[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, $272,157,000, of which not less than $12,000,000 shall be available for examinations, reviews, and other lender oversight
               activities: 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 2020: Provided further, That $6,100,000 shall be available for the Loan Modernization and Accounting System, to be available until September 30,
            2021.
      Note.âA full-year 2019 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, 2019 (Division C of P.L. 115â245, as amended).
         The amounts included for 2019 reflect the annualized level provided by the continuing resolution.  
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Executive direction
                  72
                  66
                  71
               
               
                  0002
                  Capital Access
                  79
                  81
                  82
               
               
                  0003
                  Gov. Contracting/Bus. Development
                  29
                  28
                  29
               
               
                  0004
                  Entrepreneurial Development
                  8
                  12
                  13
               
               
                  0005
                  Chief Operating Office
                  28
                  26
                  27
               
               
                  0006
                  Office of Chief Information Officer
                  51
                  37
                  37
               
               
                  0007
                  Regional & district offices
                  96
                  99
                  100
               
               
                  0008
                  Agency wide costs
                  54
                  67
                  68
               
               
                  0009
                  Non credit programs
                  3
                  3
                  3
               
               
                  0012
                  Disaster
                  551
                  
                  177
               
               
                  0013
                  Investment & Innovation
                  22
                  16
                  17
               
               
                  0014
                  International Trade
                  6
                  6
                  7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  999
                  441
                  631
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  389
                  458
                  458
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  10
                  
                  
               
               
                  1033
                  Recoveries of prior year paid obligations
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  400
                  458
                  458
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  269
                  269
                  272
               
               
                  1120
                  Appropriations transferred to other acct [073â1159]
                  
                  
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  269
                  269
                  270
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  618
                  
                  177
               
               
                  1700
                  Collected
                  172
                  172
                  175
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  790
                  172
                  352
               
               
                  1900
                  Budget authority (total)
                  1,059
                  441
                  622
               
               
                  1930
                  Total budgetary resources available
                  1,459
                  899
                  1,080
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â2
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  458
                  458
                  449
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  168
                  192
                  55
               
               
                  3010
                  New obligations, unexpired accounts
                  999
                  441
                  631
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  5
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â962
                  â578
                  â607
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â10
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â8
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  192
                  55
                  79
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  168
                  192
                  55
               
               
                  3200
                  Obligated balance, end of year
                  192
                  55
                  79
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  1,059
                  441
                  622
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  847
                  290
                  426
               
               
                  4011
                  Outlays from discretionary balances
                  115
                  288
                  181
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  962
                  578
                  607
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â772
                  â154
                  â333
               
               
                  4033
                  Non-Federal sources
                  â20
                  â19
                  â19
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  â792
                  â173
                  â352
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4052
                  Offsetting collections credited to expired accounts
                  1
                  1
                  
               
               
                  4053
                  Recoveries of prior year paid obligations, unexpired accounts
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4060
                  Additional offsets against budget authority only (total)
                  2
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  269
                  269
                  270
               
               
                  4080
                  Outlays, net (discretionary)
                  170
                  405
                  255
               
               
                  4180
                  Budget authority, net (total)
                  269
                  269
                  270
               
               
                  4190
                  Outlays, net (total)
                  170
                  405
                  255
               
               
                  
                     
                  
               
            
         
      
      
         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 2020 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 and enterprise-wide technology modernization initiatives
            including hardware, software and application standardization, mobile shared services implementation, security vulnerability
            reduction, and infrastructure upgrades. In 2020, the Budget includes $6 million to upgrade SBA's existing headquarters space
            pursuant to the approved prospectus for the GSA replacement of the current lease. It also supports $2.5 million for further
            systems development needed to implement the Women-Owned Small Business Certification Program, and $2.5 million to conduct
            a comprehensive evaluation of the Small Business Investment Company (SBIC) program and develop a plan to ensure that SBICs
            provide innovative and modern financial services to American small businesses.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  193
                  207
                  212
               
               
                  11.3
                  Other than full-time permanent
                  5
                  6
                  6
               
               
                  11.5
                  Other personnel compensation
                  5
                  4
                  4
               
               
                  11.8
                  Special personal services payments
                  
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  203
                  219
                  224
               
               
                  12.1
                  Civilian personnel benefits
                  69
                  70
                  71
               
               
                  21.0
                  Travel and transportation of persons
                  5
                  5
                  5
               
               
                  23.1
                  Rental payments to GSA
                  36
                  42
                  44
               
               
                  23.3
                  Communications, utilities, and miscellaneous charges
                  9
                  7
                  7
               
               
                  24.0
                  Printing and reproduction
                  
                  1
                  1
               
               
                  25.1
                  Advisory and assistance services
                  
                  1
                  1
               
               
                  25.2
                  Other services from non-Federal sources
                  113
                  49
                  49
               
               
                  25.3
                  Other purchases of goods and services from Government accounts (Disaster Administrative Expenses)
                  551
                  23
                  205
               
               
                  25.4
                  Operation and maintenance of facilities
                  
                  3
                  3
               
               
                  25.7
                  Operation and maintenance of equipment
                  
                  13
                  13
               
               
                  26.0
                  Supplies and materials
                  2
                  3
                  3
               
               
                  31.0
                  Equipment
                  6
                  2
                  2
               
               
                  41.0
                  Grants, subsidies, and contributions
                  5
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  999
                  441
                  631
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  5,470
                  3,115
                  3,079
               
