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



   
      
      
         SMALL BUSINESS ADMINISTRATION                                                                                            
            
         
      
      
   
   
      SMALL BUSINESS ADMINISTRATION                                                                                            
         
      
      Federal Funds
         Salaries and Expenses                                                                                                    
            
         
         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, $265,000,000: 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 2019: Provided further, That $6,100,000 shall be available for the Loan Modernization and Accounting System, to be available until September 30,
            2020.
      Note.âA full-year 2018 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
         budget assumes this account is operating under the Continuing Appropriations Act, 2018 (Division D of P.L. 115â56, as amended).
         The amounts included for 2018 reflect the annualized level provided by the continuing resolution.
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Executive direction
                  70
                  76
                  76
               
               
                  0002
                  Capital Access
                  81
                  81
                  81
               
               
                  0003
                  Gov. Contracting/ Bus. Development
                  30
                  28
                  28
               
               
                  0004
                  Entrepreneurial Development
                  9
                  12
                  12
               
               
                  0005
                  Chief Operating Office
                  29
                  26
                  26
               
               
                  0006
                  Office of Chief Information Officer
                  41
                  37
                  37
               
               
                  0007
                  Regional & district offices
                  98
                  98
                  99
               
               
                  0008
                  Agency wide costs
                  52
                  65
                  65
               
               
                  0009
                  Non credit programs
                  3
                  3
                  3
               
               
                  0012
                  Disaster
                  237
                  175
                  177
               
               
                  0013
                  Investment & Innovation
                  20
                  16
                  16
               
               
                  0014
                  International Trade
                  7
                  6
                  6
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  677
                  623
                  626
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  229
                  389
                  391
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  11
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  240
                  389
                  391
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  270
                  268
                  265
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  385
                  185
                  186
               
               
                  1700
                  Collected
                  175
                  172
                  175
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  560
                  357
                  361
               
               
                  1900
                  Budget authority (total)
                  830
                  625
                  626
               
               
                  1930
                  Total budgetary resources available
                  1,070
                  1,014
                  1,017
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â4
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  389
                  391
                  391
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  153
                  167
                  140
               
               
                  3010
                  New obligations, unexpired accounts
                  677
                  623
                  626
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  4
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â644
                  â650
                  â631
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â11
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â12
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  167
                  140
                  135
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  153
                  167
                  140
               
               
                  3200
                  Obligated balance, end of year
                  167
                  140
                  135
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  830
                  625
                  626
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  546
                  429
                  430
               
               
                  4011
                  Outlays from discretionary balances
                  98
                  221
                  201
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  644
                  650
                  631
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â541
                  â338
                  â342
               
               
                  4033
                  Non-Federal sources
                  â19
                  â19
                  â19
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  â560
                  â357
                  â361
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  270
                  268
                  265
               
               
                  4080
                  Outlays, net (discretionary)
                  84
                  293
                  270
               
               
                  4180
                  Budget authority, net (total)
                  270
                  268
                  265
               
               
                  4190
                  Outlays, net (total)
                  84
                  293
                  270
               
               
                  
                     
                  
               
            
         
      
      
         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 transferred to and merged with this account. The 2019 Budget provides $6.1
            million in funding for the continued modernization of the loan management accounting systems, which will improve oversight
            of SBA's more than $131 billion portfolio of loans and loan guarantees. Funding is also requested for core agency activities,
            including information technology investments and human capital development. The Budget also supports SBA enterprise-wide technology
            modernization initiatives including hardware, software and application standardization, mobile shared services implementation,
            security vulnerability reduction, infrastructure upgrades, data center consolidation and migration to the cloud.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  196
                  203
                  207
               
               
                  11.3
                  Other than full-time permanent
                  5
                  5
                  5
               
               
                  11.5
                  Other personnel compensation
                  5
                  5
                  5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  206
                  213
                  217
               
               
                  12.1
                  Civilian personnel benefits
                  66
                  71
                  75
               
               
                  21.0
                  Travel and transportation of persons
                  5
                  5
                  5
               
               
                  23.1
                  Rental payments to GSA
                  36
                  42
                  42
               
               
                  23.3
                  Communications, utilities, and miscellaneous charges
                  6
                  6
                  6
               
               
                  24.0
                  Printing and reproduction
                  1
                  1
                  1
               
               
                  25.2
                  Other services from non-Federal sources
                  112
                  104
                  97
               
               
                  25.3
                  Other purchases of goods and services from Government accounts (Disaster Administrative Expenses)
                  237
                  175
                  177
               
               
                  26.0
                  Supplies and materials
                  3
                  2
                  2
               
               
                  31.0
                  Equipment
                  2
                  2
                  2
               
               
                  41.0
                  Grants, subsidies, and contributions
                  3
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  677
                  623
                  626
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  3,246
                  3,060
                  3,069
               
               
                  
                     
                  
               
            
         
      
         Office of Inspector General                                                                                              
            
         For necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978,
            $21,900,000.
      Note.âA full-year 2018 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
         budget assumes this account is operating under the Continuing Appropriations Act, 2018 (Division D of P.L. 115â56, as amended).
         The amounts included for 2018 reflect the annualized level provided by the continuing resolution.
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Audit
                  8
                  8
                  10
               
               
                  0002
                  Investigations
                  11
                  11
                  11
               
               
                  0003
                  Management and Administration
                  1
                  2
                  2
               
               
                  0004
                  Immediate office, Chief of staff, and Counsel
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  21
                  22
                  24
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  5
                  5
                  4
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  20
                  20
                  22
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  1
                  1
                  1
               
               
                  1900
                  Budget authority (total)
                  21
                  21
                  23
               
               
                  1930
                  Total budgetary resources available
                  26
                  26
                  27
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  5
                  4
                  3
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  3
                  4
                  4
               
               
                  3010
                  New obligations, unexpired accounts
                  21
                  22
                  24
               
