[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 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,  $287,947,000, 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  2021: Provided further, That $6,100,000 shall be available for the Loan Modernization and Accounting System, to be available until September 30,
             2022.
      (Financial Services and General Government Appropriations Act, 2020.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Executive direction
                  70
                  71
                  76
               
               
                  0002
                  Capital Access
                  81
                  80
                  82
               
               
                  0003
                  Gov. Contracting/Bus. Development
                  29
                  31
                  35
               
               
                  0004
                  Entrepreneurial Development
                  9
                  9
                  10
               
               
                  0005
                  Chief Operating Office
                  27
                  31
                  33
               
               
                  0006
                  Office of Chief Information Officer
                  50
                  35
                  39
               
               
                  0007
                  Regional & district offices
                  98
                  103
                  106
               
               
                  0008
                  Agency wide costs
                  56
                  65
                  73
               
               
                  0009
                  Non credit programs
                  3
                  5
                  4
               
               
                  0012
                  Disaster
                  342
                  177
                  168
               
               
                  0013
                  Investment & Innovation
                  20
                  19
                  20
               
               
                  0014
                  International Trade
                  7
                  7
                  8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  792
                  633
                  654
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  458
                  130
                  123
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  13
                  
                  
               
               
                  1033
                  Recoveries of prior year paid obligations
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  473
                  130
                  123
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  268
                  270
                  288
               
               
                  1120
                  Appropriations transferred to other acct [073â1161]
                  â6
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  262
                  270
                  288
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected - Disaster Transfer
                  9
                  177
                  177
               
               
                  1700
                  Collected
                  179
                  179
                  175
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  188
                  356
                  352
               
               
                  1900
                  Budget authority (total)
                  450
                  626
                  640
               
               
                  1930
                  Total budgetary resources available
                  923
                  756
                  763
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â1
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  130
                  123
                  109
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  192
                  199
                  222
               
               
                  3010
                  New obligations, unexpired accounts
                  792
                  633
                  654
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  2
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â763
                  â610
                  â624
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â13
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â11
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  199
                  222
                  252
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  192
                  199
                  222
               
               
                  3200
                  Obligated balance, end of year
                  199
                  222
                  252
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  450
                  626
                  640
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  342
                  429
                  437
               
               
                  4011
                  Outlays from discretionary balances
                  421
                  181
                  187
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  763
                  610
                  624
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â167
                  â337
                  â333
               
               
                  4033
                  Non-Federal sources
                  â23
                  â19
                  â19
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  â190
                  â356
                  â352
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4053
                  Recoveries of prior year paid obligations, unexpired accounts
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4060
                  Additional offsets against budget authority only (total)
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  262
                  270
                  288
               
               
                  4080
                  Outlays, net (discretionary)
                  573
                  254
                  272
               
               
                  4180
                  Budget authority, net (total)
                  262
                  270
                  288
               
               
                  4190
                  Outlays, net (total)
                  573
                  254
                  272
               
               
                  
                     
                  
               
            
         
      
      
         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 2021 Budget provides $6 million
            in funding for the continued modernization of the loan management accounting systems, which will improve oversight of SBA's
            more than $143 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. The Budget includes funding to support hiring for the Women-Owned Small Business Certification
            program and Transition Assistance Program implementation.  
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  231
                  185
                  191
               
               
                  11.3
                  Other than full-time permanent
                  89
                  71
                  73
               
               
                  11.5
                  Other personnel compensation
                  17
                  14
                  14
               
               
                  11.8
                  Special personal services payments
                  34
                  27
                  28
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  371
                  297
                  306
               
               
                  12.1
                  Civilian personnel benefits
                  127
                  102
                  105
               
               
                  21.0
                  Travel and transportation of persons
                  31
                  25
                  26
               
               
                  23.1
                  Rental payments to GSA
                  48
                  38
                  40
               
               
                  23.3
                  Communications, utilities, and miscellaneous charges
                  17
                  14
                  14
               
               
                  25.1
                  Advisory and assistance services
                  4
                  3
                  3
               
               
                  25.2
                  Other services from non-Federal sources
                  113
                  90
                  94
               
               
                  25.3
                  Other purchases of goods and services from Government accounts (Disaster Administrative Expenses)
                  38
                  30
                  31
               
               
                  25.4
                  Operation and maintenance of facilities
                  4
                  3
                  3
               
               
                  25.5
                  Research and development contracts
                  9
                  7
                  7
               
               
                  25.7
                  Operation and maintenance of equipment
                  19
                  15
                  16
               
               
                  26.0
                  Supplies and materials
                  7
                  6
                  6
               
               
                  31.0
                  Equipment
                  1
                  1
                  1
               
               
                  41.0
                  Grants, subsidies, and contributions
                  3
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  792
                  633
                  654
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  4,008
                  3,079
                  3,085
               
               
                  
                     
                  
               
            
         
      
         office of inspector generalFor necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978,
             $22,011,000.
      (Financial Services and General Government Appropriations Act, 2020.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Audit
                  8
                  10
                  10
               
               
                  0002
                  Investigations
                  12
                  12
                  12
               
               
                  0003
                  Management and Operations
                  2
                  2
                  2
               
               
                  0004
                  Immediate office and Counsel
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  23
                  25
                  25
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  9
                  8
                  7
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  22
                  22
                  22
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  1
                  2
                  2
               