               
                  
                     
                  
               
            
         
      
         Office of Inspector GeneralFor 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 2019 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, 2019 (Division C of P.L. 115â245, as amended).
         The amounts included for 2019 reflect the annualized level provided by the continuing resolution.  
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Audit
                  8
                  9
                  10
               
               
                  0002
                  Investigations
                  12
                  11
                  12
               
               
                  0003
                  Management and Operations
                  1
                  2
                  2
               
               
                  0004
                  Immediate office and Counsel
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  22
                  23
                  25
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4
                  9
                  6
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  27
                  20
                  22
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  
                  
                  2
               
               
                  1900
                  Budget authority (total)
                  27
                  20
                  24
               
               
                  1930
                  Total budgetary resources available
                  31
                  29
                  30
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  9
                  6
                  5
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  3
                  3
                  4
               
               
                  3010
                  New obligations, unexpired accounts
                  22
                  23
                  25
               
               
                  3020
                  Outlays (gross)
                  â22
                  â22
                  â25
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  3
                  4
                  4
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  3
                  3
                  4
               
               
                  3200
                  Obligated balance, end of year
                  3
                  4
                  4
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  27
                  20
                  24
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  19
                  18
                  22
               
               
                  4011
                  Outlays from discretionary balances
                  3
                  4
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  22
                  22
                  25
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  
                  
                  â2
               
               
                  4180
                  Budget authority, net (total)
                  27
                  20
                  22
               
               
                  4190
                  Outlays, net (total)
                  22
                  22
                  23
               
               
                  
                     
                  
               
            
         
      
      
         The 2020 Budget proposes $21.9 million in new budget authority and $1.6 million transferred from the Disaster Loans Program
            account for a total of $23.5 million for the Office of Inspector General. 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
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  12
                  13
                  13
               
               
                  12.1
                  Civilian personnel benefits
                  5
                  5
                  6
               
               
                  25.2
                  Other services
                  4
                  4
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  21
                  22
                  23
               
               
                  99.0
                  Reimbursable obligations
                  1
                  1
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  22
                  23
                  25
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  107
                  114
                  118
               
               
                  
                     
                  
               
            
         
      
         Office of AdvocacyFor necessary expenses of the Office of Advocacy in carrying out the provisions of title II of Public Law 94â305 (15 U.S.C.
            634a et seq.) and the Regulatory Flexibility Act of 1980 (5 U.S.C. 601 et seq.), $9,120,000, to remain available until expended.
      Note.âA full-year 2019 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, 2019 (Division C of P.L. 115â245, as amended).
         The amounts included for 2019 reflect the annualized level provided by the continuing resolution.  
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Office of Advocacy (Direct)
                  9
                  9
                  9
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  2
                  2
                  2
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  9
                  9
                  9
               
               
                  1930
                  Total budgetary resources available
                  11
                  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
                  1
                  
                  1
               
               
                  3010
                  New obligations, unexpired accounts
                  9
                  9
                  9
               
               
                  3020
                  Outlays (gross)
                  â10
                  â8
                  â8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  
                  1
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1
                  
                  1
               
               
                  3200
                  Obligated balance, end of year
                  
                  1
                  2
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  9
                  9
                  9
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  9
                  8
                  8
               
               
                  4011
                  Outlays from discretionary balances
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  10
                  8
                  8
               
               
                  4180
                  Budget authority, net (total)
                  9
                  9
                  9
               
               
                  4190
                  Outlays, net (total)
                  10
                  8
                  8
               
               
                  
                     
                  
               
            
         
      
      
         The 2020 Budget proposes $9.1 million in new budget authority for 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
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  6
                  6
                  6
               
               
                  12.1
                  Civilian personnel benefits
                  2
                  2
                  2
               
               
                  25.2
                  Other services from non-Federal sources
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  9
                  9
                  9
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  47
                  52
                  52
               
               
                  
                     
                  
               
            
         
      
         Entrepreneurial Development ProgramFor necessary expenses of programs supporting entrepreneurial and small business development, $180,650,000, to remain available until September 30, 2021: Provided, That $101,000,000 shall be available to fund grants for performance in fiscal year 2020 or fiscal year 2021 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 $8,000,000 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 2019 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, 2019 (Division C of P.L. 115â245, as amended).
         The amounts included for 2019 reflect the annualized level provided by the continuing resolution.  
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Non-Credit Programs
                  248
                  247
                  181
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  29
                  30
                  30
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  4
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  33
                  30
                  30
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  247
                  247
                  181
               
               
                  1900
                  Budget authority (total)
                  247
                  247
                  181
               
               
                  1930
                  Total budgetary resources available
                  280
                  277
                  211
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â2
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  30
                  30
                  30
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  207
                  224
                  266
               
               
                  3010
                  New obligations, unexpired accounts
                  248
                  247
                  181
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  4
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â222
                  â205
                  â204
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â4
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â9
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  224
                  266
                  243
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  207
                  224
                  266
               
               
                  3200
                  Obligated balance, end of year
                  224
                  266
                  243
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  247
                  247
                  181
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  54
                  86
                  63
               