               
                  3020
                  Outlays (gross)
                  â20
                  â22
                  â24
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  4
                  4
                  4
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  3
                  4
                  4
               
               
                  3200
                  Obligated balance, end of year
                  4
                  4
                  4
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  21
                  21
                  23
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  18
                  19
                  21
               
               
                  4011
                  Outlays from discretionary balances
                  2
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  20
                  22
                  24
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â1
                  â1
                  â1
               
               
                  4180
                  Budget authority, net (total)
                  20
                  20
                  22
               
               
                  4190
                  Outlays, net (total)
                  19
                  21
                  23
               
               
                  
                     
                  
               
            
         
      
      
         The 2019 Budget proposes $21.9 million in new budget authority and $1 million transferred from the Disaster Loans Program
            account for a total of $22.9 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
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  11
                  12
                  13
               
               
                  12.1
                  Civilian personnel benefits
                  5
                  5
                  6
               
               
                  25.2
                  Other services
                  4
                  4
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  20
                  21
                  23
               
               
                  99.0
                  Reimbursable obligations
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  21
                  22
                  24
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  101
                  107
                  114
               
               
                  
                     
                  
               
            
         
      
         Office of Advocacy                                                                                                       
            
         For 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.
      Note.âA full-year 2018 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
         budget assumes this account is operating under the Continuing Appropriations Act, 2018 (Division D of P.L. 115â56, as amended).
         The amounts included for 2018 reflect the annualized level provided by the continuing resolution.
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Office of Advocacy (Direct)
                  8
                  9
                  9
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  1
                  2
                  2
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  9
                  9
                  9
               
               
                  1930
                  Total budgetary resources available
                  10
                  11
                  11
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  2
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  2
                  2
                  3
               
               
                  3010
                  New obligations, unexpired accounts
                  8
                  9
                  9
               
               
                  3020
                  Outlays (gross)
                  â8
                  â8
                  â8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  2
                  3
                  4
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  2
                  2
                  3
               
               
                  3200
                  Obligated balance, end of year
                  2
                  3
                  4
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  9
                  9
                  9
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  7
                  8
                  8
               
               
                  4011
                  Outlays from discretionary balances
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  8
                  8
                  8
               
               
                  4180
                  Budget authority, net (total)
                  9
                  9
                  9
               
               
                  4190
                  Outlays, net (total)
                  8
                  8
                  8
               
               
                  
                     
                  
               
            
         
      
      
         The 2019 Budget proposes $9.1 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
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  6
                  6
                  6
               
               
                  12.1
                  Civilian personnel benefits
                  1
                  2
                  2
               
               
                  25.2
                  Other services from non-Federal sources
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  8
                  9
                  9
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  44
                  52
                  52
               
               
                  
                     
                  
               
            
         
      
         Entrepreneurial Development Program                                                                                      
            
         For necessary expenses of programs supporting entrepreneurial and small business development, $192,450,000, to remain available
            until September 30, 2020: Provided, That $110,000,000 shall be available to fund grants for performance in fiscal year 2019 or fiscal year 2020 as authorized by section 21 of the Small Business Act: Provided further, That not more than 10 percent of the amounts made available in the preceding proviso shall be available
               for the Administration to award grants (including contracts and cooperative agreements) to entities described in 15 U.S.C.
               648(a)(1) if such entities submit proposals that meet criteria established by the Administration: Provided further, That the
               grants (including contracts and cooperative agreements) described in the preceding proviso shall be exempt from the requirements
               of 15 U.S.C. 648(a)(4): Provided further, That $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 $10,000,000 shall be available for grants to States to carry out export programs authorized under section 22(l) of
            the Small Business Act (15 U.S.C. 649(l)) to assist small business concerns.
      Note.âA full-year 2018 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
         budget assumes this account is operating under the Continuing Appropriations Act, 2018 (Division D of P.L. 115â56, as amended).
         The amounts included for 2018 reflect the annualized level provided by the continuing resolution.
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Non-Credit Programs
                  226
                  243
                  192
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  8
                  29
                  29
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  11
                  29
                  29
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  245
                  243
                  192
               
               
                  1900
                  Budget authority (total)
                  245
                  243
                  192
               
               
                  1930
                  Total budgetary resources available
                  256
                  272
                  221
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â1
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  29
                  29
                  29
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  204
                  208
                  247
               
               
                  3010
                  New obligations, unexpired accounts
                  226
                  243
                  192
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  1
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â214
                  â204
                  â210
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â3
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â6
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  208
                  247
                  229
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  204
                  208
                  247
               
               
                  3200
                  Obligated balance, end of year
                  208
                  247
                  229
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  245
                  243
                  192
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  52
                  85
                  67
               
               
                  4011
                  Outlays from discretionary balances
                  162
                  119
                  143
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  214
                  204
                  210
               
               
                  4180
                  Budget authority, net (total)
                  245
                  243
                  192
               
               
                  4190
                  Outlays, net (total)
                  214
                  204
                  210
               
               
                  
                     
                  
               
            
         
      
      
         For 2019, this account supports SBA's core counseling, training and technical assistance programs, including Small Business
            Development Centers (SBDC), SCORE, Women's Business Centers, Veterans' Business Outreach Centers, and Microloan technical
            assistance, as well as various entrepreneurial development programs and initiatives. These include Entrepreneurial Education,
            a program designed to train and develop small business owners who are poised for growth; the State Trade Expansion Program
            (STEP), which helps small businesses tap global markets and expand exports; and Veterans Outreach programs like 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 HubZone Program and other outreach and contracting activities. In
            2019, the Budget proposes the creation of a competitive set-aside within the SBDC program that would reward those centers
            that most efficiently utilize their resources and provide innovative methods to help entrepreneurs.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  2
                  2
                  2
               
               
                  12.1
                  Civilian personnel benefits
                  1
                  1
                  1
               
               
                  25.2
                  Other services from non-Federal sources
                  13
                  13
                  13
               
