct)
                      9
                      9
                      9

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1
                      1
                      1

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      9
                      9
                      9

                      1160
                      Appropriation, discretionary (total)
                      9
                      9
                      9

                      1930
                      Total budgetary resources available
                      10
                      10
                      10

                      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
                      9

                      3020
                      Outlays (gross)
                      –9
                      –8
                      –8

                      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
                      9

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      8
                      8
                      8

                      4011
                      Outlays from discretionary balances
                      1

                      4020
                      Outlays, gross (total)
                      9
                      8
                      8

                      4180
                      Budget authority, net (total)
                      9
                      9
                      9

                      4190
                      Outlays, net (total)
                      9
                      8
                      8

             The 2016 Budget proposes $9.120 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 the funding
                authorization in Section 1602 (c) of the Small Business 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 073–0300–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      11.1
                      Personnel compensation: Full-time permanent
                      6
                      6
                      6

                      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
                      9

          Employment Summary

                      Identification code 073–0300–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      46
                      46
                      46

             Entrepreneurial Development ProgramsFor necessary expenses of programs supporting entrepreneurial and small business development, [$220,000,000] $206,250,000, to remain available until September 30, [2016]2017: Provided, That $115,000,000  shall be available to fund grants for performance in fiscal year [2015]2016 or fiscal year [2016]2017 as authorized by section 21 of the Small Business Act: Provided further, That [$22,300,000] $25,000,000 shall be 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 $17,400,000 shall be available for grants to States to carry out export programs that assist small business concerns
             authorized under section 1207 of Public Law 111–240]. (Financial Services and General Government Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 073–0400–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0001
                      Non-Credit Programs
                      192
                      220
                      206

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1

                      4
                      4

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      196
                      220
                      206

                      1121
                      Appropriations transferred from other acct [073–0100]
                      1

                      1160
                      Appropriation, discretionary (total)
                      197
                      220
                      206

                      1930
                      Total budgetary resources available
                      197
                      224
                      210

                      Memorandum (non-add) entries:

                      1940
                      Unobligated balance expiring
                      –1

                      1941
                      Unexpired unobligated balance, end of year
                      4
                      4
                      4

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      137
                      170

                      3010
                      Obligations incurred, unexpired accounts
                      192
                      220
                      206

                      3020
                      Outlays (gross)
                      –55
                      –187
                      –169

                      3050
                      Unpaid obligations, end of year
                      137
                      170
                      207

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      137
                      170

                      3200
                      Obligated balance, end of year
                      137
                      170
                      207

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      197
                      220
                      206

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      55
                      77
                      72

                      4011
                      Outlays from discretionary balances

                      110
                      97

                      4020
                      Outlays, gross (total)
                      55
                      187
                      169

                      4180
                      Budget authority, net (total)
                      197
                      220
                      206

                      4190
                      Outlays, net (total)
                      55
                      187
                      169

             For 2016, this account supports SBA's core counseling, training and technical assistance programs, including Small Business
                Development Centers, SCORE, Women's Business Centers and Microloan technical assistance, as well as various entrepreneurial
                development initiatives.  Some of the 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 other place-based initiatives, such as the
                Regional Innovation Clusters and Growth Accelerator initiatives, as well as various outreach and contracting activities.

          Object Classification (in millions of dollars)

                      Identification code 073–0400–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      11.1
                      Personnel compensation: Full-time permanent
                      2
                      3
                      3

                      12.1
                      Civilian personnel benefits
                      1
                      1
                      1

                      25.2
                      Other services from non-Federal sources
                      16
                      16
                      16

                      41.0
                      Grants, subsidies, and contributions
                      173
                      200
                      186

                      99.9
                      Total new obligations
                      192
                      220
                      206

          Employment Summary

                      Identification code 073–0400–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      1001
                      Direct civilian full-time equivalent employment
                      24
                      29
                      31

             Surety Bond Guarantees Revolving Fund

             Program and Financing (in millions of dollars)

                      Identification code 073–4156–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0801
                      Reimbursable obligations
                      11
                      15
                      17

                      0900
                      Total new obligations
                      11
                      15
                      17

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      73
                      81
                      81

                      Budget authority:

                      Spending authority from offsetting collections, discretionary:

                      1700
                      Collected
                      19
                      15
                      17

                      1750
                      Spending auth from offsetting collections, disc (total)
                      19
                      15
                      17

                      1900
                      Budget authority (total)
                      19
                      15
                      17

                      1930
                      Total budgetary resources available
                      92
                      96
                      98

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      81
                      81
                      81

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts
                      11
                      15
                      17

                      3020
                      Outlays (gross)
                      –11
                      –15
                      –17

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      19
                      15
                      17

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      11
                      15
                      17

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4033
                      Non-Federal sources
                      –19
                      –15
                      –17

                      4190
                      Outlays, net (total)
                      –8

             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 2016. Therefore,
                no new appropriated funds are requested in the Budget.

             Business loans program account
             (including transfer of funds)For the cost of direct loans, [$2,500,000] $3,338,172, 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
             85–699), $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 [2015]2016 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 [2015]2016 commitments for general business loans authorized under section 7(a) of the Small Business Act shall not exceed [$18,750,000,000] $21,000,000,000 for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans: Provided further, That during fiscal year 2016 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: Provided further, That during fiscal year [2015]2016 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 [2015]2016, guarantees of trust certificates authorized by section 5(g) of the Small Business Act shall not exceed a principal amount
             of $12,000,000,000.