               
                  4011
                  Outlays from discretionary balances
                  168
                  119
                  141
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  222
                  205
                  204
               
               
                  4180
                  Budget authority, net (total)
                  247
                  247
                  181
               
               
                  4190
                  Outlays, net (total)
                  222
                  205
                  204
               
               
                  
                     
                  
               
            
         
      
      
         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 (VBOC), 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
            initiatives, such as the HubZone Program and other outreach and contracting activities. In 2020, 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
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  2
                  3
                  3
               
               
                  12.1
                  Civilian personnel benefits
                  1
                  1
                  1
               
               
                  25.2
                  Other services from non-Federal sources
                  19
                  18
                  14
               
               
                  41.0
                  Grants, subsidies, and contributions
                  226
                  225
                  163
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  248
                  247
                  181
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  19
                  25
                  25
               
               
                  
                     
                  
               
            
         
      
         Information Technology System Modernization and Working Capital Fund 
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1159â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Direct program activity
                  
                  
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0100
                  Direct program activities, subtotal
                  
                  
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 31.0)
                  
                  
                  2
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1121
                  Appropriations transferred from other acct [073â0100]
                  
                  
                  2
               
               
                  1930
                  Total budgetary resources available
                  
                  
                  2
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3010
                  New obligations, unexpired accounts
                  
                  
                  2
               
               
                  3020
                  Outlays (gross)
                  
                  
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  
                  
                  1
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3200
                  Obligated balance, end of year
                  
                  
                  1
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  
                  
                  2
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  
                  
                  1
               
               
                  4180
                  Budget authority, net (total)
                  
                  
                  2
               
               
                  4190
                  Outlays, net (total)
                  
                  
                  1
               
               
                  
                     
                  
               
            
         
      
      
          As authorized by Section 1077(b)(1) of title X of division A of the National Defense Authorization Act for Fiscal Year 2018,
            this account provides financial resources for long-term system modernization projects. In 2020, it will create greater efficiencies
            for SBA's management of long-term systems projects such as a Customer Relationship Management platform, development of cloud
            shared services, and an Identify, Credential, and Access Management (ICAM) solution.
         
      
         Surety Bond Guarantees Revolving FundProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4156â0â3â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0801
                  Reimbursable obligations
                  18
                  18
                  18
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 42.0)
                  18
                  18
                  18
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  92
                  97
                  97
               
               
                  1033
                  Recoveries of prior year paid obligations
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  94
                  97
                  97
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  21
                  18
                  18
               
               
                  1930
                  Total budgetary resources available
                  115
                  115
                  115
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  97
                  97
                  97
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3010
                  New obligations, unexpired accounts
                  18
                  18
                  18
               
               
                  3020
                  Outlays (gross)
                  â18
                  â18
                  â18
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  21
                  18
                  18
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  
                  18
                  18
               
               
                  4011
                  Outlays from discretionary balances
                  18
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  18
                  18
                  18
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â23
                  â18
                  â18
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4053
                  Recoveries of prior year paid obligations, unexpired accounts
                  2
                  
                  
               
               
                  4080
                  Outlays, net (discretionary)
                  â5
                  
                  
               
               
                  4180
                  Budget authority, net (total)
                  
                  
                  
               
               
                  4190
                  Outlays, net (total)
                  â5
                  
                  
               
               
                  
                     
                  
               
            
         
      
      
         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 2020. 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 2020 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 2020 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 during fiscal year  2020 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 2020 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 2020, 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 2019 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, 2019 (Division C of P.L. 115â245, as amended).
         The amounts included for 2019 reflect the annualized level provided by the continuing resolution.  
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  3
                  3
                  4
               
               
                  0705
                  Reestimates of direct loan subsidy
                  2
                  1
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  
                  1
                  
               
               
                  0707
                  Reestimates of loan guarantee subsidy
                  112
                  60
                  
               
               
                  0708
                  Interest on reestimates of loan guarantee subsidy
                  14
                  23
                  
               
               
                  0709
                  Administrative expenses
                  153
                  153
                  155
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  284
                  241
                  159
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  67
                  78
                  83
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  67
                  78
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  11
                  5
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  78
                  83
                  86
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  156
                  156
                  159
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  128
                  85
                  
               
               
                  1900
                  Budget authority (total)
                  284
                  241
                  159
               
               
                  1930
                  Total budgetary resources available
                  362
                  324
                  245
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  78
                  83
                  86
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  22
                  8
                  4
               
               
                  3010
                  New obligations, unexpired accounts
                  284
                  241
                  159
               
               
                  3020
                  Outlays (gross)
                  â287
                  â240
                  â160
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â11
                  â5
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  8
                  4
                  
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  22
                  8
                  4
               
               
                  3200
                  Obligated balance, end of year
                  8
                  4
                  
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  156
                  156
                  159
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  154
                  153
                  156
               
               
                  4011
                  Outlays from discretionary balances
                  5
                  2
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  159
                  155
                  160
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  128
                  85
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  128
                  85
                  
               
               
                  4180
                  Budget authority, net (total)
                  284
                  241
                  159
               
               
                  4190
                  Outlays, net (total)
                  287
                  240
                  160
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  7(m) Direct Microloans
                  36
                  36
                  40
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  36
                  36
                  40
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  7(m) Direct Microloans
                  8.91
                  8.77
                  9.29
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  8.91
                  8.77
                  9.29
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  7(m) Direct Microloans
                  3
                  3
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  3
                  3
                  4
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  7(m) Direct Microloans
                  3
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  3
                  3
                  3
               