               
                  1900
                  Budget authority (total)
                  23
                  24
                  24
               
               
                  1930
                  Total budgetary resources available
                  32
                  32
                  31
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â1
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  8
                  7
                  6
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  3
                  3
                  3
               
               
                  3010
                  New obligations, unexpired accounts
                  23
                  25
                  25
               
               
                  3020
                  Outlays (gross)
                  â23
                  â25
                  â26
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  3
                  3
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  3
                  3
                  3
               
               
                  3200
                  Obligated balance, end of year
                  3
                  3
                  2
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  23
                  24
                  24
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  18
                  22
                  22
               
               
                  4011
                  Outlays from discretionary balances
                  5
                  3
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  23
                  25
                  26
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â1
                  â2
                  â2
               
               
                  4180
                  Budget authority, net (total)
                  22
                  22
                  22
               
               
                  4190
                  Outlays, net (total)
                  22
                  23
                  24
               
               
                  
                     
                  
               
            
         
      
      
         The 2021 Budget proposes $22.0 million in new budget authority and $1.6 million transferred from the Disaster Loans Program
            account for a total of $23.6 million for the Office of Inspector General. This appropriation provides funds to promote economy
            and efficiency in SBA operations and to prevent and detect waste, fraud, and abuse through agency-wide audit, investigative,
            and related functions.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  13
                  14
                  15
               
               
                  12.1
                  Civilian personnel benefits
                  5
                  5
                  5
               
               
                  25.2
                  Other services
                  4
                  4
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  22
                  23
                  23
               
               
                  99.0
                  Reimbursable obligations
                  1
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  23
                  25
                  25
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  110
                  118
                  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.),  $9,190,000, to remain available until expended.
      (Financial Services and General Government Appropriations Act, 2020.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Office of Advocacy (Direct)
                  11
                  9
                  9
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  2
                  
                  
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  9
                  9
                  9
               
               
                  1930
                  Total budgetary resources available
                  11
                  9
                  9
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  1
                  2
                  3
               
               
                  3010
                  New obligations, unexpired accounts
                  11
                  9
                  9
               
               
                  3020
                  Outlays (gross)
                  â10
                  â8
                  â8
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  2
                  3
                  4
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1
                  2
                  3
               
               
                  3200
                  Obligated balance, end of year
                  2
                  3
                  4
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  9
                  9
                  9
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  8
                  8
                  8
               
               
                  4011
                  Outlays from discretionary balances
                  2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  10
                  8
                  8
               
               
                  4180
                  Budget authority, net (total)
                  9
                  9
                  9
               
               
                  4190
                  Outlays, net (total)
                  10
                  8
                  8
               
               
                  
                     
                  
               
            
         
      
      
         The 2021 Budget proposes $9.2 million in new budget authority for the Office of Advocacy to carry out its statutory duties,
            including those under the Regulatory Flexibility Act. 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
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  7
                  6
                  6
               
               
                  12.1
                  Civilian personnel benefits
                  3
                  2
                  2
               
               
                  25.2
                  Other services from non-Federal sources
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  11
                  9
                  9
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  53
                  52
                  55
               
               
                  
                     
                  
               
            
         
      
         Entrepreneurial Development ProgramsFor necessary expenses of programs supporting entrepreneurial and small business development,  $167,600,000, to remain available until September 30,  2022: Provided, That  $87,860,000 shall be available to fund grants for performance in fiscal year  2021 or fiscal year  2022 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 that assist small business concerns authorized under
            section 22(l) of the Small Business Act (15 U.S.C. 649(l)).
      (Financial Services and General Government Appropriations Act, 2020.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Non-Credit Programs
                  252
                  261
                  168
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  31
                  27
                  27
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  32
                  27
                  27
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  248
                  261
                  168
               
               
                  1900
                  Budget authority (total)
                  248
                  261
                  168
               
               
                  1930
                  Total budgetary resources available
                  280
                  288
                  195
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â1
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  27
                  27
                  27
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  224
                  237
                  314
               
               
                  3010
                  New obligations, unexpired accounts
                  252
                  261
                  168
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  2
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â232
                  â184
                  â207
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â1
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â8
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  237
                  314
                  275
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  224
                  237
                  314
               
               
                  3200
                  Obligated balance, end of year
                  237
                  314
                  275
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  248
                  261
                  168
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  51
                  91
                  59
               
               
                  4011
                  Outlays from discretionary balances
                  181
                  93
                  148
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  232
                  184
                  207
               
               
                  4180
                  Budget authority, net (total)
                  248
                  261
                  168
               
               
                  4190
                  Outlays, net (total)
                  232
                  184
                  207
               
               
                  
                     
                  
               
            
         
      
      
         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 2021, 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
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  2
                  2
                  2
               
               
                  12.1
                  Civilian personnel benefits
                  1
                  1
                  1
               
               
                  25.2
                  Other services from non-Federal sources
                  20
                  21
                  13
               
               
                  41.0
                  Grants, subsidies, and contributions
                  229
                  237
                  152
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  252
                  261
                  168
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  20
                  25
                  25
               
               
                  
                     
                  
               
            
         
      
         Information Technology System Modernization and Working Capital FundProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1161â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  IT Working Capital Fund
                  
                  4
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 25.2)
                  
                  4
                  2
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  
                  6
                  2
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1121
                  Appropriations transferred from other acct [073â0100]
                  6
                  
                  
               
               
                  1930
                  Total budgetary resources available
                  6
                  6
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  6
                  2
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  
                  
                  4
               
               
                  3010
                  New obligations, unexpired accounts
                  
                  4
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  
                  4
                  6
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  
                  