          In addition, for administrative expenses to carry out the direct and guaranteed loan programs, [$147,726,000] $152,725,828, which may be transferred to and merged with the appropriations for Salaries and Expenses. (Financial Services and General Government Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 073–1154–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy
                      5
                      3
                      3

                      0702
                      Loan guarantee subsidy
                      74
                      45

                      0705
                      Reestimates of direct loan subsidy
                      1

                      0706
                      Interest on reestimates of direct loan subsidy
                      3
                      2

                      0707
                      Reestimates of loan guarantee subsidy
                      223
                      173

                      0708
                      Interest on reestimates of loan guarantee subsidy
                      79
                      49

                      0709
                      Administrative expenses
                      152
                      148
                      153

                      0900
                      Total new obligations
                      537
                      420
                      156

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      24
                      78
                      88

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      24
                      78

                      1021
                      Recoveries of prior year unpaid obligations
                      22
                      10
                      5

                      1050
                      Unobligated balance (total)
                      46
                      88
                      93

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      263
                      196
                      156

                      1160
                      Appropriation, discretionary (total)
                      263
                      196
                      156

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      306
                      224

                      1260
                      Appropriations, mandatory (total)
                      306
                      224

                      1900
                      Budget authority (total)
                      569
                      420
                      156

                      1930
                      Total budgetary resources available
                      615
                      508
                      249

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      78
                      88
                      93

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      229
                      128
                      95

                      3010
                      Obligations incurred, unexpired accounts
                      537
                      420
                      156

                      3011
                      Obligations incurred, expired accounts
                      1

                      3020
                      Outlays (gross)
                      –609
                      –443
                      –210

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –22
                      –10
                      –5

                      3041
                      Recoveries of prior year unpaid obligations, expired
                      –8

                      3050
                      Unpaid obligations, end of year
                      128
                      95
                      36

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      229
                      128
                      95

                      3200
                      Obligated balance, end of year
                      128
                      95
                      36

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      263
                      196
                      156

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      172
                      163
                      153

                      4011
                      Outlays from discretionary balances
                      131
                      56
                      57

                      4020
                      Outlays, gross (total)
                      303
                      219
                      210

                      Mandatory:

                      4090
                      Budget authority, gross
                      306
                      224

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      306
                      224

                      4180
                      Budget authority, net (total)
                      569
                      420
                      156

                      4190
                      Outlays, net (total)
                      609
                      443
                      210

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 073–1154–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      7(m) Direct Microloans
                      26
                      25
                      35

                      115999
                      Total direct loan levels
                      26
                      25
                      35

                      Direct loan subsidy (in percent):

                      132001
                      7(m) Direct Microloans
                      18.64
                      10.12
                      8.87

                      132999
                      Weighted average subsidy rate
                      18.64
                      10.12
                      8.87

                      Direct loan subsidy budget authority:

                      133001
                      7(m) Direct Microloans
                      5
                      3
                      3

                      133999
                      Total subsidy budget authority
                      5
                      3
                      3

                      Direct loan subsidy outlays:

                      134001
                      7(m) Direct Microloans
                      6
                      4
                      3

                      134011
                      Intermediary Lending Program
                      2

                      134999
                      Total subsidy outlays
                      8
                      4
                      3

                      Direct loan reestimates:

                      135001
                      7(m) Direct Microloans
                      –15
                      –8

                      135007
                      SBIC Direct Preferred Stock and Fee Loans

                      –2

                      135010
                      7(m) Direct Microloans — ARRA
                      –5
                      –1

                      135011
                      Intermediary Lending Program

                      –2

                      135999
                      Total direct loan reestimates
                      –20
                      –13

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215002
                      7(a) General Business Loan Guarantees
                      17,875
                      18,750
                      21,000

                      215004
                      Section 504 Certified Development Companies Debentures
                      4,184
                      7,500
                      7,500

                      215006
                      SBIC Debentures
                      2,549
                      4,000
                      4,000

                      215010
                      Secondary Market Guarantee
                      5,394
                      12,000
                      12,000

                      215027
                      504 Commercial Real Estate (CRE) Refinance Program

                      7,500

                      215999
                      Total loan guarantee levels
                      30,002
                      42,250
                      52,000

                      Guaranteed loan subsidy (in percent):

                      232002
                      7(a) General Business Loan Guarantees
                      0.01
                      0.00
                      0.00

                      232004
                      Section 504 Certified Development Companies Debentures
                      1.71
                      0.60
                      0.00

                      232006
                      SBIC Debentures
                      0.00
                      0.00
                      0.00

                      232010
                      Secondary Market Guarantee
                      0.00
                      0.00
                      0.00

                      232027
                      504 Commercial Real Estate (CRE) Refinance Program
                      0.00
                      0.00
                      0.00

                      232999
                      Weighted average subsidy rate
                      0.24
                      0.11
                      0.00

                      Guaranteed loan subsidy budget authority:

                      233002
                      7(a) General Business Loan Guarantees
                      2

                      233004
                      Section 504 Certified Development Companies Debentures
                      72
                      45

                      233999
                      Total subsidy budget authority
                      74
                      45

                      Guaranteed loan subsidy outlays:

                      234002
                      7(a) General Business Loan Guarantees
                      76
                      1
                      1

                      234004
                      Section 504 Certified Development Companies Debentures
                      63
                      66
                      53

                      234018
                      Section 504 Certified Development Companies—ARRA
                      1

                      234026
                      Section 504 Certified Development Companies Debentures—ARRA Ext
                      1

                      234028
                      7(a) Business Loan Guarantees—ARRA Extension
                      2

                      234999
                      Total subsidy outlays
                      143
                      67
                      54

                      Guaranteed loan reestimates:

                      235002
                      7(a) General Business Loan Guarantees
                      –389
                      –467

                      235003
                      7(a) General Business Loan Guarantees—STAR
                      3
                      1

                      235004
                      Section 504 Certified Development Companies Debentures
                      –130
                      –716

                      235006
                      SBIC Debentures
                      31
                      –52

                      235007
                      SBIC Participating Securities
                      49
                      –97

                      235008
                      SBIC New Market Venture Capital
                      –1
                      7

                      235009
                      7(a) General Business—Delta

                      –1

                      235010
                      Secondary Market Guarantee
                      –14
                      94

                      235015
                      Secondary Market 504 First Mortgage Guarantees-ARRA
                      –5
                      2