               
                  
                  Direct loan reestimates:
               
               
                  135001
                  7(m) Direct Microloans
                  1
                  
                  
               
               
                  135010
                  7(m) Direct Microloans â ARRA
                  
                  â1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  1
                  â1
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215002
                  7(a) General Business Loan Guarantees
                  23,866
                  29,000
                  30,000
               
               
                  215004
                  Section 504 Certified Development Companies Debentures
                  4,593
                  7,500
                  7,500
               
               
                  215006
                  SBIC Debentures
                  2,522
                  4,000
                  4,000
               
               
                  215010
                  Secondary Market Guarantee
                  7,999
                  12,000
                  12,000
               
               
                  215027
                  504 Commercial Real Estate (CRE) Refinance Program
                  150
                  7,500
                  1,000
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  39,130
                  60,000
                  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
                  
                  
                  â93
               
               
                  234004
                  Section 504 Certified Development Companies Debentures
                  2
                  6
                  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
                  2
                  6
                  â149
               
               
                  
                  Guaranteed loan reestimates:
               
               
                  235002
                  7(a) General Business Loan Guarantees
                  â757
                  â143
                  
               
               
                  235003
                  7(a) General Business Loan GuaranteesâSTAR
                  â3
                  â1
                  
               
               
                  235004
                  Section 504 Certified Development Companies Debentures
                  â484
                  â344
                  
               
               
                  235006
                  SBIC Debentures
                  â134
                  â109
                  
               
               
                  235007
                  SBIC Participating Securities
                  â90
                  â97
                  
               
               
                  235008
                  SBIC New Market Venture Capital
                  7
                  â10
                  
               
               
                  235010
                  Secondary Market Guarantee
                  20
                  â41
                  
               
               
                  235015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  3
                  â5
                  
               
               
                  235016
                  ARC Loan GuaranteesâARRA
                  â1
                  â1
                  
               
               
                  235017
                  7(a) General Business Loan GuaranteesâARRA
                  
                  3
                  
               
               
                  235018
                  Section 504 Certified Development CompaniesâARRA
                  â12
                  â2
                  
               
               
                  235026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  â15
                  â7
                  
               
               
                  235027
                  504 Commercial Real Estate (CRE) Refinance Program
                  â27
                  â17
                  
               
               
                  235028
                  7(a) Business Loan GuaranteesâARRA Extension
                  1
                  7
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  235999
                  Total guaranteed loan reestimates
                  â1,492
                  â767
                  
               
               
                  
                     
                  
               
            
         
      
      
         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 2020, 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 $40 million. The 2020 Budget requests no subsidy appropriation for SBA's business loan guarantee programs,
            the 7(a), 504 Certified Development Company (CDC), 504 Debt Refinancing, and Small Business Investment Company (SBIC) programs.
            The Budget supports a program level of $30 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 2020 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 supports 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 2020 by enabling
            it to adjust fees to cover its anticipated lending and offset administrative costs. In the absence of this flexibility to
            adjust fees, the 7(a) program will not be able to operate at zero subsidy under current law in 2020. The Budget also proposes
            to increase the loan limit for SBA Express loans and loans to small manufacturers, and to introduce an annual fee on trust
            certificate holders to help cover the costs of improving and maintaining the SMG program.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.3
                  Other goods and services from Federal sources
                  153
                  153
                  155
               
               
                  41.0
                  Grants, subsidies, and contributions
                  131
                  88
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  284
                  241
                  159
               
               
                  
                     
                  
               
            
         
      
         Business Direct Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  36
                  36
                  40
               
               
                  0713
                  Payment of interest to Treasury
                  5
                  5
                  5
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  1
                  3
                  
               
               
                  0743
                  Interest on downward reestimates
                  
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  42
                  45
                  45
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  5
                  4
                  5
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  2
                  3
                  3
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â5
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  2
                  7
                  8
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  34
                  38
                  38
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  44
                  37
                  38
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â34
                  â32
                  â32
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  10
                  5
                  6
               
               
                  1900
                  Budget authority (total)
                  44
                  43
                  44
               
               
                  1930
                  Total budgetary resources available
                  46
                  50
                  52
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  4
                  5
                  7
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  42
                  38
                  46
               
               
                  3010
                  New obligations, unexpired accounts
                  42
                  45
                  45
               
               
                  3020
                  Outlays (gross)
                  â44
                  â34
                  â34
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â2
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  38
                  46
                  54
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â4
                  â4
                  â4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â4
                  â4
                  â4
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  38
                  34
                  42
               
               
                  3200
                  Obligated balance, end of year
                  34
                  42
                  50
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  44
                  43
                  44
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  44
                  34
                  34
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Federal sources: Subsidy from program account
                  â3
                  â3
                  â4
               
               
                  4120
                  Upward reestimate
                  â2
                  â1
                  
               
               
                  4120
                  Interest on reestimate
                  
                  â1
                  
               
               
                  4122
                  Interest on uninvested funds
                  â2
                  â2
                  â2
               
               
                  4123
                  Repayments of principal, net
                  â37
                  â29
                  â29
               
               
                  4123
                  Other income
                  
                  â1
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â44
                  â37
                  â38
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  
                  6
                  6
               