                  4
               
               
                  3200
                  Obligated balance, end of year
                  
                  4
                  6
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  6
                  
                  
               
               
                  4180
                  Budget authority, net (total)
                  6
                  
                  
               
               
                  4190
                  Outlays, net (total)
                  
                  
                  
               
               
                  
                     
                  
               
            
         
      
         Surety Bond Guarantees Revolving FundProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4156â0â3â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0801
                  Reimbursable obligations
                  19
                  18
                  18
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 42.0)
                  19
                  18
                  18
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  97
                  100
                  100
               
               
                  1033
                  Recoveries of prior year paid obligations
                  4
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  101
                  100
                  100
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  18
                  18
                  18
               
               
                  1930
                  Total budgetary resources available
                  119
                  118
                  118
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  100
                  100
                  100
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3010
                  New obligations, unexpired accounts
                  19
                  18
                  18
               
               
                  3020
                  Outlays (gross)
                  â19
                  â18
                  â18
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  18
                  18
                  18
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  
                  18
                  18
               
               
                  4011
                  Outlays from discretionary balances
                  19
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  19
                  18
                  18
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â22
                  â18
                  â18
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4053
                  Recoveries of prior year paid obligations, unexpired accounts
                  4
                  
                  
               
               
                  4080
                  Outlays, net (discretionary)
                  â3
                  
                  
               
               
                  4180
                  Budget authority, net (total)
                  
                  
                  
               
               
                  4190
                  Outlays, net (total)
                  â3
                  
                  
               
               
                  
                     
                  
               
            
         
      
      
         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 2021. Therefore,
            no new appropriated funds are requested in the Budget.
         
      
         Business loans program account
         (including transfers 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  2021 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  2021 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  2021 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  2021 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  2021, guarantees of trust certificates authorized by section 5(g) of the Small Business Act shall not exceed a principal amount
            of  $13,000,000,000. In addition, for administrative expenses to carry out the direct and guaranteed loan programs,  $160,300,000, which may be transferred to and merged with the appropriations for Salaries and Expenses.
      (Financial Services and General Government Appropriations Act, 2020.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  4
                  5
                  4
               
               
                  0702
                  Loan guarantee subsidy
                  
                  99
                  
               
               
                  0705
                  Reestimates of direct loan subsidy
                  1
                  1
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  1
                  
                  
               
               
                  0707
                  Reestimates of loan guarantee subsidy
                  60
                  38
                  
               
               
                  0708
                  Interest on reestimates of loan guarantee subsidy
                  23
                  14
                  
               
               
                  0709
                  Administrative expenses
                  155
                  155
                  160
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  244
                  312
                  164
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  78
                  34
                  22
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  
                  34
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  6
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  84
                  37
                  25
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  159
                  259
                  164
               
               
                  1131
                  Unobligated balance of appropriations permanently reduced
                  â50
                  â16
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  109
                  243
                  164
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  85
                  54
                  
               
               
                  1900
                  Budget authority (total)
                  194
                  297
                  164
               
               
                  1930
                  Total budgetary resources available
                  278
                  334
                  189
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  34
                  22
                  25
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  8
                  2
                  16
               
               
                  3010
                  New obligations, unexpired accounts
                  244
                  312
                  164
               
               
                  3020
                  Outlays (gross)
                  â244
                  â295
                  â164
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â6
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  2
                  16
                  13
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  8
                  2
                  16
               
               
                  3200
                  Obligated balance, end of year
                  2
                  16
                  13
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  109
                  243
                  164
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  156
                  238
                  161
               
               
                  4011
                  Outlays from discretionary balances
                  3
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  159
                  241
                  164
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â1
                  
                  
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4052
                  Offsetting collections credited to expired accounts
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  109
                  243
                  164
               
               
                  4080
                  Outlays, net (discretionary)
                  158
                  241
                  164
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  85
                  54
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  85
                  54
                  
               
               
                  4180
                  Budget authority, net (total)
                  194
                  297
                  164
               
               
                  4190
                  Outlays, net (total)
                  243
                  295
                  164
               
               
                  
                     
                  
               
            
         
      
      Summary of Budget Authority and Outlays (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  Enacted/requested:
               
               
                  
                  Budget Authority
                  194
                  297
                  164
               
               
                  
                  Outlays
                  243
                  295
                  164
               
               
                  Legislative proposal, not subject to PAYGO:
               
               
                  
                  Budget Authority
                  
                  
                  â80
               
               
                  
                  Outlays
                  
                  
                  â80
               
               
                  Total:
               
               
                  
                  Budget Authority
                  194
                  297
                  84
               
               
                  
                  Outlays
                  243
                  295
                  84
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  7(m) Direct Microloans
                  42
                  50
                  41
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  42
                  50
                  41
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  7(m) Direct Microloans
                  8.77
                  9.29
                  8.99
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  8.77
                  9.29
                  8.99
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  7(m) Direct Microloans
                  4
                  5
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  4
                  5
                  4
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  7(m) Direct Microloans
                  3
                  5
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  3
                  5
                  4
               
               
                  
                  Direct loan reestimates:
               
               
                  135010
                  7(m) Direct Microloans â ARRA
                  â1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  â1
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215002
                  7(a) General Business Loan Guarantees
                  21,503
                  30,000
                  30,000
               
               
                  215004
                  Section 504 Certified Development Companies Debentures
                  4,804
                  7,500
                  7,500
               