               
                  41.0
                  Grants, subsidies, and contributions
                  210
                  227
                  176
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  226
                  243
                  192
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  24
                  25
                  25
               
               
                  
                     
                  
               
            
         
      
         Surety Bond Guarantees Revolving Fund                                                                                    
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4156â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0801
                  Reimbursable obligations
                  16
                  17
                  17
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations (object class 42.0)
                  16
                  17
                  17
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  88
                  91
                  91
               
               
                  1033
                  Recoveries of prior year paid obligations
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  90
                  91
                  91
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  17
                  17
                  17
               
               
                  1930
                  Total budgetary resources available
                  107
                  108
                  108
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  91
                  91
                  91
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  
                  1
                  1
               
               
                  3010
                  New obligations, unexpired accounts
                  16
                  17
                  17
               
               
                  3020
                  Outlays (gross)
                  â15
                  â17
                  â17
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1
                  1
                  1
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  
                  1
                  1
               
               
                  3200
                  Obligated balance, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  17
                  17
                  17
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  15
                  17
                  17
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â19
                  â17
                  â17
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4053
                  Recoveries of prior year paid obligations, unexpired accounts
                  2
                  
                  
               
               
                  4080
                  Outlays, net (discretionary)
                  â4
                  
                  
               
               
                  4180
                  Budget authority, net (total)
                  
                  
                  
               
               
                  4190
                  Outlays, net (total)
                  â4
                  
                  
               
               
                  
                     
                  
               
            
         
      
      
         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 2019. Therefore,
            no new appropriated funds are requested in the Budget.
         
      
         Business loans program account
         (including transfer of funds)For the cost of direct loans, $4,000,000, 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 2019 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 2019 commitments for general business loans authorized under section 7(a) of the Small Business Act shall not exceed $30,000,000,000 for a combination of amortizing term loans and the aggregated maximum line of credit provided by revolving loans: Provided further, That, notwithstanding section 7(a)(23) of the Small Business Act, the Administration may assess fees pursuant
               to such section so that the cost of making guarantees under section 7(a) of such Act is less than zero: Provided further, That for fiscal year 2019, section 7(a)(23)(A) of the Small Business Act shall be applied by replacing "0.55
               percent" with "0.625 percent": Provided further, That for fiscal year 2019, section 7(a)(18)(A)(iii) of the Small Business
               Act shall be applied by adding "but less than $1,000,000" after "$700,000": Provided further, That for fiscal year 2019, section
               7(a)(18)(A) of the Small Business Act shall be applied by redesignating clause (iv) of such section as clause (v), and by
               inserting the following after clause (iv): "A guarantee fee not to exceed 3.75 percent of the deferred participation share
               of a total loan amount that is more than $1,000,000.": Provided further, That during fiscal year 2019 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 $1,000,000,000: Provided further, That during fiscal year 2019 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 2019, 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, $155,150,000 which may be transferred to and merged with the appropriations for Salaries and Expenses.
      Note.âA full-year 2018 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
         budget assumes this account is operating under the Continuing Appropriations Act, 2018 (Division D of P.L. 115â56, as amended).
         The amounts included for 2018 reflect the annualized level provided by the continuing resolution.
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  4
                  4
                  4
               
               
                  0705
                  Reestimates of direct loan subsidy
                  1
                  2
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  1
                  
                  
               
               
                  0707
                  Reestimates of loan guarantee subsidy
                  520
                  112
                  
               
               
                  0708
                  Interest on reestimates of loan guarantee subsidy
                  117
                  14
                  
               
               
                  0709
                  Administrative expenses
                  153
                  152
                  155
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  796
                  284
                  159
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  114
                  67
                  22
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  114
                  67
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  8
                  10
                  28
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  122
                  77
                  50
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  157
                  156
                  159
               
               
                  1131
                  Unobligated balance of appropriations permanently reduced
                  â55
                  â55
                  â50
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  102
                  101
                  109
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  639
                  128
                  
               
               
                  1900
                  Budget authority (total)
                  741
                  229
                  109
               
               
                  1930
                  Total budgetary resources available
                  863
                  306
                  159
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  67
                  22
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  42
                  22
                  60
               
               
                  3010
                  New obligations, unexpired accounts
                  796
                  284
                  159
               
               
                  3020
                  Outlays (gross)
                  â806
                  â236
                  â157
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â8
                  â10
                  â28
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  22
                  60
                  34
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  42
                  22
                  60
               
               
                  3200
                  Obligated balance, end of year
                  22
                  60
                  34
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  102
                  101
                  109
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  154
                  99
                  156
               
               
                  4011
                  Outlays from discretionary balances
                  13
                  9
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  167
                  108
                  157
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â2
                  
                  
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4052
                  Offsetting collections credited to expired accounts
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  102
                  101
                  109
               
               
                  4080
                  Outlays, net (discretionary)
                  165
                  108
                  157
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  639
                  128
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  639
                  128
                  
               
               
                  4180
                  Budget authority, net (total)
                  741
                  229
                  109
               
               
                  4190
                  Outlays, net (total)
                  804
                  236
                  157
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  7(m) Direct Microloans
                  44
                  44
                  42
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  44
                  44
                  42
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  7(m) Direct Microloans
                  9.08
                  8.91
                  8.77
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  9.08
                  8.91
                  8.77
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  7(m) Direct Microloans
                  4
                  4
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  4
                  4
                  4
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  7(m) Direct Microloans
                  4
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  4
                  3
                  3
               
               
                  
                  Direct loan reestimates:
               
               
                  135001
                  7(m) Direct Microloans
                  
                  1
                  
               
               
                  135011
                  Intermediary Lending Program
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  â1
                  1
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215002
                  7(a) General Business Loan Guarantees
                  24,012
                  27,313
                  30,000
               
               
                  215004
                  Section 504 Certified Development Companies Debentures
                  4,715
                  7,449
                  7,500
               