                      235016
                      ARC Loan Guarantees—ARRA
                      –21
                      –15

                      235017
                      7(a) General Business Loan Guarantees—ARRA
                      –24
                      5

                      235018
                      Section 504 Certified Development Companies—ARRA
                      –66
                      –94

                      235020
                      7(a) Dealer Floor Plan

                      –1

                      235021
                      7(a) Dealer Floor Plan—ARRA
                      –1
                      –1

                      235026
                      Section 504 Certified Development Companies Debentures—ARRA Ext
                      –76
                      –83

                      235027
                      504 Commercial Real Estate (CRE) Refinance Program
                      –1
                      –101

                      235028
                      7(a) Business Loan Guarantees—ARRA Extension
                      –113
                      –76

                      235999
                      Total guaranteed loan reestimates
                      –758
                      –1,595

                      Administrative expense data:

                      3510
                      Budget authority
                      152
                      148
                      153

                      3590
                      Outlays from new authority
                      152
                      148
                      153

             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 2016, the Budget proposes $156.1 million in new budget authority for the Business Loans Program account. This includes
                $152.7 million in administrative expenses funding and $3.3 million in credit subsidy for the direct Microloan Program. This
                subsidy supports a $35 million program level for direct Microloans. The entirety of SBA's loan guarantee programs, such as
                the 7(a), 504, and SBIC programs, will operate with no subsidy requirements in 2016.

             The Budget supports $21.0 billion in Section 7(a) loan guarantees that provide general business credit assistance. The 2016
                Budget continues to waive upfront and annual fees on all 7(a) loans of $150,000 or less to spur lending in this market. The
                Budget also continues 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 2016, 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 2016. In addition, the 2016 Budget proposes
                to reauthorize SBA's 504 Debt Refinancing program with a program level of $7.5 billion, which will help small businesses 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
                at a program level of $4 billion.

             Scale-Up Manufacturing Investment Funds (SUMIF) Legislative Proposal._The Budget proposes authorization of $1.25 billion in mandatory subsidy budget authority for the SUMIF lending program, which
                would support innovative manufacturing technologies by financing their scale-up from prototypes to commercial-scale facilities
                in the United States. The SUMIF is designed to generate $10 billion in investment activity over five years, using $5 billion
                in Federal funds and a matching amount of private funds, to bridge the financing gap for small advanced manufacturing startups.
                A placeholder subsidy rate of 25% has been assumed for purposes of this request, but actual subsidy costs associated with
                each application for a Federal contribution to a fund would be determined on a fund-by-fund basis using actual fund financial
                information. There are no subsidy outlays assumed in 2016. If authorized, outlays are anticipated to begin in 2017 and continue
                through 2020.

          Object Classification (in millions of dollars)

                      Identification code 073–1154–0–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      152
                      148
                      153

                      41.0
                      Grants, subsidies, and contributions
                      385
                      272
                      3

                      99.9
                      Total new obligations
                      537
                      420
                      156

             Business Loans Program Account

             (Legislative proposal, subject to PAYGO)Program and Financing (in millions of dollars)

                      Identification code 073–1154–4–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0702
                      Loan guarantee subsidy

                      1,257

                      0900
                      Total new obligations (object class 41.0)

                      1,257

                      Budgetary resources:

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      1,257

                      1260
                      Appropriations, mandatory (total)

                      1,257

                      1930
                      Total budgetary resources available

                      1,257

                      Change in obligated balance:

                      Unpaid obligations:

                      3010
                      Obligations incurred, unexpired accounts

                      1,257

                      3050
                      Unpaid obligations, end of year

                      1,257

                      Memorandum (non-add) entries:

                      3200
                      Obligated balance, end of year

                      1,257

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      1,257

                      4180
                      Budget authority, net (total)

                      1,257

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 073–1154–4–1–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Guaranteed loan levels supportable by subsidy budget authority:

                      215031
                      Scale-Up Manufacturing Investment Funds (legislative proposal)

                      5,000

                      215999
                      Total loan guarantee levels

                      5,000

                      Guaranteed loan subsidy (in percent):

                      232031
                      Scale-Up Manufacturing Investment Funds (legislative proposal)
                      0.00
                      0.00
                      25.13

                      232999
                      Weighted average subsidy rate
                      0.00
                      0.00
                      0.00

                      Guaranteed loan subsidy budget authority:

                      233031
                      Scale-Up Manufacturing Investment Funds (legislative proposal)

                      1,257

                      233999
                      Total subsidy budget authority

                      1,257

             Business Direct Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 073–4148–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      26
                      25
                      35

                      0713
                      Payment of interest to Treasury
                      6
                      5
                      5

                      0715
                      Other

                      1
                      1

                      0742
                      Downward reestimate paid to receipt account
                      21
                      12

                      0743
                      Interest on downward reestimates
                      2
                      3

                      0900
                      Total new obligations
                      55
                      46
                      41

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      28
                      23
                      12

                      1021
                      Recoveries of prior year unpaid obligations
                      4
                      2
                      2

                      1023
                      Unobligated balances applied to repay debt
                      –32
                      –2
                      –2

                      1050
                      Unobligated balance (total)

                      23
                      12

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      44
                      31
                      31

                      1440
                      Borrowing authority, mandatory (total)
                      44
                      31
                      31

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      41
                      35
                      32

                      1801
                      Change in uncollected payments, Federal sources
                      –2

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –5
                      –31
                      –31

                      1850
                      Spending auth from offsetting collections, mand (total)
                      34
                      4
                      1

                      1900
                      Financing authority (total)
                      78
                      35
                      32

                      1930
                      Total budgetary resources available
                      78
                      58
                      44

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      23
                      12
                      3