               
                  215006
                  SBIC Debentures
                  1,614
                  4,000
                  4,000
               
               
                  215010
                  Secondary Market Guarantee
                  8,498
                  12,000
                  13,000
               
               
                  215027
                  504 Commercial Real Estate (CRE) Refinance Program
                  150
                  7,500
                  1,000
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  36,569
                  61,000
                  55,500
               
               
                  
                  Guaranteed loan subsidy (in percent):
               
               
                  232002
                  7(a) General Business Loan Guarantees
                  0.00
                  0.33
                  0.00
               
               
                  232004
                  Section 504 Certified Development Companies Debentures
                  0.00
                  0.00
                  0.00
               
               
                  232006
                  SBIC Debentures
                  0.00
                  0.00
                  0.00
               
               
                  232010
                  Secondary Market Guarantee
                  0.00
                  0.00
                  0.00
               
               
                  232027
                  504 Commercial Real Estate (CRE) Refinance Program
                  0.00
                  0.00
                  0.00
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  232999
                  Weighted average subsidy rate
                  0.00
                  0.16
                  0.00
               
               
                  
                  Guaranteed loan subsidy budget authority:
               
               
                  233002
                  7(a) General Business Loan Guarantees
                  
                  99
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  233999
                  Total subsidy budget authority
                  
                  99
                  
               
               
                  
                  Guaranteed loan subsidy outlays:
               
               
                  234004
                  Section 504 Certified Development Companies Debentures
                  1
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  234999
                  Total subsidy outlays
                  1
                  3
                  3
               
               
                  
                  Guaranteed loan reestimates:
               
               
                  235002
                  7(a) General Business Loan Guarantees
                  â143
                  â355
                  
               
               
                  235003
                  7(a) General Business Loan GuaranteesâSTAR
                  â1
                  â1
                  
               
               
                  235004
                  Section 504 Certified Development Companies Debentures
                  â344
                  â306
                  
               
               
                  235006
                  SBIC Debentures
                  â109
                  â210
                  
               
               
                  235007
                  SBIC Participating Securities
                  â97
                  â57
                  
               
               
                  235008
                  SBIC New Market Venture Capital
                  â10
                  â2
                  
               
               
                  235010
                  Secondary Market Guarantee
                  â41
                  â81
                  
               
               
                  235015
                  Secondary Market 504 First Mortgage Guarantees-ARRA
                  â5
                  â3
                  
               
               
                  235016
                  ARC Loan GuaranteesâARRA
                  â1
                  
                  
               
               
                  235017
                  7(a) General Business Loan GuaranteesâARRA
                  3
                  2
                  
               
               
                  235018
                  Section 504 Certified Development CompaniesâARRA
                  â2
                  â7
                  
               
               
                  235026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  â7
                  â12
                  
               
               
                  235027
                  504 Commercial Real Estate (CRE) Refinance Program
                  â17
                  â17
                  
               
               
                  235028
                  7(a) Business Loan GuaranteesâARRA Extension
                  7
                  4
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  235999
                  Total guaranteed loan reestimates
                  â767
                  â1,045
                  
               
               
                  
                     
                  
               
            
         
      
      
         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 2021, the Budget proposes $164.3 million in new budget authority for the Business Loans Program account. This includes
            $160.3 million in administrative expenses funding and $4.0 million in credit subsidy for the direct Microloan Program to support
            a program level of $41 million. The 2021 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 2021 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 $13 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 to adjust the 7(a) program statutory fee cap in order to maintain zero subsidy. 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 2021.
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.3
                  Other goods and services from Federal sources
                  155
                  155
                  160
               
               
                  41.0
                  Grants, subsidies, and contributions
                  89
                  157
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  244
                  312
                  164
               
               
                  
                     
                  
               
            
         
      
         Business Loans Program Account 
         (Legislative proposal, not subject to PAYGO) Contingent upon the enactment of legislation authorizing an administrative fee for Small Business Administration loan guarantee
               programs, such fees shall be deposited as offsetting collections and credited to the appropriation for administrative expenses
               for fiscal year 2021 under this heading: Provided, That the total amount appropriated under this heading from the general
               fund for administrative expenses for fiscal year 2021 shall be reduced as such offsetting collections are received so as to
               result in a final total fiscal year 2021 appropriation from the general fund for administrative expenses estimated at not
               more than $80,150,000.
      
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â2â1â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  
                  
                  â80
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  
                  
                  80
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources:
                  
                  
                  â80
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  
                  
                  â80
               
               
                  4180
                  Budget authority, net (total)
                  
                  
                  â80
               
               
                  4190
                  Outlays, net (total)
                  
                  
                  â80
               
               
                  
                     
                  
               
            
         
      
      
         The Budget proposes a fiscally responsible legislative change to authorize SBA to establish an upfront administrative fee
            in the business loan programs. The administrative fee structure would offset a portion of the appropriated funding to operate
            the business loan programs. In 2021, this fee is anticipated to provide $80 million in offsetting collections. 
         