               
                  4170
                  Outlays, net (mandatory)
                  
                  â3
                  â4
               
               
                  4180
                  Budget authority, net (total)
                  
                  6
                  6
               
               
                  4190
                  Outlays, net (total)
                  
                  â3
                  â4
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1111
                  Direct loan obligations from current-year authority
                  36
                  36
                  40
               
               
                  1121
                  Limitation available from carry-forward
                  16
                  
                  
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â16
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  36
                  36
                  40
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  184
                  191
                  192
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  38
                  32
                  32
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â32
                  â30
                  â32
               
               
                  1263
                  Write-offs for default: Direct loans
                  â1
                  â1
                  â1
               
               
                  1264
                  Other adjustments, net (+ or -)
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  191
                  192
                  191
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2017 actual
                  2018 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  43
                  38
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  1
                  1
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  184
                  191
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â13
                  â20
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  171
                  171
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  215
                  210
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  213
                  209
               
               
                  2104
                  Resources payable to Treasury (Downward Reestimate)
                  2
                  1
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  215
                  210
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  215
                  210
               
               
                  
                     
                  
               
            
         
      
         Business Guaranteed Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Other Expenses
                  33
                  75
                  75
               
               
                  
                  Credit program obligations:
               
               
                  0711
                  Default claim payments on principal
                  1,032
                  1,680
                  1,680
               
               
                  0712
                  Default claim payments on interest
                  59
                  100
                  100
               
               
                  0713
                  Payment of interest to Treasury
                  67
                  80
                  80
               
               
                  0740
                  Negative subsidy obligations
                  
                  
                  155
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  1,397
                  688
                  
               
               
                  0743
                  Interest on downward reestimates
                  219
                  161
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  2,774
                  2,709
                  2,015
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  2,807
                  2,784
                  2,090
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4,424
                  4,257
                  4,348
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â203
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  4,221
                  4,257
                  4,348
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  256
                  306
                  356
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  2,600
                  2,569
                  2,586
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  â13
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  2,587
                  2,569
                  2,586
               
               
                  1900
                  Budget authority (total)
                  2,843
                  2,875
                  2,942
               
               
                  1930
                  Total budgetary resources available
                  7,064
                  7,132
                  7,290
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  4,257
                  4,348
                  5,200
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  25
                  24
                  919
               
               
                  3010
                  New obligations, unexpired accounts
                  2,807
                  2,784
                  2,090
               
               
                  3020
                  Outlays (gross)
                  â2,808
                  â1,889
                  â1,889
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  24
                  919
                  1,120
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â20
                  â7
                  â7
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  13
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â7
                  â7
                  â7
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  5
                  17
                  912
               
               
                  3200
                  Obligated balance, end of year
                  17
                  912
                  1,113
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  2,843
                  2,875
                  2,942
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  2,808
                  1,889
                  1,889
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Subsidy from program account
                  â2
                  â6
                  â6
               
               
                  4120
                  Upward reestimate
                  â112
                  â60
                  
               
               
                  4120
                  Interest on reestimate
                  â14
                  â23
                  
               
               
                  4122
                  Interest on uninvested funds
                  â89
                  â90
                  â90
               
               
                  4123
                  Fees
                  â1,418
                  â1,420
                  â1,520
               
               
                  4123
                  Principal
                  â868
                  â870
                  â870
               
               
                  4123
                  Interest
                  â68
                  â70
                  â70
               
               
                  4123
                  Sale of Foreclosed Property
                  â3
                  
                  
               
               
                  4123
                  Other
                  â26
                  â30
                  â30
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â2,600
                  â2,569
                  â2,586
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  13
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  256
                  306
                  356
               
               
                  4170
                  Outlays, net (mandatory)
                  208
                  â680
                  â697
               
               
                  4180
                  Budget authority, net (total)
                  256
                  306
                  356
               
               
                  4190
                  Outlays, net (total)
                  208
                  â680
                  â697
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2111
                  Guaranteed loan commitments from current-year authority
                  60,000
                  60,000
                  54,500
               
               
                  2121
                  Limitation available from carry-forward
                  
                  
                  
               
               
                  2142
                  Uncommitted loan guarantee limitation
                  â20,870
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  39,130
                  60,000
                  54,500
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  32,796
                  50,794
                  50,794
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  121,005
                  128,765
                  141,335
               
               
                  2231
                  Disbursements of new guaranteed loans
                  29,432
                  35,976
                  40,814
               
               
                  2251
                  Repayments and prepayments
                  â20,195
                  â21,490
                  â23,588
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  â1,246
                  â1,550
                  â1,792
               
               
                  2263
                  Terminations for default that result in claim payments
                  â238
                  â366
                  â416
               
               
                  2264
                  Other adjustments, net
                  7
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  128,765
                  141,335
                  156,353
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  105,574
                  115,881
                  128,219
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  3,710
                  3,228
                  3,615
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  992
                  1,570
                  1,786
               
               
                  2351
                  Repayments of loans receivable
                  â699
                  â379
                  â495
               
               
                  2361
                  Write-offs of loans receivable
                  â788
                  â804
                  â905
               