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      55
                      42
                      51

                      3010
                      Obligations incurred, unexpired accounts
                      55
                      46
                      41

                      3020
                      Financing disbursements (gross)
                      –64
                      –35
                      –35

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –4
                      –2
                      –2

                      3050
                      Unpaid obligations, end of year
                      42
                      51
                      55

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –10
                      –8
                      –8

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      2

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –8
                      –8
                      –8

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      45
                      34
                      43

                      3200
                      Obligated balance, end of year
                      34
                      43
                      47

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      78
                      35
                      32

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      64
                      35
                      35

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Federal sources: Payments from program account
                      –6
                      –4
                      –3

                      4120
                      Upward reestimate
                      –1

                      4120
                      Interest on reestimate
                      –3
                      –2

                      4122
                      Interest on uninvested funds
                      –3
                      –7
                      –7

                      4123
                      Repayments of principal, net
                      –28
                      –20
                      –20

                      4123
                      Other income

                      –2
                      –2

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –41
                      –35
                      –32

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      2

                      4160
                      Financing authority, net (mandatory)
                      39

                      4170
                      Financing disbursements, net (mandatory)
                      23

                      3

                      4180
                      Financing authority, net (total)
                      39

                      4190
                      Financing disbursements, net (total)
                      23

                      3

          Status of Direct Loans (in millions of dollars)

                      Identification code 073–4148–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on obligations:

                      1111
                      Direct loan obligations from current-year authority
                      25
                      25
                      35

                      1121
                      Limitation available from carry-forward
                      1

                      1143
                      Unobligated limitation carried forward (P.L. xx) (-)

                      1150
                      Total direct loan obligations
                      26
                      25
                      35

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      164
                      167
                      164

                      1231
                      Disbursements: Direct loan disbursements
                      36
                      25
                      25

                      1251
                      Repayments: Repayments and prepayments
                      –27
                      –22
                      –22

                      1263
                      Write-offs for default: Write-offs for default
                      –6
                      –6
                      –5

                      1290
                      Outstanding, end of year
                      167
                      164
                      162

          Balance Sheet (in millions of dollars)

                      Identification code 073–4148–0–3–376
                      2013 actual
                      2014 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      63
                      47

                      Investments in US securities:

                      1106
                      Receivables, net
                      1
                      1

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      164
                      167

                      1405
                      Allowance for subsidy cost (-)
                      –18
                      –10

                      1499
                      Net present value of assets related to direct loans
                      146
                      157

                      1999
                      Total assets
                      210
                      205

                      LIABILITIES:

                      2103
                      Federal liabilities: Debt
                      210
                      204

                      2201
                      Non-Federal liabilities: Accounts payable

                      1

                      2999
                      Total liabilities
                      210
                      205

                      4999
                      Total liabilities and net position
                      210
                      205

             Business Guaranteed Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 073–4149–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0005
                      Other Expenses
                      46
                      75
                      75

                      Credit program obligations:

                      0711
                      Default claim payments on principal
                      1,488
                      2,600
                      2,600

                      0712
                      Default claim payments on interest
                      109
                      20
                      20

                      0713
                      Payment of interest to Treasury
                      65
                      100
                      100

                      0742
                      Downward reestimate paid to receipt account
                      939
                      1,580

                      0743
                      Interest on downward reestimates
                      122
                      238

                      0791
                      Direct program activities, subtotal
                      2,723
                      4,538
                      2,720

                      0900
                      Total new obligations
                      2,769
                      4,613
                      2,795

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      3,592
                      3,843
                      1,543

                      1023
                      Unobligated balances applied to repay debt
                      –104

                      1050
                      Unobligated balance (total)
                      3,488
                      3,843
                      1,543

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      490

                      1440
                      Borrowing authority, mandatory (total)
                      490

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      2,831
                      2,313
                      2,077

                      1801
                      Change in uncollected payments, Federal sources
                      –99

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –98

                      1850
                      Spending auth from offsetting collections, mand (total)
                      2,634
                      2,313
                      2,077

                      1900
                      Financing authority (total)
                      3,124
                      2,313
                      2,077

                      1930
                      Total budgetary resources available
                      6,612
                      6,156
                      3,620

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      3,843
                      1,543
                      825

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      39
                      45
                      2,059

                      3010
                      Obligations incurred, unexpired accounts
                      2,769
                      4,613
                      2,795

                      3020
                      Financing disbursements (gross)
                      –2,763
                      –2,599
                      –2,599

                      3050
                      Unpaid obligations, end of year
                      45
                      2,059
                      2,255

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –219
                      –120
                      –120

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      99

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –120
                      –120
                      –120

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      –180
                      –75
                      1,939

                      3200
                      Obligated balance, end of year
                      –75
                      1,939
                      2,135

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      3,124
                      2,313
                      2,077

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      2,763
                      2,599
                      2,599

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Payments from program account
                      –145
                      –68
                      –54

                      4120
                      Upward reestimate
                      –223
                      –173

                      4120
                      Interest on reestimate
                      –79
                      –49

                      4122
                      Interest on uninvested funds
                      –91
                      –190
                      –190

                      4123
                      Fees
                      –2,293
                      –835
                      –835

                      4123
                      Principal

                      –998
                      –998

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –2,831
                      –2,313
                      –2,077

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      99

                      4160
                      Financing authority, net (mandatory)
                      392

                      4170
                      Financing disbursements, net (mandatory)
                      –68
                      286
                      522

                      4180
                      Financing authority, net (total)
                      392

                      4190
                      Financing disbursements, net (total)
                      –68
                      286
                      522

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 073–4149–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on commitments:

                      2111
                      Guaranteed loan commitments from current-year authority
                      42,000
                      42,250
                      52,000

                      2121
                      Limitation available from carry-forward

                      2142
                      Uncommitted loan guarantee limitation
                      –11,998

                      2150
                      Total guaranteed loan commitments
                      30,002
                      42,250
                      52,000