      
         Business Direct Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  42
                  50
                  41
               
               
                  0713
                  Payment of interest to Treasury
                  5
                  5
                  5
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  3
                  1
                  
               
               
                  0743
                  Interest on downward reestimates
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  51
                  56
                  46
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4
                  6
                  7
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  3
                  3
                  3
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â4
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  3
                  9
                  10
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  41
                  43
                  42
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  42
                  43
                  42
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â29
                  â32
                  â32
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  13
                  11
                  10
               
               
                  1900
                  Budget authority (total)
                  54
                  54
                  52
               
               
                  1930
                  Total budgetary resources available
                  57
                  63
                  62
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  6
                  7
                  16
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  38
                  42
                  52
               
               
                  3010
                  New obligations, unexpired accounts
                  51
                  56
                  46
               
               
                  3020
                  Outlays (gross)
                  â44
                  â43
                  â45
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â3
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  42
                  52
                  50
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â3
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â3
                  â3
                  â3
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  35
                  39
                  49
               
               
                  3200
                  Obligated balance, end of year
                  39
                  49
                  47
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  54
                  54
                  52
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  44
                  43
                  45
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Federal sources: Subsidy from program account
                  â3
                  â5
                  â4
               
               
                  4120
                  Upward reestimate
                  â1
                  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35
                  â32
                  â33
               
               
                  4123
                  Other income
                  
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â42
                  â43
                  â42
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  12
                  11
                  10
               
               
                  4170
                  Outlays, net (mandatory)
                  2
                  
                  3
               
               
                  4180
                  Budget authority, net (total)
                  12
                  11
                  10
               
               
                  4190
                  Outlays, net (total)
                  2
                  
                  3
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1111
                  Direct loan obligations from current-year authority
                  42
                  50
                  41
               
               
                  1121
                  Limitation available from carry-forward
                  18
                  
                  
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â18
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  42
                  50
                  41
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  191
                  192
                  202
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  36
                  43
                  44
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â35
                  â33
                  â34
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  192
                  202
                  212
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2018 actual
                  2019 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  38
                  45
               
               
                  
                  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
                  191
                  192
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â20
                  â20
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  171
                  172
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  210
                  218
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  209
                  217
               
               
                  2104
                  Resources payable to Treasury (Downward Reestimate)
                  1
                  1
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  210
                  218
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  210
                  218
               
               
                  
                     
                  
               
            
         
      
         Business Guaranteed Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Other Expenses
                  425
                  375
                  140
               
               
                  
                  Credit program obligations:
               
               
                  0711
                  Default claim payments on principal
                  1,506
                  1,680
                  1,680
               
               
                  0712
                  Default claim payments on interest
                  50
                  100
                  100
               
               
                  0713
                  Payment of interest to Treasury
                  62
                  80
                  80
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  688
                  936
                  
               
               
                  0743
                  Interest on downward reestimates
                  161
                  162
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  2,467
                  2,958
                  1,860
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  2,892
                  3,333
                  2,000
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  4,256
                  3,643
                  3,086
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â200
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  4,056
                  3,643
                  3,086
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  255
                  356
                  356
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  2,232
                  2,420
                  2,493
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  â6
                  
                  
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  2,224
                  2,420
                  2,493
               
               
                  1900
                  Budget authority (total)
                  2,479
                  2,776
                  2,849
               
               
                  1930
                  Total budgetary resources available
                  6,535
                  6,419
                  5,935
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  3,643
                  3,086
                  3,935
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  25
                  22
                  25
               
               
                  3010
                  New obligations, unexpired accounts
                  2,892
                  3,333
                  2,000
               
               
                  3020
                  Outlays (gross)
                  â2,895
                  â3,330
                  â1,889
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  22
                  25
                  136
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â7
                  â1
                  â1
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  6
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â1
                  â1
                  â1
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  18
                  21
                  24
               
               
                  3200
                  Obligated balance, end of year
                  21
                  24
                  135
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  2,479
                  2,776
                  2,849
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  2,895
                  3,330
                  1,889
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Subsidy from program account
                  â1
                  â3
                  â3
               
               
                  4120
                  Upward reestimate
                  â60
                  â38
                  
               
               
                  4120
                  Interest on reestimate
                  â23
                  â14
                  
               
               
                  4122
                  Interest on uninvested funds
                  â88
                  â90
                  â90
               
               
                  4123
                  Fees
                  â1,349
                  â1,625
                  â1,750
               
               
                  4123
                  Principal
                  â563
                  â560
                  â560
               
               
                  4123
                  Interest
                  â61
                  â60
                  â60
               
               
                  4123
                  Sale of Foreclosed Property
                  â14
                  
                  
               
               
                  4123
                  Other
                  â73
                  â30
                  â30
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â2,232
                  â2,420
                  â2,493
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  6
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  253
                  356
                  356
               
               
                  4170
                  Outlays, net (mandatory)
                  663
                  910
                  â604
               
               
                  4180
                  Budget authority, net (total)
                  253
                  356
                  356
               
               
                  4190
                  Outlays, net (total)
                  663
                  910
                  â604
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2111
                  Guaranteed loan commitments from current-year authority
                  61,000
                  61,000
                  55,500
               
               
                  2121
                  Limitation available from carry-forward
                  
                  
                  
               
               
                  2142
                  Uncommitted loan guarantee limitation
                  â24,431
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  36,569
                  61,000
                  55,500
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  30,867
                  53,182
                  47,479
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  128,765
                  129,717
                  138,492
               
               
                  2231
                  Disbursements of new guaranteed loans
                  26,917
                  34,640
                  39,788
               
               
                  2251
                  Repayments and prepayments
                  â23,894
                  â24,071
                  â25,699
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  â1,804
                  â1,547
                  â1,733
               
               
                  2263
                  Terminations for default that result in claim payments
                  â248
                  â247
                  â276
               