               
                  215006
                  SBIC Debentures
                  1,960
                  3,973
                  4,000
               
               
                  215010
                  Secondary Market Guarantee
                  9,301
                  11,919
                  12,000
               
               
                  215027
                  504 Commercial Real Estate (CRE) Refinance Program
                  271
                  7,449
                  1,000
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  40,259
                  58,103
                  54,500
               
               
                  
                  Guaranteed loan subsidy (in percent):
               
               
                  232002
                  7(a) General Business Loan Guarantees
                  0.00
                  0.00
                  -.31
               
               
                  232004
                  Section 504 Certified Development Companies Debentures
                  0.00
                  0.00
                  -.43
               
               
                  232006
                  SBIC Debentures
                  0.00
                  0.00
                  -.52
               
               
                  232010
                  Secondary Market Guarantee
                  0.00
                  0.00
                  -.04
               
               
                  232027
                  504 Commercial Real Estate (CRE) Refinance Program
                  0.00
                  0.00
                  -.43
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  232999
                  Weighted average subsidy rate
                  0.00
                  0.00
                  -.28
               
               
                  
                  Guaranteed loan subsidy budget authority:
               
               
                  233002
                  7(a) General Business Loan Guarantees
                  
                  
                  â93
               
               
                  233004
                  Section 504 Certified Development Companies Debentures
                  
                  
                  â32
               
               
                  233006
                  SBIC Debentures
                  
                  
                  â21
               
               
                  233010
                  Secondary Market Guarantee
                  
                  
                  â5
               
               
                  233027
                  504 Commercial Real Estate (CRE) Refinance Program
                  
                  
                  â4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  233999
                  Total subsidy budget authority
                  
                  
                  â155
               
               
                  
                  Guaranteed loan subsidy outlays:
               
               
                  234002
                  7(a) General Business Loan Guarantees
                  1
                  
                  â93
               
               
                  234004
                  Section 504 Certified Development Companies Debentures
                  10
                  7
                  â26
               
               
                  234006
                  SBIC Debentures
                  
                  
                  â21
               
               
                  234010
                  Secondary Market Guarantee
                  
                  
                  â5
               
               
                  234027
                  504 Commercial Real Estate (CRE) Refinance Program
                  
                  
                  â4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  234999
                  Total subsidy outlays
                  11
                  7
                  â149
               
               
                  
                  Guaranteed loan reestimates:
               
               
                  235002
                  7(a) General Business Loan Guarantees
                  â94
                  â757
                  
               
               
                  235003
                  7(a) General Business Loan GuaranteesâSTAR
                  â1
                  â3
                  
               
               
                  235004
                  Section 504 Certified Development Companies Debentures
                  â585
                  â484
                  
               
               
                  235006
                  SBIC Debentures
                  â157
                  â134
                  
               
               
                  235007
                  SBIC Participating Securities
                  â40
                  â90
                  
               
               
                  235008
                  SBIC New Market Venture Capital
                  12
                  7
                  
               
               
                  235010
                  Secondary Market Guarantee
                  511
                  20
                  
               
               
                  235015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  4
                  3
                  
               
               
                  235016
                  ARC Loan GuaranteesâARRA
                  â1
                  â1
                  
               
               
                  235017
                  7(a) General Business Loan GuaranteesâARRA
                  16
                  
                  
               
               
                  235018
                  Section 504 Certified Development CompaniesâARRA
                  â30
                  â12
                  
               
               
                  235026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  â22
                  â15
                  
               
               
                  235027
                  504 Commercial Real Estate (CRE) Refinance Program
                  â22
                  â27
                  
               
               
                  235028
                  7(a) Business Loan GuaranteesâARRA Extension
                  17
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  235999
                  Total guaranteed loan reestimates
                  â392
                  â1,492
                  
               
               
                  
                     
                  
               
            
         
      
      
         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 2019, the Budget proposes $159.2 million in new budget authority for the Business Loans Program account. This includes
            $155.2 million in administrative expenses funding and $4.0 million in credit subsidy for the direct Microloan Program to support
            a program level of $42.4 million. The SBA's business loan guarantee programs, the 7(a), 504 Certified Development Company
            (CDC), 504 Debt Refinancing, and Small Business Investment Company (SBIC) programs, will operate with no subsidy appropriations
            in 2019. The Budget supports a program level of $30.0 billion in Section 7(a) loan guarantees that provide general business
            credit assistance, while waiving upfront fees on SBA Express loans to Veterans. The Budget also proposes a program level of
            $7.5 billion for the guaranteed loan program authorized by Section 503 of the Small Business Investment Act of 1958 for long-term,
            fixed-rate financing and a program level of $1.0 billion for purposes of refinancing existing commercial mortgage and equipment
            debt authorized by Section 502 (7)(C) of the Small Business Investment Act of 1958. The 2019 Budget continues to support innovative
            financial instruments through the SBA's SBIC program by providing up to $4 billion in long-term guaranteed loans to support
            venture capital investments in small businesses. In addition, the Budget proposes a $12 billion program level for the Secondary
            Market Guarantee (SMG) program, which allows SBA's fiscal agent to pool the guaranteed portion of 7(a) loans and sell the
            securities to investors, in turn providing liquidity to participating 7(a) program lenders. 
         