                      2199
                      Guaranteed amount of guaranteed loan commitments
                      19,786
                      33,744
                      41,244

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      93,094
                      99,005
                      104,339

                      2231
                      Disbursements of new guaranteed loans
                      22,454
                      23,699
                      29,048

                      2251
                      Repayments and prepayments
                      –14,671
                      –15,602
                      –16,586

                      Adjustments:

                      2261
                      Terminations for default that result in loans receivable
                      –1,727
                      –2,600
                      –1,633

                      2263
                      Terminations for default that result in claim payments
                      –129
                      –163
                      –163

                      2264
                      Other adjustments, net
                      –16

                      2290
                      Outstanding, end of year
                      99,005
                      104,339
                      115,005

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      83,499
                      88,761
                      97,983

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      8,117
                      7,343
                      7,117

                      2331
                      Disbursements for guaranteed loan claims
                      1,470
                      1,566
                      1,488

                      2351
                      Repayments of loans receivable
                      –913
                      –501
                      –527

                      2361
                      Write-offs of loans receivable
                      –1,389
                      –1,291
                      –1,247

                      2364
                      Other adjustments, net
                      58

                      2390
                      Outstanding, end of year
                      7,343
                      7,117
                      6,831

          Balance Sheet (in millions of dollars)

                      Identification code 073–4149–0–3–376
                      2013 actual
                      2014 actual

                      ASSETS:

                      Federal assets:

                      1101
                      Fund balances with Treasury
                      3,401
                      3,735

                      Investments in US securities:

                      1106
                      Receivables, net
                      323
                      164

                      1206
                      Non-Federal assets: Receivables, net
                      82
                      81

                      Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:

                      1501
                      Defaulted guaranteed loans receivable, gross
                      8,117
                      7,343

                      1504
                      Foreclosed property
                      40
                      35

                      1505
                      Allowance for subsidy cost (-)
                      –6,644
                      –6,164

                      1599
                      Net present value of assets related to defaulted guaranteed loans
                      1,513
                      1,214

                      1999
                      Total assets
                      5,319
                      5,194

                      LIABILITIES:

                      Federal liabilities:

                      2103
                      Debt
                      1,245
                      1,511

                      2105
                      Other
                      1,053
                      1,598

                      Non-Federal liabilities:

                      2201
                      Accounts payable
                      34
                      41

                      2204
                      Liabilities for loan guarantees
                      2,987
                      2,044

                      2999
                      Total liabilities
                      5,319
                      5,194

                      4999
                      Total liabilities and net position
                      5,319
                      5,194

             Business Guaranteed Loan Financing Account

             (Legislative proposal, subject to PAYGO)Status of Guaranteed Loans (in millions of dollars)

                      Identification code 073–4149–4–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on commitments:

                      2111
                      Guaranteed loan commitments from current-year authority

                      5,000

                      2121
                      Limitation available from carry-forward

                      2150
                      Total guaranteed loan commitments

                      5,000

                      2199
                      Guaranteed amount of guaranteed loan commitments

                      5,000

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year

                      2231
                      Disbursements of new guaranteed loans

                      2251
                      Repayments and prepayments

                      2290
                      Outstanding, end of year

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year

                      2331
                      Disbursements for guaranteed loan claims

                      2390
                      Outstanding, end of year

             Business Loan Fund Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 073–4154–0–3–376
                      2014 actual
                      2015 est.
                      2016 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
                      20

                      1022
                      Capital transfer of unobligated balances to general fund
                      –20

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      1
                      2
                      2

                      1260
                      Appropriations, mandatory (total)
                      1
                      2
                      2

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      8
                      6
                      6

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund
                      –8

                      1850
                      Spending auth from offsetting collections, mand (total)

                      6
                      6

                      1900
                      Budget authority (total)
                      1
                      8
                      8

                      1930
                      Total budgetary resources available
                      1
                      8
                      8

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      3

                      3010
                      Obligations incurred, unexpired accounts
                      1
                      8
                      8

                      3020
                      Outlays (gross)
                      –4
                      –8
                      –8

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      3

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross
                      1
                      8
                      8

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority

                      8
                      8

                      4101
                      Outlays from mandatory balances
                      4

                      4110
                      Outlays, gross (total)
                      4
                      8
                      8

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –8
                      –6
                      –6

                      4180
                      Budget authority, net (total)
                      –7
                      2
                      2

                      4190
                      Outlays, net (total)
                      –4
                      2
                      2

          Status of Direct Loans (in millions of dollars)

                      Identification code 073–4154–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      11
                      8
                      5

                      1251
                      Repayments: Repayments and prepayments
                      –3
                      –1
                      –1

                      1263
                      Write-offs for default: Write-offs for default

                      –2
                      –2

                      1290
                      Outstanding, end of year
                      8
                      5
                      2

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 073–4154–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year
                      13
                      8
                      7

                      2251
                      Repayments and prepayments
                      –5
                      –1
                      –1

                      2290
                      Outstanding, end of year
                      8
                      7
                      6

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year
                      7
                      3
                      3

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year
                      10
                      9
                      8

                      2331
                      Disbursements for guaranteed loan claims
                      2
                      3
                      3

                      2351
                      Repayments of loans receivable
                      –4
                      –3
                      –3

                      2361
                      Write-offs of loans receivable

                      –1
                      –1

                      2364
                      Other adjustments, net
                      1

                      2390
                      Outstanding, end of year
                      9
                      8
                      7

          Balance Sheet (in millions of dollars)

                      Identification code 073–4154–0–3–376
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      23
                      1

                      1206
                      Non-Federal assets: Receivables, net
                      4
                      6

                      1601
                      Direct loans, gross
                      11
                      8

                      1603
                      Allowance for estimated uncollectible loans and interest (-)
                      –7
                      –8