               
                  2264
                  Other adjustments, net
                  â19
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  129,717
                  138,492
                  150,572
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  105,827
                  112,986
                  122,841
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  3,228
                  3,373
                  3,567
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  1,467
                  1,463
                  1,639
               
               
                  2351
                  Repayments of loans receivable
                  â499
                  â424
                  â475
               
               
                  2361
                  Write-offs of loans receivable
                  â820
                  â845
                  â909
               
               
                  2364
                  Other adjustments, net
                  â3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  3,373
                  3,567
                  3,822
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2018 actual
                  2019 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  4,274
                  3,664
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  145
                  93
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  90
                  160
               
               
                  
                  Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
               
               
                  1501
                  Defaulted guaranteed loans receivable, gross
                  3,228
                  3,373
               
               
                  1502
                  Interest receivable
                  
                  
               
               
                  1504
                  Foreclosed property
                  14
                  16
               
               
                  1505
                  Allowance for subsidy cost (-)
                  â2,423
                  â2,423
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1599
                  Net present value of assets related to defaulted guaranteed loans
                  819
                  966
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  5,328
                  4,883
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  1,950
                  2,003
               
               
                  2105
                  Other
                  703
                  868
               
               
                  
                  Non-Federal liabilities:
               
               
                  2201
                  Accounts payable
                  12
                  12
               
               
                  2204
                  Liabilities for loan guarantees
                  2,663
                  2,000
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  5,328
                  4,883
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  5,328
                  4,883
               
               
                  
                     
                  
               
            
         
      
         Business Loan Fund Liquidating AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Guaranteed loan default claims
                  1
                  1
                  1
               
               
                  0007
                  Other Expenses
                  
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0600
                  Direct program activities, subtotal
                  1
                  2
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 33.0)
                  1
                  2
                  1
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  1
                  2
                  1
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  2
                  3
                  3
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  â2
                  â3
                  â3
               
               
                  1900
                  Budget authority (total)
                  1
                  2
                  1
               
               
                  1930
                  Total budgetary resources available
                  1
                  2
                  1
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  1
                  1
                  1
               
               
                  3010
                  New obligations, unexpired accounts
                  1
                  2
                  1
               
               
                  3020
                  Outlays (gross)
                  â1
                  â2
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1
                  1
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1
                  1
                  1
               
               
                  3200
                  Obligated balance, end of year
                  1
                  1
                  2
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  1
                  2
                  1
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  2
                  
               
               
                  4101
                  Outlays from mandatory balances
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  1
                  2
                  
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â2
                  â3
                  â3
               
               
                  4180
                  Budget authority, net (total)
                  â1
                  â1
                  â2
               
               
                  4190
                  Outlays, net (total)
                  â1
                  â1
                  â3
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  4
                  11
                  9
               
               
                  1251
                  Repayments: Repayments and prepayments
                  
                  â1
                  â1
               
               
                  1263
                  Write-offs for default: Direct loans
                  
                  â1
                  â1
               
               
                  1264
                  Other adjustments, net (+ or -)
                  7
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  11
                  9
                  7
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2019 actual
                  2020 est.
                  2021 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
                  1
                  
                  
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  
                  
                  
               
               
                  2351
                  Repayments of loans receivable
                  
                  
                  
               
               
                  2361
                  Write-offs of loans receivable
                  â1
                  
                  
               
               
                  2364
                  Other adjustments, net
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  
                  
                  
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2018 actual
                  2019 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  1
                  1
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  
                  
               
               
                  1601
                  Direct loans, gross
                  4
                  11
               
               
                  1602
                  Interest receivable
                  
                  
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â6
                  â10
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1604
                  Direct loans and interest receivable, net
                  â2
                  1
               
               
                  1606
                  Foreclosed property
                  4
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  2
                  5
               
               
                  1701
                  Defaulted guaranteed loans, gross
                  1
                  
               
               
                  1703
                  Allowance for estimated uncollectible loans and interest (-)
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1799
                  Value of assets related to loan guarantees
                  1
                  
               
               
                  1801
                  Other Federal assets: Cash and other monetary assets
                  2
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  6
                  9
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2102
                  Interest payable
                  1
                  1
               
               
                  2104
                  Resources payable to Treasury
                  4
                  8
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  6
                  9
               
               
                  
                  NET POSITION:
               
               
                  3100
                  Unexpended appropriations
                  
                  
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  3999
                  Total net position
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  6
                  9
               
               
                  
                     
                  
               
            
         
      
         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,  $168,075,000, 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  $158,075,000 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.
      (Financial Services and General Government Appropriations Act, 2020.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  173
                  150
                  98
               
               
                  0705
                  Reestimates of direct loan subsidy
                  122
                  60
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  7
                  6
                  
               
               
                  0709
                  Administrative expenses
                  10
                  177
                  168
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  312
                  393
                  266
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  1,226
                  1,110
                  1,000
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  1,226
                  1,110
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  57
                  40
                  40
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  1,283
                  1,150
                  1,040
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  10
                  26
                  25
               
               
                  1100
                  Appropriation, disaster relief pursuant Stafford Act
                  
                  151
                  143
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  10
                  177
                  168
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  129
                  66
                  
               
               
                  1900
                  Budget authority (total)
                  139
                  243
                  168
               
               
                  1930
                  Total budgetary resources available
                  1,422
                  1,393
                  1,208
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  1,110
                  1,000
                  942
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  151
                  79
                  93
               
               
                  3010
                  New obligations, unexpired accounts
                  312
                  393
                  266
               
