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



   
      
      
         SMALL BUSINESS ADMINISTRATION                                                                                            
            
         
      
      
   
   
      SMALL BUSINESS ADMINISTRATION                                                                                            
         
      
      Federal Funds
         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 108â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 113â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 073â0100â0â1â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 [073â0400]
                  â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
                  â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)
                  â730
                  â634
                  â630
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â19
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â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]
                  â345
                  â334
                  â339
               
               
                  4033
                  Baseline Program [Text]
                  â16
                  â12
                  â12
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  â361
                  â346
                  â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 073â0100â0â1â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 073â0100â0â1â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 073â0200â0â1â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
                  â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)
                  â18
                  â21
                  â22
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  2
                  2
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  2
                  2
                  2
               
               
                  3200
                  Obligated balance, end of year
                  2
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  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]
                  â1
                  â1
                  â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 073â0200â0â1â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 073â0200â0â1â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 94â305 (15 U.S.C.
         634a et seq.) and the Regulatory Flexibility Act of 1980 (5 U.S.C. 601 et seq.), $9,120,000, to remain available until expended. (Financial Services and General Government Appropriations Act, 2015.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â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)
                  â9
                  â8
                  â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 073â0300â0â1â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 073â0300â0â1â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 111â240]. (Financial Services and General Government Appropriations Act, 2015.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â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 [073â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
                  â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)
                  â55
                  â187
                  â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 073â0400â0â1â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 073â0400â0â1â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 073â4156â0â3â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)
                  â11
                  â15
                  â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
                  â19
                  â15
                  â17
               
               
                  4190
                  Outlays, net (total)
                  â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
         85â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 073â1154â0â1â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)
                  â609
                  â443
                  â210
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â22
                  â10
                  â5
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â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 073â1154â0â1â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
                  â15
                  â8
                  
               
               
                  135007
                  SBIC Direct Preferred Stock and Fee Loans
                  
                  â2
                  
               
               
                  135010
                  7(m) Direct Microloans â ARRA
                  â5
                  â1
                  
               
               
                  135011
                  Intermediary Lending Program
                  
                  â2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  â20
                  â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 CompaniesâARRA
                  1
                  
                  
               
               
                  234026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  1
                  
                  
               
               
                  234028
                  7(a) Business Loan GuaranteesâARRA Extension
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  234999
                  Total subsidy outlays
                  143
                  67
                  54
               
               
                  
                  Guaranteed loan reestimates:
               
               
                  235002
                  7(a) General Business Loan Guarantees
                  â389
                  â467
                  
               
               
                  235003
                  7(a) General Business Loan GuaranteesâSTAR
                  3
                  1
                  
               
               
                  235004
                  Section 504 Certified Development Companies Debentures
                  â130
                  â716
                  
               
               
                  235006
                  SBIC Debentures
                  31
                  â52
                  
               
               
                  235007
                  SBIC Participating Securities
                  49
                  â97
                  
               
               
                  235008
                  SBIC New Market Venture Capital
                  â1
                  7
                  
               
               
                  235009
                  7(a) General BusinessâDelta
                  
                  â1
                  
               
               
                  235010
                  Secondary Market Guarantee
                  â14
                  94
                  
               
               
                  235015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  â5
                  2
                  
               
               
                  235016
                  ARC Loan GuaranteesâARRA
                  â21
                  â15
                  
               
               
                  235017
                  7(a) General Business Loan GuaranteesâARRA
                  â24
                  5
                  
               
               
                  235018
                  Section 504 Certified Development CompaniesâARRA
                  â66
                  â94
                  
               
               
                  235020
                  7(a) Dealer Floor Plan
                  
                  â1
                  
               
               
                  235021
                  7(a) Dealer Floor PlanâARRA
                  â1
                  â1
                  
               
               
                  235026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  â76
                  â83
                  
               
               
                  235027
                  504 Commercial Real Estate (CRE) Refinance Program
                  â1
                  â101
                  
               
               
                  235028
                  7(a) Business Loan GuaranteesâARRA Extension
                  â113
                  â76
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  235999
                  Total guaranteed loan reestimates
                  â758
                  â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 073â1154â0â1â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 073â1154â4â1â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 073â1154â4â1â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 073â4148â0â3â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
                  â32
                  â2
                  â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
                  â2
                  
                  
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â5
                  â31
                  â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)
                  â64
                  â35
                  â35
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â4
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  42
                  51
                  55
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â10
                  â8
                  â8
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â8
                  â8
                  â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
                  â6
                  â4
                  â3
               
               
                  4120
                  Upward reestimate
                  â1
                  
                  
               
               
                  4120
                  Interest on reestimate
                  â3
                  â2
                  
               
               
                  4122
                  Interest on uninvested funds
                  â3
                  â7
                  â7
               
               
                  4123
                  Repayments of principal, net
                  â28
                  â20
                  â20
               
               
                  4123
                  Other income
                  
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â41
                  â35
                  â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 073â4148â0â3â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
                  â27
                  â22
                  â22
               
               
                  1263
                  Write-offs for default: Write-offs for default
                  â6
                  â6
                  â5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  167
                  164
                  162
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â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 (-)
                  â18
                  â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 073â4149â0â3â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
                  â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
                  â99
                  