                      1699
                      Value of assets related to direct loans
                      4

                      1701
                      Defaulted guaranteed loans, gross
                      10
                      9

                      1703
                      Allowance for estimated uncollectible loans and interest (-)
                      –10
                      –9

                      1799
                      Value of assets related to loan guarantees

                      1801
                      Other Federal assets: Cash and other monetary assets
                      4
                      1

                      1999
                      Total assets
                      35
                      8

                      LIABILITIES:

                      Federal liabilities:

                      2102
                      Interest payable

                      1

                      2104
                      Resources payable to Treasury
                      32
                      7

                      2201
                      Non-Federal liabilities: Accounts payable
                      3

                      2999
                      Total liabilities
                      35
                      8

                      4999
                      Total liabilities and net position
                      35
                      8

          Object Classification (in millions of dollars)

                      Identification code 073–4154–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      33.0
                      Investments and loans

                      5
                      5

                      43.0
                      Interest and dividends
                      1
                      3
                      3

                      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, $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 $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, $158,829,000 shall be for major disasters declared pursuant to the Robert
                T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5122(2)); $151,179,014 is for direct administrative expenses
                of loan making and servicing to carry out the direct loan program; and $7,649,986 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 99–177), as amended. (Financial Services and General Government Appropriations Act, 2015.)
          Program and Financing (in millions of dollars)

                      Identification code 073–1152–0–1–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      Credit program obligations:

                      0701
                      Direct loan subsidy
                      26
                      137
                      133

                      0705
                      Reestimates of direct loan subsidy
                      35
                      20

                      0706
                      Interest on reestimates of direct loan subsidy
                      4
                      15

                      0709
                      Administrative expenses
                      192
                      187
                      187

                      0900
                      Total new obligations
                      257
                      359
                      320

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      730
                      738
                      621

                      1001
                      Discretionary unobligated balance brought fwd, Oct 1
                      730
                      738

                      1021
                      Recoveries of prior year unpaid obligations
                      35
                      20
                      20

                      1050
                      Unobligated balance (total)
                      765
                      758
                      641

                      Budget authority:

                      Appropriations, discretionary:

                      1100
                      Appropriation
                      192
                      32
                      28

                      1100
                      Appropriation-Discretionary, Disaster Relief pursuant to 2011 Budget Control Act, Appropriations Committee

                      155
                      159

                      1160
                      Appropriation, discretionary (total)
                      192
                      187
                      187

                      Appropriations, mandatory:

                      1200
                      Appropriation
                      38
                      35

                      1260
                      Appropriations, mandatory (total)
                      38
                      35

                      1900
                      Budget authority (total)
                      230
                      222
                      187

                      1930
                      Total budgetary resources available
                      995
                      980
                      828

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      738
                      621
                      508

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      67
                      15
                      4

                      3010
                      Obligations incurred, unexpired accounts
                      257
                      359
                      320

                      3020
                      Outlays (gross)
                      –274
                      –350
                      –304

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –35
                      –20
                      –20

                      3050
                      Unpaid obligations, end of year
                      15
                      4

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      67
                      15
                      4

                      3200
                      Obligated balance, end of year
                      15
                      4

                      Budget authority and outlays, net:

                      Discretionary:

                      4000
                      Budget authority, gross
                      192
                      187
                      187

                      Outlays, gross:

                      4010
                      Outlays from new discretionary authority
                      192
                      187
                      187

                      4011
                      Outlays from discretionary balances
                      44
                      128
                      117

                      4020
                      Outlays, gross (total)
                      236
                      315
                      304

                      Mandatory:

                      4090
                      Budget authority, gross
                      38
                      35

                      Outlays, gross:

                      4100
                      Outlays from new mandatory authority
                      38
                      35

                      4180
                      Budget authority, net (total)
                      230
                      222
                      187

                      4190
                      Outlays, net (total)
                      274
                      350
                      304

          Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)

                      Identification code 073–1152–0–1–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct loan levels supportable by subsidy budget authority:

                      115001
                      Disaster Assistance Loans
                      302
                      1,100
                      1,100

                      115999
                      Total direct loan levels
                      302
                      1,100
                      1,100

                      Direct loan subsidy (in percent):

                      132001
                      Disaster Assistance Loans
                      8.50
                      12.43
                      12.10

                      132999
                      Weighted average subsidy rate
                      8.50
                      12.43
                      12.10

                      Direct loan subsidy budget authority:

                      133001
                      Disaster Assistance Loans
                      26
                      137
                      133

                      133999
                      Total subsidy budget authority
                      26
                      137
                      133

                      Direct loan subsidy outlays:

                      134001
                      Disaster Assistance Loans
                      44
                      53
                      88

                      134999
                      Total subsidy outlays
                      44
                      53
                      88

                      Direct loan reestimates:

                      135001
                      Disaster Assistance Loans
                      1
                      1

                      135002
                      Economic Injury Disaster Loans—Terrorist Attack
                      –3
                      1

                      135999
                      Total direct loan reestimates
                      –2
                      2

                      Administrative expense data:

                      3510
                      Budget authority
                      192
                      187
                      187

                      3590
                      Outlays from new authority
                      192
                      187
                      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 2016, 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 , as SBA has sufficient unobligated balances to support estimated 2016
                loan approvals. However, the Budget does request $158.8 million in new budget authority 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 $28.0 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 073–1152–0–1–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Direct obligations:

                      25.2
                      Other services from non-Federal sources
                      192
                      187
                      187

                      41.0
                      Grants, subsidies, and contributions
                      65
                      172
                      133

                      99.9
                      Total new obligations
                      257
                      359
                      320

             Disaster Direct Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 073–4150–0–3–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0003
                      Other
                      12
                      12
                      12

                      Credit program obligations:

                      0710
                      Direct loan obligations
                      302
                      1,100
                      1,100