               
                  3020
                  Outlays (gross)
                  â327
                  â339
                  â280
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â57
                  â40
                  â40
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  79
                  93
                  39
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  151
                  79
                  93
               
               
                  3200
                  Obligated balance, end of year
                  79
                  93
                  39
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  10
                  177
                  168
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  10
                  177
                  168
               
               
                  4011
                  Outlays from discretionary balances
                  188
                  96
                  112
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  198
                  273
                  280
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  129
                  66
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  129
                  66
                  
               
               
                  4180
                  Budget authority, net (total)
                  139
                  243
                  168
               
               
                  4190
                  Outlays, net (total)
                  327
                  339
                  280
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  Disaster Assistance Loans
                  1,406
                  1,100
                  1,100
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  1,406
                  1,100
                  1,100
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  Disaster Assistance Loans
                  12.29
                  13.62
                  8.92
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  12.29
                  13.62
                  8.92
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  Disaster Assistance Loans
                  173
                  150
                  98
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  173
                  150
                  98
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  Disaster Assistance Loans
                  188
                  96
                  112
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  188
                  96
                  112
               
               
                  
                  Direct loan reestimates:
               
               
                  135001
                  Disaster Assistance Loans
                  38
                  â90
                  
               
               
                  135002
                  Economic Injury Disaster LoansâTerrorist Attack
                  â2
                  â3
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  36
                  â93
                  
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  10
                  177
                  168
               
               
                  3590
                  Outlays from new authority
                  10
                  177
                  168
               
               
                  
                     
                  
               
            
         
      
      
         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 2021, the Budget supports $1.1 billion in loans, the ten-year normalized average for such loans. The Budget requests $142.9
            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 $25.2 million for administrative
            expenses related to non-major disasters. 
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.3
                  Other goods and services from Federal sources
                  10
                  177
                  168
               
               
                  41.0
                  Grants, subsidies, and contributions
                  302
                  216
                  98
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  312
                  393
                  266
               
               
                  
                     
                  
               
            
         
      
         Disaster Direct Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0003
                  Other
                  19
                  25
                  25
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  1,406
                  1,100
                  1,100
               
               
                  0713
                  Payment of interest to Treasury
                  333
                  400
                  400
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  60
                  104
                  
               
               
                  0743
                  Interest on downward reestimates
                  33
                  55
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0791
                  Direct program activities, subtotal
                  1,832
                  1,659
                  1,500
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  1,851
                  1,684
                  1,525
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  454
                  777
                  968
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  454
                  450
                  374
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â453
                  
                  
               
               
                  1024
                  Unobligated balance of borrowing authority withdrawn
                  â223
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  232
                  1,227
                  1,342
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  1,935
                  950
                  950
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  1,480
                  1,440
                  1,440
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  â72
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  â965
                  â965
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â947
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  461
                  475
                  475
               
               
                  1900
                  Budget authority (total)
                  2,396
                  1,425
                  1,425
               
               
                  1930
                  Total budgetary resources available
                  2,628
                  2,652
                  2,767
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  777
                  968
                  1,242
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  1,211
                  641
                  362
               
               
                  3010
                  New obligations, unexpired accounts
                  1,851
                  1,684
                  1,525
               
               
                  3020
                  Outlays (gross)
                  â1,967
                  â1,513
                  â1,513
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â454
                  â450
                  â374
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  641
                  362
                  
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â151
                  â79
                  â79
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  72
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â79
                  â79
                  â79
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1,060
                  562
                  283
               
               
                  3200
                  Obligated balance, end of year
                  562
                  283
                  â79
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  2,396
                  1,425
                  1,425
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  1,967
                  1,513
                  1,513
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â188
                  â96
                  â112
               
               
                  4120
                  Upward reestimate
                  â122
                  â60
                  
               
               
                  4120
                  Interest on upward reestimate
                  â7
                  â6
                  
               
               
                  4122
                  Interest income from Treasury
                  â82
                  â100
                  â100
               
               
                  4123
                  Repayments of principal, net
                  â1,081
                  â1,178
                  â1,228
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â1,480
                  â1,440
                  â1,440
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  72
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  988
                  â15
                  â15
               
               
                  4170
                  Outlays, net (mandatory)
                  487
                  73
                  73
               
               
                  4180
                  Budget authority, net (total)
                  988
                  â15
                  â15
               
               
                  4190
                  Outlays, net (total)
                  487
                  73
                  73
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1121
                  Limitation available from carry-forward
                  9,972
                  8,150
                  11,211
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â8,566
                  â7,050
                  â10,111
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  1,406
                  1,100
                  1,100
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  9,059
                  9,610
                  9,390
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  1,524
                  702
                  1,077
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â773
                  â723
                  â727
               
               
                  1263
                  Write-offs for default: Direct loans
                  â188
                  â199
                  â195
               
               
                  1264
                  Other adjustments, net (+ or -)
                  â12
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  9,610
                  9,390
                  9,545
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2018 actual
                  2019 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  1,290
                  1,338
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  129
                  66
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  9,059
                  9,610
               
               
                  1402
                  Interest receivable
                  
                  
               
               
                  1404
                  Foreclosed property
                  2
                  4
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â1,325
                  â1,265
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  7,736
                  8,349
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  9,155
                  9,753
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  9,054
                  9,590
               
               
                  2105
                  Other
                  93
                  160
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  8
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  9,155
                  9,753
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  9,155
                  9,753
               
               
                  
                     
                  
               
            
         
      
         Disaster Loan Fund Liquidating AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2019 actual
                  2020 est.
                  2021 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
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2018 actual
                  2019 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  
                  
               
               
                  1601
                  Direct loans, net
                  1
                  1
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  1
                  1
               
               
                  
                  LIABILITIES:
               
               
                  2104
                  Federal liabilities: Resources payable to Treasury
                  1
                  1
               
               
                  
                  NET POSITION:
               
               
                  3100
                  Unexpended appropriations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  1
                  1
               
               
                  
                     
                  
               
            
         
      
         GENERAL FUND RECEIPT ACCOUNTS(in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2019 actual
                  2020 est.
                  2021 est.
               