         The Budget proposes that SBA introduce counter-cyclical policies to its business loan guarantee programs in 2019 that enable
            it to maintain its operations while ensuring that it is not displacing direct private lending. Through an adjustment of fees
            across its business loan guarantee programs, the SBA would cover its anticipated lending and offset administrative costs in
            2019. To better address unanticipated spikes in lending, Section 521 of the SBA administrative provisions proposes administrative
            flexibility to increase the 7(a) program level by 15 percent if the program demand were to exhaust the appropriated limit,
            with notification to the Appropriations and Small Business committees. Section 522 of the SBA administrative provisions proposes
            a $50 million cancellation of prior year unobligated balances appropriated for business loan subsidy for the 504 CDC program
            that are no longer necessary. Additionally, Section 526 of the SBA administrative provisions proposes an increase to the SBA
            Express program's loan limit from $350,000 to $1 million, and Section 527 proposes the introduction of an annual fee on SMG
            program certificate balances to improve and more efficiently sustain its operations. 
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.2
                  Other services from non-Federal sources
                  153
                  152
                  155
               
               
                  41.0
                  Grants, subsidies, and contributions
                  643
                  132
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  796
                  284
                  159
               
               
                  
                     
                  
               
            
         
      
         Business Direct Loan Financing Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  44
                  44
                  42
               
               
                  0713
                  Payment of interest to Treasury
                  5
                  5
                  5
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  2
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  51
                  50
                  47
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  2
                  6
                  7
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  4
                  3
                  3
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â5
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  1
                  9
                  10
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  43
                  40
                  38
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  39
                  40
                  38
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  â1
                  
                  
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â25
                  â32
                  â32
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  13
                  8
                  6
               
               
                  1900
                  Budget authority (total)
                  56
                  48
                  44
               
               
                  1930
                  Total budgetary resources available
                  57
                  57
                  54
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  6
                  7
                  7
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  43
                  41
                  53
               
               
                  3010
                  New obligations, unexpired accounts
                  51
                  50
                  47
               
               
                  3020
                  Outlays (gross)
                  â49
                  â35
                  â34
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â4
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  41
                  53
                  63
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â4
                  â3
                  â3
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â3
                  â3
                  â3
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  39
                  38
                  50
               
               
                  3200
                  Obligated balance, end of year
                  38
                  50
                  60
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  56
                  48
                  44
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  49
                  35
                  34
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Federal sources: Subsidy from program account
                  â4
                  â4
                  â4
               
               
                  4120
                  Upward reestimate
                  â1
                  â2
                  
               
               
                  4120
                  Interest on reestimate
                  â1
                  
                  
               
               
                  4122
                  Interest on uninvested funds
                  â2
                  â2
                  â2
               
               
                  4123
                  Repayments of principal, net
                  â31
                  â29
                  â29
               
               
                  4123
                  Other income
                  
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â39
                  â40
                  â38
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  18
                  8
                  6
               
               
                  4170
                  Outlays, net (mandatory)
                  10
                  â5
                  â4
               
               
                  4180
                  Budget authority, net (total)
                  18
                  8
                  6
               
               
                  4190
                  Outlays, net (total)
                  10
                  â5
                  â4
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1111
                  Direct loan obligations from current-year authority
                  44
                  44
                  42
               
               
                  1121
                  Limitation available from carry-forward
                  8
                  
                  
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â8
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  44
                  44
                  42
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  174
                  184
                  187
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  41
                  35
                  34
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â30
                  â31
                  â32
               
               
                  1263
                  Write-offs for default: Write-offs for default
                  â1
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  184
                  187
                  188
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2016 actual
                  2017 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  40
                  43
               
               
                  
                  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
                  174
                  184
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â13
                  â13
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  161
                  171
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  202
                  215
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  201
                  213
               
               
                  2104
                  Resources payable to Treasury (Downward Reestimate)
                  1
                  2
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  202
                  215
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  202
                  215
               
               
                  
                     
                  
               
            
         
      
         Business Guaranteed Loan Financing Account                                                                               
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Other Expenses
                  35
                  75
                  75
               
               
                  
                  Credit program obligations:
               
               
                  0711
                  Default claim payments on principal
                  1,054
                  1,550
                  1,680
               
               
                  0712
                  Default claim payments on interest
                  68
                  100
                  100
               
               
                  0713
                  Payment of interest to Treasury
                  64
                  80
                  80
               
               
                  0740
                  Negative subsidy obligations
                  
                  
                  155
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  846
                  1,397
                  
               
               
                  0743
                  Interest on downward reestimates
                  184
                  219
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  2,216
                  3,346
                  2,015
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  2,251
                  3,421
                  2,090
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  3,475
                  4,424
                  3,446
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  228
                  
                  
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  3,048
                  2,443
                  2,467
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  â18
                  
                  
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â58
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  2,972
                  2,443
                  2,467
               
               
                  1900
                  Budget authority (total)
                  3,200
                  2,443
                  2,467
               
               
                  1930
                  Total budgetary resources available
                  6,675
                  6,867
                  5,913
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  4,424
                  3,446
                  3,823
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  27
                  24
                  1,477
               
               
                  3010
                  New obligations, unexpired accounts
                  2,251
                  3,421
                  2,090
               
               
                  3020
                  Outlays (gross)
                  â2,254
                  â1,968
                  â1,889
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  24
                  1,477
                  1,678
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â38
                  â20
                  â20
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  18
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â20
                  â20
                  â20
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  â11
                  4
                  1,457
               
               
                  3200
                  Obligated balance, end of year
                  4
                  1,457
                  1,658
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  3,200
                  2,443
                  2,467
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  2,254
                  1,968
                  1,889
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Subsidy from program account
                  â11
                  â7
                  â6
               
               
                  4120
                  Upward reestimate
                  â520
                  â112
                  
               
               
                  4120
                  Interest on reestimate
                  â117
                  â14
                  
               
               
                  4122
                  Interest on uninvested funds
                  â93
                  â90
                  â90
               
               
                  4123
                  Fees
                  â1,378
                  â1,380
                  â1,531
               
               
                  4123
                  Principal
                  â784
                  â780
                  â780
               
               
                  4123
                  Interest
                  â63
                  â60
                  â60
               
               
                  4123
                  Sale of Foreclosed Property
                  â8
                  
                  
               
               
                  4123
                  Other
                  â74
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â3,048
                  â2,443
                  â2,467
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  18
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  170
                  
                  
               
               
                  4170
                  Outlays, net (mandatory)
                  â794
                  â475
                  â578
               
               
                  4180
                  Budget authority, net (total)
                  170
                  
                  
               