                      0713
                      Payment of interest to Treasury
                      274
                      350
                      500

                      0742
                      Downward reestimate paid to receipt account
                      30
                      27

                      0743
                      Interest on downward reestimates
                      10
                      5

                      0791
                      Direct program activities, subtotal
                      616
                      1,482
                      1,600

                      0900
                      Total new obligations
                      628
                      1,494
                      1,612

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      517
                      485
                      250

                      1021
                      Recoveries of prior year unpaid obligations
                      313
                      150
                      99

                      1023
                      Unobligated balances applied to repay debt
                      –830

                      1050
                      Unobligated balance (total)

                      635
                      349

                      Financing authority:

                      Borrowing authority, mandatory:

                      1400
                      Borrowing authority
                      229
                      963
                      1,007

                      1440
                      Borrowing authority, mandatory (total)
                      229
                      963
                      1,007

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      1,052
                      1,046
                      1,046

                      1801
                      Change in uncollected payments, Federal sources
                      –52

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund

                      –900
                      –500

                      1825
                      Spending authority from offsetting collections applied to repay debt
                      –116

                      1850
                      Spending auth from offsetting collections, mand (total)
                      884
                      146
                      546

                      1900
                      Financing authority (total)
                      1,113
                      1,109
                      1,553

                      1930
                      Total budgetary resources available
                      1,113
                      1,744
                      1,902

                      Memorandum (non-add) entries:

                      1941
                      Unexpired unobligated balance, end of year
                      485
                      250
                      290

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1
                      608
                      158
                      32

                      3010
                      Obligations incurred, unexpired accounts
                      628
                      1,494
                      1,612

                      3020
                      Financing disbursements (gross)
                      –765
                      –1,470
                      –1,513

                      3040
                      Recoveries of prior year unpaid obligations, unexpired
                      –313
                      –150
                      –99

                      3050
                      Unpaid obligations, end of year
                      158
                      32
                      32

                      Uncollected payments:

                      3060
                      Uncollected pymts, Fed sources, brought forward, Oct 1
                      –68
                      –16
                      –16

                      3070
                      Change in uncollected pymts, Fed sources, unexpired
                      52

                      3090
                      Uncollected pymts, Fed sources, end of year
                      –16
                      –16
                      –16

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year
                      540
                      142
                      16

                      3200
                      Obligated balance, end of year
                      142
                      16
                      16

                      Financing authority and disbursements, net:

                      Mandatory:

                      4090
                      Financing authority, gross
                      1,113
                      1,109
                      1,553

                      Financing disbursements:

                      4110
                      Financing disbursements, gross
                      765
                      1,470
                      1,513

                      Offsets against gross financing authority and disbursements:

                      Offsetting collections (collected) from:

                      4120
                      Payments from program account
                      –45
                      –53
                      –88

                      4120
                      Upward reestimate
                      –35
                      –20

                      4120
                      Interest on upward reestimate
                      –3
                      –15

                      4122
                      Interest income from Treasury
                      –45
                      –230
                      –230

                      4123
                      Repayments of principal, net
                      –924
                      –728
                      –728

                      4130
                      Offsets against gross financing auth and disbursements (total)
                      –1,052
                      –1,046
                      –1,046

                      Additional offsets against financing authority only (total):

                      4140
                      Change in uncollected pymts, Fed sources, unexpired
                      52

                      4160
                      Financing authority, net (mandatory)
                      113
                      63
                      507

                      4170
                      Financing disbursements, net (mandatory)
                      –287
                      424
                      467

                      4180
                      Financing authority, net (total)
                      113
                      63
                      507

                      4190
                      Financing disbursements, net (total)
                      –287
                      424
                      467

          Status of Direct Loans (in millions of dollars)

                      Identification code 073–4150–0–3–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on obligations:

                      1121
                      Limitation available from carry-forward
                      4,188
                      5,937
                      4,188

                      1143
                      Unobligated limitation carried forward (P.L. xx) (-)
                      –3,886
                      –4,837
                      –3,088

                      1150
                      Total direct loan obligations
                      302
                      1,100
                      1,100

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      7,206
                      6,794
                      6,741

                      1231
                      Disbursements: Direct loan disbursements
                      439
                      705
                      1,041

                      1251
                      Repayments: Repayments and prepayments
                      –657
                      –567
                      –571

                      Write-offs for default:

                      1263
                      Direct loans
                      –203
                      –191
                      –190

                      1264
                      Other adjustments, net (+ or -)
                      9

                      1290
                      Outstanding, end of year
                      6,794
                      6,741
                      7,021

          Balance Sheet (in millions of dollars)

                      Identification code 073–4150–0–3–453
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      836
                      515

                      Net value of assets related to post-1991 direct loans receivable:

                      1401
                      Direct loans receivable, gross
                      7,206
                      6,794

                      1405
                      Allowance for subsidy cost (-)
                      –1,344
                      –1,227

                      1499
                      Net present value of assets related to direct loans
                      5,862
                      5,567

                      1999
                      Total assets
                      6,698
                      6,082

                      LIABILITIES:

                      Federal liabilities:

                      2103
                      Debt
                      6,696
                      6,080

                      2105
                      Other
                      2
                      2

                      2999
                      Total liabilities
                      6,698
                      6,082

                      4999
                      Total liabilities and net position
                      6,698
                      6,082

             Disaster Loans Guaranteed Loan Financing Account

             Program and Financing (in millions of dollars)

                      Identification code 073–4293–0–3–453
                      2014 actual
                      2015 est.
                      2016 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

                      –1

                      4190
                      Financing disbursements, net (total)

                      –1

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 073–4293–0–3–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Position with respect to appropriations act limitation on commitments:

                      2121
                      Limitation available from carry-forward
                      75
                      75
                      57

                      2143
                      Uncommitted limitation carried forward
                      –75
                      –75
                      –57