               
                  2364
                  Other adjustments, net
                  13
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  3,228
                  3,615
                  4,001
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2017 actual
                  2018 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  4,429
                  4,274
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  135
                  145
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  99
                  90
               
               
                  
                  Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
               
               
                  1501
                  Defaulted guaranteed loans receivable, gross
                  3,710
                  3,228
               
               
                  1502
                  Interest receivable
                  
                  
               
               
                  1504
                  Foreclosed property
                  9
                  14
               
               
                  1505
                  Allowance for subsidy cost (-)
                  â2,829
                  â2,423
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1599
                  Net present value of assets related to defaulted guaranteed loans
                  890
                  819
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  5,553
                  5,328
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  1,897
                  1,950
               
               
                  2105
                  Other
                  1,087
                  703
               
               
                  
                  Non-Federal liabilities:
               
               
                  2201
                  Accounts payable
                  13
                  12
               
               
                  2204
                  Liabilities for loan guarantees
                  2,556
                  2,663
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  5,553
                  5,328
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  5,553
                  5,328
               
               
                  
                     
                  
               
            
         
      
         Business Loan Fund Liquidating AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0006
                  Interest to UST
                  1
                  1
                  1
               
               
                  0007
                  Other Expenses
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0600
                  Direct program activities, subtotal
                  1
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 43.0)
                  1
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  1
                  2
                  2
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  3
                  3
                  3
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  â3
                  â3
                  â3
               
               
                  1900
                  Budget authority (total)
                  1
                  2
                  2
               
               
                  1930
                  Total budgetary resources available
                  1
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  3
                  1
                  1
               
               
                  3010
                  New obligations, unexpired accounts
                  1
                  2
                  2
               
               
                  3020
                  Outlays (gross)
                  â3
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1
                  1
                  1
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  3
                  1
                  1
               
               
                  3200
                  Obligated balance, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  1
                  2
                  2
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  2
                  2
               
               
                  4101
                  Outlays from mandatory balances
                  3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  3
                  2
                  2
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â3
                  â3
                  â3
               
               
                  4180
                  Budget authority, net (total)
                  â2
                  â1
                  â1
               
               
                  4190
                  Outlays, net (total)
                  
                  â1
                  â1
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  5
                  4
                  2
               
               
                  1251
                  Repayments: Repayments and prepayments
                  
                  â1
                  â1
               
               
                  1263
                  Write-offs for default: Direct loans
                  â1
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  4
                  2
                  
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2018 actual
                  2019 est.
                  2020 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
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  2
                  1
                  1
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  
                  
                  
               
               
                  2351
                  Repayments of loans receivable
                  â1
                  
                  
               
               
                  2361
                  Write-offs of loans receivable
                  
                  
                  
               
               
                  2364
                  Other adjustments, net
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2017 actual
                  2018 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  3
                  1
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  2
                  
               
               
                  1601
                  Direct loans, gross
                  5
                  4
               
               
                  1602
                  Interest receivable
                  
                  
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â3
                  â7
               
               
                  1606
                  Foreclosed property
                  
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  2
                  1
               
               
                  1701
                  Defaulted guaranteed loans, gross
                  2
                  1
               
               
                  1703
                  Allowance for estimated uncollectible loans and interest (-)
                  â2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1799
                  Value of assets related to loan guarantees
                  
                  1
               
               
                  1801
                  Other Federal assets: Cash and other monetary assets
                  
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  7
                  5
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2102
                  Interest payable
                  2
                  1
               
               
                  2104
                  Resources payable to Treasury
                  4
                  4
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  7
                  5
               
               
                  
                  NET POSITION:
               
               
                  3100
                  Unexpended appropriations
                  
                  
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  3999
                  Total net position
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  7
                  5
               
               
                  
                     
                  
               
            
         
      
         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, $177,136,000, to be available until expended, of which $1,600,000 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 $167,136,000 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 $8,400,000 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 2019 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, 2019 (Division C of P.L. 115â245, as amended).
         The amounts included for 2019 reflect the annualized level provided by the continuing resolution.  
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  548
                  381
                  150
               
               
                  0705
                  Reestimates of direct loan subsidy
                  8
                  122
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  4
                  7
                  
               
               
                  0709
                  Administrative expenses
                  618
                  
                  177
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  1,178
                  510
                  327
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  687
                  1,226
                  885
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  687
                  1,226
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  55
                  40
                  40
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  742
                  1,266
                  925
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  1,652
                  
                  26
               
               
                  1100
                  Appropriation, disaster relief pursuant Stafford Act
                  
                  
                  151
               
               
                  1131
                  Unobligated balance of appropriations permanently reduced
                  â3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  1,649
                  
                  177
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  13
                  129
                  
               
               
                  1900
                  Budget authority (total)
                  1,662
                  129
                  177
               
               
                  1930
                  Total budgetary resources available
                  2,404
                  1,395
                  1,102
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  1,226
                  885
                  775
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  115
                  150
                  366
               
               
                  3010
                  New obligations, unexpired accounts
                  1,178
                  510
                  327
               
               
                  3020
                  Outlays (gross)
                  â1,088
                  â254
                  â302
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â55
                  â40
                  â40
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  150
                  366
                  351
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  115
                  150
                  366
               
               
                  3200
                  Obligated balance, end of year
                  150
                  366
                  351
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  1,649
                  