               
                  4190
                  Outlays, net (total)
                  â794
                  â475
                  â578
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2111
                  Guaranteed loan commitments from current-year authority
                  58,500
                  58,103
                  54,500
               
               
                  2121
                  Limitation available from carry-forward
                  
                  
                  
               
               
                  2142
                  Uncommitted loan guarantee limitation
                  â18,241
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  40,259
                  58,103
                  54,500
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  33,858
                  50,794
                  50,794
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  113,113
                  121,005
                  127,012
               
               
                  2231
                  Disbursements of new guaranteed loans
                  29,187
                  28,799
                  39,854
               
               
                  2251
                  Repayments and prepayments
                  â19,804
                  â21,186
                  â22,238
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  â1,220
                  â1,249
                  â1,254
               
               
                  2263
                  Terminations for default that result in claim payments
                  â271
                  â357
                  â358
               
               
                  2264
                  Other adjustments, net
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  121,005
                  127,012
                  143,016
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  99,512
                  104,453
                  117,615
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  4,201
                  3,710
                  3,778
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  1,008
                  1,320
                  1,326
               
               
                  2351
                  Repayments of loans receivable
                  â693
                  â376
                  â452
               
               
                  2361
                  Write-offs of loans receivable
                  â907
                  â876
                  â889
               
               
                  2364
                  Other adjustments, net
                  101
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  3,710
                  3,778
                  3,763
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2016 actual
                  2017 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  3,465
                  4,429
               
               
                  
                  Investments in US securities:
               
               
                  1106
                  Receivables, net
                  645
                  135
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  158
                  99
               
               
                  
                  Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
               
               
                  1501
                  Defaulted guaranteed loans receivable, gross
                  4,201
                  3,710
               
               
                  1504
                  Foreclosed property
                  17
                  9
               
               
                  1505
                  Allowance for subsidy cost (-)
                  â3,299
                  â2,829
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1599
                  Net present value of assets related to defaulted guaranteed loans
                  919
                  890
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  5,187
                  5,553
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  1,727
                  1,897
               
               
                  2105
                  Other
                  1,071
                  1,087
               
               
                  
                  Non-Federal liabilities:
               
               
                  2201
                  Accounts payable
                  18
                  13
               
               
                  2204
                  Liabilities for loan guarantees
                  2,371
                  2,556
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  5,187
                  5,553
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  5,187
                  5,553
               
               
                  
                     
                  
               
            
         
      
         Business Loan Fund Liquidating Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Guaranteed loan default claims
                  3
                  
                  
               
               
                  0006
                  Interest to UST
                  
                  1
                  1
               
               
                  0007
                  Other Expenses
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0600
                  Direct program activities, subtotal
                  3
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 33.0)
                  3
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  3
                  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
                  â3
                  â3
               
               
                  1900
                  Budget authority (total)
                  3
                  2
                  2
               
               
                  1930
                  Total budgetary resources available
                  3
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  1
                  3
                  3
               
               
                  3010
                  New obligations, unexpired accounts
                  3
                  2
                  2
               
               
                  3020
                  Outlays (gross)
                  â1
                  â2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  3
                  3
                  5
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1
                  3
                  3
               
               
                  3200
                  Obligated balance, end of year
                  3
                  3
                  5
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  3
                  2
                  2
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  2
                  
               
               
                  4101
                  Outlays from mandatory balances
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  1
                  2
                  
               
               
                  
                  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)
                  1
                  â1
                  â1
               
               
                  4190
                  Outlays, net (total)
                  â1
                  â1
                  â3
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  5
                  5
                  3
               
               
                  1251
                  Repayments: Repayments and prepayments
                  
                  â1
                  â1
               
               
                  1263
                  Write-offs for default: Write-offs for default
                  
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  5
                  3
                  1
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  1
                  1
                  1
               
               
                  2251
                  Repayments and prepayments
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  11
                  2
                  2
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  
                  
                  
               
               
                  2351
                  Repayments of loans receivable
                  
                  
                  
               
               
                  2361
                  Write-offs of loans receivable
                  â1
                  
                  
               
               
                  2364
                  Other adjustments, net
                  â8
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  2
                  2
                  2
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2016 actual
                  2017 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  1
                  3
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  
                  2
               
               
                  1601
                  Direct loans, gross
                  5
                  5
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â2
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  3
                  2
               
               
                  1701
                  Defaulted guaranteed loans, gross
                  11
                  2
               
               
                  1703
                  Allowance for estimated uncollectible loans and interest (-)
                  â3
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1799
                  Value of assets related to loan guarantees
                  8
                  
               
               
                  1801
                  Other Federal assets: Cash and other monetary assets
                  2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  14
                  7
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2102
                  Interest payable
                  
                  2
               
               
                  2104
                  Resources payable to Treasury
                  13
                  4
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  14
                  7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  14
                  7
               
               
                  
                     
                  
               
            
         
      
         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, $186,458,000,
            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 the appropriations
            for the Office of Inspector General; of which $176,458,000 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 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 the appropriations for Salaries and Expenses.
      Note.âA full-year 2018 appropriation for this account was not enacted at the time the budget was prepared; therefore, the
         budget assumes this account is operating under the Continuing Appropriations Act, 2018 (Division D of P.L. 115â56, as amended).
         The amounts included for 2018 reflect the annualized level provided by the continuing resolution.
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  187
                  138
                  135
               
               
                  0705
                  Reestimates of direct loan subsidy
                  8
                  8
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  2
                  4
                  
               
               
                  0709
                  Administrative expenses
                  385
                  185
                  186
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  582
                  335
                  321
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  568
                  688
                  590
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  568
                  688
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  56
                  40
                  40
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  624
                  728
                  630
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  186
                  27
                  27
               
               
                  1100
                  Appropriation-Discretionary, Disaster Relief pursuant to 2011 Budget Control Act, Appropriations Committee
                  450
                  158
                  159
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  636
                  185
                  186
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  10
                  12
                  