                  
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â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)
                  â2,763
                  â2,599
                  â2,599
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  45
                  2,059
                  2,255
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â219
                  â120
                  â120
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  99
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â120
                  â120
                  â120
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  â180
                  â75
                  1,939
               
               
                  3200
                  Obligated balance, end of year
                  â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
                  â145
                  â68
                  â54
               
               
                  4120
                  Upward reestimate
                  â223
                  â173
                  
               
               
                  4120
                  Interest on reestimate
                  â79
                  â49
                  
               
               
                  4122
                  Interest on uninvested funds
                  â91
                  â190
                  â190
               
               
                  4123
                  Fees
                  â2,293
                  â835
                  â835
               
               
                  4123
                  Principal
                  
                  â998
                  â998
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â2,831
                  â2,313
                  â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)
                  â68
                  286
                  522
               
               
                  4180
                  Financing authority, net (total)
                  392
                  
                  
               
               
                  4190
                  Financing disbursements, net (total)
                  â68
                  286
                  522
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â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
                  â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
                  â14,671
                  â15,602
                  â16,586
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  â1,727
                  â2,600
                  â1,633
               
               
                  2263
                  Terminations for default that result in claim payments
                  â129
                  â163
                  â163
               
               
                  2264
                  Other adjustments, net
                  â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
                  â913
                  â501
                  â527
               
               
                  2361
                  Write-offs of loans receivable
                  â1,389
                  â1,291
                  â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 073â4149â0â3â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 (-)
                  â6,644
                  â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 073â4149â4â3â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 073â4154â0â3â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
                  â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
                  â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)
                  â4
                  â8
                  â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
                  â8
                  â6
                  â6
               
               
                  4180
                  Budget authority, net (total)
                  â7
                  2
                  2
               
               
                  4190
                  Outlays, net (total)
                  â4
                  2
                  2
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â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
                  â3
                  â1
                  â1
               
               
                  1263
                  Write-offs for default: Write-offs for default
                  
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  8
                  5
                  2
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â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
                  â5
                  â1
                  â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
                  â4
                  â3
                  â3
               
               
                  2361
                  Write-offs of loans receivable
                  
                  â1
                  â1
               
               
                  2364
                  Other adjustments, net
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  9
                  8
                  7
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â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 (-)
                  â7
                  â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 (-)
                  â10
                  â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 073â4154â0â3â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 99â177), as amended. (Financial Services and General Government Appropriations Act, 2015.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â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)
                  â274
                  â350
                  â304
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â35
                  â20
                  â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 073â1152â0â1â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 LoansâTerrorist Attack
                  â3
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  â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 073â1152â0â1â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 073â4150â0â3â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
                  â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
                  â52
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â900
                  â500
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â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)
                  â765
                  â1,470
                  â1,513
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â313
                  â150
                  â99
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  158
                  32
                  32
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â68
                  â16
                  â16
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  52
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â16
                  â16
                  â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
                  â45
                  â53
                  â88
               
               
                  4120
                  Upward reestimate
                  â35
                  â20
                  
               
               
                  4120
                  Interest on upward reestimate
                  â3
                  â15
                  
               
               
                  4122
                  Interest income from Treasury
                  â45
                  â230
                  â230
               
               
                  4123
                  Repayments of principal, net
                  â924
                  â728
                  â728
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross financing auth and disbursements (total)
                  â1,052
                  â1,046
                  â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)
                  â287
                  424
                  467
               
               
                  4180
                  Financing authority, net (total)
                  113
                  63
                  507
               
               
                  4190
                  Financing disbursements, net (total)
                  â287
                  424
                  467
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â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) (-)
                  â3,886
                  â4,837
                  â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
                  â657
                  â567
                  â571
               
               
                  
                  Write-offs for default:
               
               
                  1263
                  Direct loans
                  â203
                  â191
                  â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 073â4150â0â3â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 (-)
                  â1,344
                  â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 073â4293â0â3â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
                  
                  
                  â1
               
               
                  4190
                  Financing disbursements, net (total)
                  
                  
                  â1
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4293â0â3â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
                  â75
                  â75
                  â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
                  
                  
                  â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 073â4153â0â3â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
                  â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
                  â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
                  â2
                  â3
                  â3
               
               
                  4180
                  Budget authority, net (total)
                  â2
                  2
                  2
               
               
                  4190
                  Outlays, net (total)
                  â2
                  â3
                  â3
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â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
                  â1
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  4
                  2
                  
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â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 (-)
                  â1
                  â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 073â4147â0â3â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
                  â1
                  
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  
                  1
                  1
               
               
                  1239
                  Appropriations substituted for borrowing authority
                  
                  â1
                  â1
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4147â0â3â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 94â305 established this fund to alleviate the adverse impact of pollution regulations on small businesses. As a
            result of the elimination of tax-exempt financing associated with the Pollution Control Guaranteed loan program, no new activity
            is anticipated for this program.
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4147â0â3â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:
               
               
                  073â322000
                  All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                  1
                  
                  
               
               
                  073â272130
                  Disaster Loan Program, Downward Reestimates of Subsidies
                  40
                  33
                  
               
               
                  073â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 Provisionsâ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.