                  177
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  618
                  
                  177
               
               
                  4011
                  Outlays from discretionary balances
                  457
                  125
                  125
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  1,075
                  125
                  302
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  13
                  129
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  13
                  129
                  
               
               
                  4180
                  Budget authority, net (total)
                  1,662
                  129
                  177
               
               
                  4190
                  Outlays, net (total)
                  1,088
                  254
                  302
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  Disaster Assistance Loans
                  4,373
                  3,100
                  1,100
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  4,373
                  3,100
                  1,100
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  Disaster Assistance Loans
                  12.54
                  12.29
                  13.62
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  12.54
                  12.29
                  13.62
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  Disaster Assistance Loans
                  548
                  381
                  150
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  548
                  381
                  150
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  Disaster Assistance Loans
                  457
                  88
                  88
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  457
                  88
                  88
               
               
                  
                  Direct loan reestimates:
               
               
                  135001
                  Disaster Assistance Loans
                  â112
                  38
                  
               
               
                  135002
                  Economic Injury Disaster LoansâTerrorist Attack
                  â2
                  â2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  â114
                  36
                  
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  618
                  
                  177
               
               
                  3590
                  Outlays from new authority
                  618
                  
                  177
               
               
                  
                     
                  
               
            
         
      
      
         As required by the Federal Credit Reform Act of 1990, as amended, for loans made pursuant to Section 7(b) of the Small Business
            Act, as amended, this account records 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 the disaster loan 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 for up to 30 years
            to borrowers who have incurred uninsured physical losses or economic injury as the result of a disaster. 
         
         In 2020, the Budget supports $1.1 billion in loans, the ten-year normalized average for such loans. The Budget requests $150.9
            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 $26.2 million for administrative
            expenses related to non-major disasters. 
         
         
         
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.3
                  Other goods and services from Federal sources
                  618
                  
                  177
               
               
                  41.0
                  Grants, subsidies, and contributions
                  560
                  510
                  150
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  1,178
                  510
                  327
               
               
                  
                     
                  
               
            
         
      
         Disaster Direct Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0003
                  Other
                  15
                  25
                  25
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  4,373
                  3,100
                  1,100
               
               
                  0713
                  Payment of interest to Treasury
                  314
                  350
                  350
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  82
                  60
                  
               
               
                  0743
                  Interest on downward reestimates
                  45
                  33
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  4,814
                  3,543
                  1,450
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  4,829
                  3,568
                  1,475
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  124
                  453
                  213
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  382
                  99
                  99
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â122
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  384
                  552
                  312
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  3,950
                  2,719
                  965
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  1,455
                  1,500
                  1,500
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  36
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â990
                  â900
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â543
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  948
                  510
                  600
               
               
                  1900
                  Budget authority (total)
                  4,898
                  3,229
                  1,565
               
               
                  1930
                  Total budgetary resources available
                  5,282
                  3,781
                  1,877
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  453
                  213
                  402
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  806
                  1,212
                  3,168
               
               
                  3010
                  New obligations, unexpired accounts
                  4,829
                  3,568
                  1,475
               
               
                  3020
                  Outlays (gross)
                  â4,041
                  â1,513
                  â1,513
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â382
                  â99
                  â99
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1,212
                  3,168
                  3,031
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â115
                  â151
                  â151
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  â36
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â151
                  â151
                  â151
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  691
                  1,061
                  3,017
               
               
                  3200
                  Obligated balance, end of year
                  1,061
                  3,017
                  2,880
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  4,898
                  3,229
                  1,565
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  4,041
                  1,513
                  1,513
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â457
                  â88
                  â88
               
               
                  4120
                  Upward reestimate
                  â8
                  â122
                  
               
               
                  4120
                  Interest on upward reestimate
                  â4
                  â7
                  
               
               
                  4122
                  Interest income from Treasury
                  â96
                  â230
                  â230
               
               
                  4123
                  Repayments of principal, net
                  â890
                  â1,053
                  â1,182
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â1,455
                  â1,500
                  â1,500
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â36
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  3,407
                  1,729
                  65
               
               
                  4170
                  Outlays, net (mandatory)
                  2,586
                  13
                  13
               
               
                  4180
                  Budget authority, net (total)
                  3,407
                  1,729
                  65
               
               
                  4190
                  Outlays, net (total)
                  2,586
                  13
                  13
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1121
                  Limitation available from carry-forward
                  5,462
                  9,430
                  6,330
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â1,089
                  â6,330
                  â5,230
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  4,373
                  3,100
                  1,100
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  6,191
                  9,059
                  9,044
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  3,597
                  706
                  1,036
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â664
                  â580
                  â706
               
               
                  1263
                  Write-offs for default: Direct loans
                  â96
                  â141
                  â140
               
               
                  1264
                  Other adjustments, net (+ or -)
                  31
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  9,059
                  9,044
                  9,234
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2017 actual
                  2018 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  417
                  1,290
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  
                  129
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  6,191
                  9,059
               
               
                  1402
                  Interest receivable
                  
                  
               
               
                  1404
                  Foreclosed property
                  
                  2
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â896
                  â1,325
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  5,295
                  7,736
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  5,712
                  9,155
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  5,709
                  9,054
               
               
                  2105
                  Other
                  3
                  93
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  
                  8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  5,712
                  9,155
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  5,712
                  9,155
               