               
               
                  1900
                  Budget authority (total)
                  646
                  197
                  186
               
               
                  1930
                  Total budgetary resources available
                  1,270
                  925
                  816
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  688
                  590
                  495
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  103
                  114
                  62
               
               
                  3010
                  New obligations, unexpired accounts
                  582
                  335
                  321
               
               
                  3020
                  Outlays (gross)
                  â515
                  â347
                  â311
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â56
                  â40
                  â40
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  114
                  62
                  32
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  103
                  114
                  62
               
               
                  3200
                  Obligated balance, end of year
                  114
                  62
                  32
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  636
                  185
                  186
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  385
                  185
                  186
               
               
                  4011
                  Outlays from discretionary balances
                  120
                  150
                  125
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  505
                  335
                  311
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  10
                  12
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  10
                  12
                  
               
               
                  4180
                  Budget authority, net (total)
                  646
                  197
                  186
               
               
                  4190
                  Outlays, net (total)
                  515
                  347
                  311
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  Disaster Assistance Loans
                  1,297
                  1,100
                  1,100
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  1,297
                  1,100
                  1,100
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  Disaster Assistance Loans
                  14.42
                  12.54
                  12.29
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  14.42
                  12.54
                  12.29
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  Disaster Assistance Loans
                  187
                  138
                  135
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  187
                  138
                  135
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  Disaster Assistance Loans
                  120
                  76
                  88
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  120
                  76
                  88
               
               
                  
                  Direct loan reestimates:
               
               
                  135001
                  Disaster Assistance Loans
                  â155
                  â112
                  
               
               
                  135002
                  Economic Injury Disaster LoansâTerrorist Attack
                  â3
                  â2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  â158
                  â114
                  
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  385
                  184
                  184
               
               
                  3590
                  Outlays from new authority
                  385
                  184
                  184
               
               
                  
                     
                  
               
            
         
      
      
         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 2019, the Budget supports $1.1 billion in loans, the ten-year normalized average for such loans. The Budget requests $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 $27.6 million for administrative
            expenses related to non-major disasters. 
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.2
                  Other services from non-Federal sources
                  385
                  185
                  186
               
               
                  41.0
                  Grants, subsidies, and contributions
                  197
                  150
                  135
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  582
                  335
                  321
               
               
                  
                     
                  
               
            
         
      
         Disaster Direct Loan Financing Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0003
                  Other
                  16
                  25
                  25
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  1,297
                  1,100
                  1,100
               
               
                  0713
                  Payment of interest to Treasury
                  248
                  350
                  350
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  116
                  82
                  
               
               
                  0743
                  Interest on downward reestimates
                  51
                  45
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  1,712
                  1,577
                  1,450
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  1,728
                  1,602
                  1,475
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  411
                  126
                  312
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  460
                  99
                  99
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â650
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  221
                  225
                  411
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  1,278
                  1,089
                  965
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  1,069
                  1,500
                  1,500
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  12
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â900
                  â900
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â726
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  355
                  600
                  600
               
               
                  1900
                  Budget authority (total)
                  1,633
                  1,689
                  1,565
               
               
                  1930
                  Total budgetary resources available
                  1,854
                  1,914
                  1,976
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  126
                  312
                  501
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  856
                  805
                  795
               
               
                  3010
                  New obligations, unexpired accounts
                  1,728
                  1,602
                  1,475
               
               
                  3020
                  Outlays (gross)
                  â1,319
                  â1,513
                  â1,513
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â460
                  â99
                  â99
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  805
                  795
                  658
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â103
                  â115
                  â115
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  â12
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â115
                  â115
                  â115
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  753
                  690
                  680
               
               
                  3200
                  Obligated balance, end of year
                  690
                  680
                  543
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  1,633
                  1,689
                  1,565
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  1,319
                  1,513
                  1,513
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â120
                  â76
                  â88
               
               
                  4120
                  Upward reestimate
                  â8
                  â8
                  
               
               
                  4120
                  Interest on upward reestimate
                  â2
                  â4
                  
               
               
                  4122
                  Interest income from Treasury
                  â61
                  â230
                  â230
               
               
                  4123
                  Repayments of principal, net
                  â878
                  â1,182
                  â1,182
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â1,069
                  â1,500
                  â1,500
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â12
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  552
                  189
                  65
               
               
                  4170
                  Outlays, net (mandatory)
                  250
                  13
                  13
               
               
                  4180
                  Budget authority, net (total)
                  552
                  189
                  65
               
               
                  4190
                  Outlays, net (total)
                  250
                  13
                  13
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1121
                  Limitation available from carry-forward
                  4,188
                  4,188
                  4,188
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â2,891
                  â3,088
                  â3,088
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  1,297
                  1,100
                  1,100
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  6,027
                  6,191
                  6,316
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  888
                  712
                  1,032
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â638
                  â500
                  â490
               
               
                  
                  Write-offs for default:
               
               
                  1263
                  Direct loans
                  â85
                  â87
                  â89
               
               
                  1264
                  Other adjustments, net (+ or -)
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  6,191
                  6,316
                  6,769
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2016 actual
                  2017 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  1,174
                  417
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  6,027
                  6,191
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â937
                  â896
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  5,090
                  5,295
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  6,264
                  5,712
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  6,260
                  5,709
               
               
                  2105
                  Other
                  4
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  6,264
                  5,712
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  6,264
                  5,712
               
               
                  
                     
                  
               
            
         
      
         Disaster Loan Fund Liquidating Account                                                                                   
            
         Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  1
                  1
                  1
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  â1
                  â1
                  â1
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â1
                  â1
                  â1
               
               
                  4180
                  Budget authority, net (total)
                  â1
                  â1
                  â1
               
               
                  4190
                  Outlays, net (total)
                  â1
                  â1
                  â1
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  2
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  2
                  2
                  2
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2016 actual
                  2017 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  
                  
               
               
                  1601
                  Direct loans, net
                  2
                  2
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  2
                  2
               
               
                  
                  LIABILITIES:
               
               
                  2104
                  Federal liabilities: Resources payable to Treasury
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  2
                  2
               
               
                  
                     
                  
               
            
         
      
         GENERAL FUND RECEIPT ACCOUNTS                                                                                            
            
         (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2017 actual
                  2018 est.
                  2019 est.
               