                      2150
                      Total guaranteed loan commitments

                      2199
                      Guaranteed amount of guaranteed loan commitments

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year

                      2231
                      Disbursements of new guaranteed loans

                      18

                      2251
                      Repayments and prepayments

                      –15

                      2290
                      Outstanding, end of year

                      3

                      Memorandum:

                      2299
                      Guaranteed amount of guaranteed loans outstanding, end of year

                      2

             Disaster Loan Fund Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 073–4153–0–3–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Obligations by program activity:

                      0101
                      Interest expense to Treasury

                      4
                      4

                      0103
                      Other Expenses

                      1
                      1

                      0900
                      Total new obligations (object class 25.2)

                      5
                      5

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      4

                      1022
                      Capital transfer of unobligated balances to general fund
                      –4

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      2
                      2

                      1260
                      Appropriations, mandatory (total)

                      2
                      2

                      Spending authority from offsetting collections, mandatory:

                      1800
                      Collected
                      2
                      3
                      3

                      1820
                      Capital transfer of spending authority from offsetting collections to general fund
                      –2

                      1850
                      Spending auth from offsetting collections, mand (total)

                      3
                      3

                      1900
                      Budget authority (total)

                      5
                      5

                      1930
                      Total budgetary resources available

                      5
                      5

                      Change in obligated balance:

                      Unpaid obligations:

                      3000
                      Unpaid obligations, brought forward, Oct 1

                      5

                      3010
                      Obligations incurred, unexpired accounts

                      5
                      5

                      3050
                      Unpaid obligations, end of year

                      5
                      10

                      Memorandum (non-add) entries:

                      3100
                      Obligated balance, start of year

                      5

                      3200
                      Obligated balance, end of year

                      5
                      10

                      Budget authority and outlays, net:

                      Mandatory:

                      4090
                      Budget authority, gross

                      5
                      5

                      Offsets against gross budget authority and outlays:

                      Offsetting collections (collected) from:

                      4123
                      Non-Federal sources
                      –2
                      –3
                      –3

                      4180
                      Budget authority, net (total)
                      –2
                      2
                      2

                      4190
                      Outlays, net (total)
                      –2
                      –3
                      –3

          Status of Direct Loans (in millions of dollars)

                      Identification code 073–4153–0–3–453
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of direct loans outstanding:

                      1210
                      Outstanding, start of year
                      5
                      4
                      2

                      1251
                      Repayments: Repayments and prepayments
                      –1
                      –2
                      –2

                      1290
                      Outstanding, end of year
                      4
                      2

          Balance Sheet (in millions of dollars)

                      Identification code 073–4153–0–3–453
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      4

                      1601
                      Direct loans, net
                      5
                      4

                      1603
                      Allowance for estimated uncollectible loans and interest (-)
                      –1
                      –1

                      1699
                      Value of assets related to direct loans
                      4
                      3

                      1999
                      Total assets
                      8
                      3

                      LIABILITIES:

                      2104
                      Federal liabilities: Resources payable to Treasury
                      8
                      3

                      4999
                      Total liabilities and net position
                      8
                      3

             Pollution Control Equipment Fund Liquidating Account

             Program and Financing (in millions of dollars)

                      Identification code 073–4147–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Budgetary resources:

                      Unobligated balance:

                      1000
                      Unobligated balance brought forward, Oct 1
                      1

                      1022
                      Capital transfer of unobligated balances to general fund
                      –1

                      Budget authority:

                      Appropriations, mandatory:

                      1200
                      Appropriation

                      1
                      1

                      1239
                      Appropriations substituted for borrowing authority

                      –1
                      –1

          Status of Guaranteed Loans (in millions of dollars)

                      Identification code 073–4147–0–3–376
                      2014 actual
                      2015 est.
                      2016 est.

                      Cumulative balance of guaranteed loans outstanding:

                      2210
                      Outstanding, start of year

                      2290
                      Outstanding, end of year

                      Addendum:

                      Cumulative balance of defaulted guaranteed loans that result in loans receivable:

                      2310
                      Outstanding, start of year

                      2390
                      Outstanding, end of year

             Public Law 94–305 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 073–4147–0–3–376
                      2013 actual
                      2014 actual

                      ASSETS:

                      1101
                      Federal assets: Fund balances with Treasury
                      1

                      1999
                      Total assets
                      1

                      LIABILITIES:

                      2104
                      Federal liabilities: Resources payable to Treasury
                      1

                      4999
                      Total liabilities and net position
                      1

             GENERAL FUND RECEIPT ACCOUNTS

             (in millions of dollars)

                      2014 actual
                      2015 est.
                      2016 est.

                      Offsetting receipts from the public:

                      073–322000
                      All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                      1

                      073–272130
                      Disaster Loan Program, Downward Reestimates of Subsidies
                      40
                      33

                      073–272230
                      Business Loan Program, Downward Reestimates of Subsidies
                      1,084
                      1,833

                      General Fund Offsetting receipts from the public
                      1,125
                      1,866

             ADMINISTRATIVE PROVISIONS

             Administrative Provisions—Small Business Administration'

          (including transfer of funds)SEC. 520. 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. 521. (a) None of the funds made available under this Act may be used to collect a guarantee fee under section 7(a)(18) of the Small
          Business Act (15 U.S.C. 636(a)(18)) with respect to a loan guaranteed under section 7(a)(31) of such Act that is made to a
          small business concern (as defined under section 3 of such Act (15 U.S.C. 632)) that is 51 percent or more owned and controlled
          by 1 or more individuals who is a veteran (as defined in section 101 of title 38, United States Code) or the spouse of a veteran.
          (b) Nothing in this section shall be construed to limit the authority of the Administrator of the Small Business Administration
             to waive such a guarantee fee or any other loan fee with respect to a loan to a small business concern described in subsection
             (a) or any other borrower.