               
                  
                     
                  
               
            
         
      
         Disaster Loan Fund Liquidating AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2018 actual
                  2019 est.
                  2020 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
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  2
                  1
                  1
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2017 actual
                  2018 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  
                  
               
               
                  1601
                  Direct loans, net
                  2
                  1
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  2
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  2
                  1
               
               
                  
                  LIABILITIES:
               
               
                  2104
                  Federal liabilities: Resources payable to Treasury
                  2
                  1
               
               
                  
                  NET POSITION:
               
               
                  3100
                  Unexpended appropriations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  2
                  1
               
               
                  
                     
                  
               
            
         
      
         GENERAL FUND RECEIPT ACCOUNTS(in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2018 actual
                  2019 est.
                  2020 est.
               
               
                  
                     
                  
               
               
                  Offsetting receipts from the public:
               
               
                  073â272130
                  Disaster Loan Program, Downward Reestimates of Subsidies
                  126
                  93
                  
               
               
                  073â272210
                  Business Loan Program, Negative Subsidies
                  
                  
                  155
               
               
                  073â272230
                  Business Loan Program, Downward Reestimates of Subsidies
                  1,618
                  852
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  General Fund Offsetting receipts from the public
                  1,744
                  945
                  155
               
               
                  
                     
                  
               
            
         
      
      
          
      
         ADMINISTRATIVE PROVISIONS
         Administrative ProvisionsâSmall Business Administration'
      			
      (includingtransfer 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.  Not to exceed 3 percent of any appropriation made available in this Act for the Small Business Administration under the headings
            ''Salaries and Expenses'' and ''Business Loans Program Account'' may be transferred to the "Information Technology System
            Modernization and Working Capital Fund" (IT WCF), authorized by Section 1077(b)(1) of title X of division A of the National
            Defense Authorization Act for Fiscal Year 2018, for the purposes specified in section 1077(b)(3) of such Act, upon the advance
            approval of the Committees on Appropriations of the House of Representatives and the Senate: Provided, That amounts transferred
            to the IT WCF under this section shall remain available for obligation through September 30, 2023. SEC. 522.  BUSINESS LOAN PROGRAM FEE PROVISIONS.  (a)  Section 7(a)(18) of the Small Business Act (15 U.S.C. 636(a)(18)) is amended byâ  (1)   rewriting the parenthetical in paragraph (A) to read as follows: "(other than a loan that is repayable in 1 year or less,
                  which shall have a guarantee fee not to exceed 0.50 percent of the deferred participation of the total loan)";  
         (2)  striking "$700,000" and inserting instead "$500,000" in paragraph (A)(ii);  
         (3)  striking "$700,000" and inserting instead "$500,000, but not more than $1,500,000" in paragraph (A)(iii);  
         (4)  redesignating clause (iv) of paragraph (A) as clause (v); and  
         (5)  adding a new clause (iv) to paragraph (A) that reads as follows: "(iv) A guarantee fee not to exceed 4 percent of the deferred
                  participation share of a total loan amount that is more than $1,500,00.".  
      
      (b)  Section 7(a)(23) of the Small Business Act (15 U.S.C. 636(a)(23)(A)) is amended byâ  (1)  rewriting paragraph (A) to read as follows: "(A) IN GENERAL.âWith respect to each loan approved under this subsection, the
                  Administration shall assess, collect, and retain a fee, not to exceed 0.55 percent per year of the outstanding balance of
                  the deferred participation share of the loan for a total loan amount of $1,500,000 or less, or 0.83 percent per year of the
                  outstanding balance of the deferred participation share of the loan for a total loan amount greater than $1,500,000. Such
                  amount shall be established once annually by the Administration in the Administration's annual budget request to Congress,
                  as necessary to reduce to zero (or, in the discretion of the Administration, less than zero) the cost to the Administration
                  of making guarantees under this subsection. As used in this paragraph, the term "cost" has the meaning given that term in
                  section 502 of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a)."; and 
         (2)  striking the phrase "to zero" in paragraph (C), and deleting clause (ii) of such paragraph.  
      
      (c)  Section 7(a)(26) of the Small Business Act (15 U.S.C. 636(a)(26)) is amended by inserting ", at a minimum," before the word
               "offset".  SEC. 523.  LENDING TO SMALL MANUFACTURERS. Section 502(2)(A)(iii) of the Small Business Investment Act of 1958 (15 U.S.C. 696(2)(A)(iii))
            is amended by striking "$5,500,000" and inserting "$6,500,000".  SEC. 524. REPEAL OF CERTAIN DISASTER  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 111â246 is repealed.
      
      (d) Section 7(a)(31)(H) of the Small Business Act (15 U.S.C. 636(a)(31)(H)) is repealed.
      (e)   Section 2102(b) of Public Law 114â88 is repealed. SEC. 525. AMENDMENTS TO 7(m) MICROLOAN PROGRAM. Section 7(m) of the Small Business Act (15 U.S.C. 636(m)) is amended in paragraph (7) by striking subparagraph (B) in its
         entirety.SEC. 526. 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. 527. 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. 528. CHANGES TO 7(a) SECONDARY MARKET FEE PROVISIONS.
      (a) Section 5(g)(2) of the Small Business Act is amended byâ(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.".