               
                  
                     
                  
               
               
                  Offsetting receipts from the public:
               
               
                  073â272130
                  Disaster Loan Program, Downward Reestimates of Subsidies
                  168
                  126
                  
               
               
                  073â272210
                  Business Loan Program, Negative Subsidies
                  
                  
                  155
               
               
                  073â272230
                  Business Loan Program, Downward Reestimates of Subsidies
                  1,033
                  1,617
                  
               
               
                  073â322000
                  All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  General Fund Offsetting receipts from the public
                  1,200
                  1,743
                  155
               
               
                  
                     
                  
               
            
         
      
      
          
      
         ADMINISTRATIVE PROVISIONS                                                                                                
            
         
         Administrative ProvisionsâSmall Business Administration'
      			
      (including cancellation and transfer of funds)SEC. 520. Not to exceed 5 percent of any appropriation made available in this title for the Small Business Administration may be transferred
      between such appropriations upon the advance notification to the Committees on Appropriations of the House of Representatives
      and the Senate: Provided, That no transfer under this section may increase any such appropriation by more than 10 percent.SEC. 521. For loans and loan guarantees that do not require budget authority and the program level has been established in this Act,
      the Administrator of the Small Business Administration may increase the program level for such loans and loan guarantees by
      not more than 15 percent: Provided, That prior to the Administrator implementing such an increase, the Administrator notifies, in writing, the Committees on
      Appropriations and Small Business of both Houses of Congress at least 15 days in advance.SEC. 522.   Of the unobligated balances from prior year appropriations available under the "Business Loans Program Account" heading for
            the Certified Development Company Program, $50,000,000 are hereby permanently cancelled: Provided, That no amounts may be
            cancelled from amounts that were designated by the Congress as an emergency requirement pursuant to a concurrent resolution
            on the budget or the Balanced Budget and Emergency Deficit Control Act of 1985. SEC. 523.   REPEAL OF CERTAIN DISASTER AND BUSINESS LOAN PROGRAM AUTHORITIES. (a)  Section 42 of the Small Business Act (15 U.S.C. 657n) is repealed. 
      (b)  Section 7(c) of the Small Business Act (15 U.S.C. 636(c)) is repealed. 
      (c)  Section 12085 of Public Law 110â246 is repealed. 
      (d)  Section 7(a)(31)(H) of the Small Business Act (15 U.S.C. 636(a)(31)(H)) is repealed. SEC. 524. AMENDMENTS TO 7(m) MICROLOAN PROGRAM.(a) Section 7(m) of the Small Business Act (15 U.S.C. 636(m)) is amendedâ(1) in subparagraph (4)(E) by striking ''25 percent'' in clauses (i) and (ii) and inserting ''50 percent'';
         (2) in paragraph (7), by striking subparagraph (B); and
         (3)  in paragraph (11), byâ (A)  striking "; or" and inserting "." in subclause (A)(iv)(II); and 
            (B)  striking "," and inserting "; or" in clause (A)(v). 
         
      SEC. 525. SMALL BUSINESS DEVELOPMENT CENTER AND WOMEN'S BUSINESS CENTER PROGRAM EVALUATIONS.
      (a) Section 21(a)(7)(A) of the Small Business Act (15 U.S.C. 648(a)(7)(A)) is amended byâ
         (1) striking the word "or" at the end of clause (i);
         (2) striking the period at the end of clause (ii) and inserting "; or"; and
         
         (3) adding the following new clause: "(iii) the Administrator considers such a disclosure to be necessary for the purpose of conducting
            a program evaluation.".
         
      
      (b) Section 29(n)(1) of the Small Business Act (15 U.S.C. 656(n)(1)) is amended byâ
         (1) striking the word "or" at the end of subparagraph (A);
         (2) striking the period at the end of subparagraph (B) and inserting "; or"; and
         (3) adding the following new subparagraph: "(C) the Administrator considers such a disclosure to be necessary for the purpose
            of conducting a program evaluation.".
         
      SEC. 526.  INCREASED EXPRESS LOAN LIMIT.âSection 7(a)(31)(D) of the Small Business Act (15 U.S.C. 636(a)(31)(D)) is amended by striking
            "$350,000" and inserting "$1,000,000". SEC. 527.  CHANGES TO 7(a) SECONDARY MARKET FEE PROVISIONS.  (a)  Section 5(g)(2) of the Small Business Act is amended by: (1)  renumbering the current paragraph as subparagraph (A); and 
         (2)  adding a new subparagraph (B) to read as follows:"(B) With respect to the Administration's guarantee of the timely payment
                  of the principal and interest on the trust certificates issued under this subsection, the Administration may assess, collect,
                  and retain an annual fee, in an amount established once annually by the Administration in the Administration's budget request
                  to Congress, not to exceed 0.05 percent per year of the outstanding balance of such trust certificates. The fee shall, at
                  a minimum, offset the cost (as that term is defined in section 502 of the Federal Credit Reform Act of 1990) to the Administration
                  of such guarantee, and any amounts received that exceed the cost of the timely payment guarantee shall be maintained in accordance
                  with the Federal Credit Reform Act. The fee shall be payable solely by the holders of such trust certificates and shall not
                  be charged to any borrower whose loan is represented in the secondary market. The Administration may contract with an agent
                  to carry out, on behalf of the Administration, the assessment and collection of this fee. The fee shall be deducted from the
                  amounts otherwise payable to such holders of the trust certificates."