               
                  
                     
                  
               
               
                  Offsetting receipts from the public:
               
               
                  073â272130
                  Disaster Loan Program, Downward Reestimates of Subsidies
                  93
                  159
                  
               
               
                  073â272230
                  Business Loan Program, Downward Reestimates of Subsidies
                  852
                  1,100
                  
               
               
                  073â322000
                  All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  General Fund Offsetting receipts from the public
                  946
                  1,259
                  
               
               
                  
                     
                  
               
            
         
      
      
          
      
         ADMINISTRATIVE PROVISIONSâSMALL BUSINESS ADMINISTRATION'
      			
      (including transfers of funds)SEC. 540.  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. 541. 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 Administration's information technology
      system modernization and working capital fund (IT WCF), as 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  notification 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,  2024.SEC. 542.   ADMINISTRATIVE FEE AUTHORITY FOR THE 7(a), 504, 504 DEBT REFINANCING, AND SMALL BUSINESS INVESTMENT COMPANY PROGRAMS. Section
         5(b) of the Small Business Act (15 U.S.C. 634(b)) is amendedâ (1)  in paragraph (13) by striking "and" at the end; 
      (2)  in paragraph (14) by striking the period at the end and inserting "; and"; and 
      (3)  by adding the following new paragraph (b)(15): 
      
         "(15) collect, retain, and utilize, subject to notification in appropriations Acts, an administrative fee collected from participants
               in the programs authorized by section 7(a) of this Act, section 503 of the Small Business Investment Act of 1958 (15 U.S.C.
               697), subparagraph (C) of section 502(7) of the Small Business Investment Act of 1958 (15 U.S.C. 696(7)(C)), and part A of
               Title III of the Small Business Investment Act of 1958 (15 U.S.C. 681â687m), respectively. The fees shall be available for
               the administrative costs of each respective program, and may be deposited with amounts appropriated for administrative expenses
               in the Business Loans Program Account of the Administration. The amounts of the fees will be determined annually in the discretion
               of the Administrator not to exceed the amount of offsetting collections for loan program administrative expenses in the annual
               appropriations act."
      SEC. 543.   REPEAL OF CERTAIN DISASTER AND BUSINESS LOAN PROGRAM AUTHORITIES.â (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 7(a)(31)(H) of the Small Business Act (15 U.S.C. 636(a)(31)(H)) is repealed. SEC. 544.   PERMANENT INCREASE TO THE UNSECURED THRESHOLD ON PHYSICAL DISASTER LOANS. Section 2102(b) of the RISE After Disaster Act
         of 2015 (Public Law 114â88) is repealed. SEC. 545.   EXPRESS LOAN PROGRAM INCREASE IN LOAN LIMIT. 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. 546.   7(A) GUARANTEE FEE INCREASE TO MAINTAIN ZERO SUBSIDY. Section 7(a)(18)(A)(iii) of the Small Business Act (15 U.S.C. 636(a)(18)(A)(iii))
         is amended by striking "3.5 percent" and inserting "3.64 percent". SEC. 547.   DEVELOPMENT COMPANY LOANS 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. 548.   MICROLOAN PROGRAM FUNDING LEVEL CHANGE. Section 7(m)(7)(B)(i)(I)(bb) of the Small Business Act (15 U.S.C. 636(m)(7)(B)(i)(I)(bb))
         is amended by striking "1/55" and inserting "1/25". SEC. 549.  CHANGES TO 7(a) SECONDARY MARKET FEE PROVISIONS.âSection 5(g)(2) of the Small Business Act is amendedâ (1)  by redesignating the current paragraph as subparagraph (A); and 
      (2)  by adding a new subparagraph (B) to read as follows: 
      
         "(B) With respect to the Administration's guarantee of the payment of the principal of 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 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 part
               of such trust or pool. 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.".
      SEC. 550.   SECONDARY MARKET PROGRAM AMENDMENT. (a)  Section 5(g)(2)(A) (as redesignated above) of the Small Business Act (15 U.S.C. 634(g)(2)(A)) is amendedâ (1)  by amending the first sentence to read as follows: 
         
            "(A) The Administration is authorized, upon such terms and conditions as are deemed appropriate, to guaranteeâ
            
               "(i) the payment of the principal of (or, in the discretion of the Administration, the timely payment of such principal);
                     and
            
            
               "(ii) the timely payment of the interest on "trust certificates issued by the Administration or its agent for purposes of
                     this subsection."; and
            
         
         (2)   by striking the phrase "timely" in the third sentence. 
      
      (b)  Subsection (a) of this section shall become effective upon the effective date of final regulations implementing this section.
            Trust certificates issued prior to such effective date are not affected by this amendment. SEC. 551.  SMALL BUSINESS DEVELOPMENT CENTER AND WOMENS 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.".
         
      
      (Financial Services and General Government Appropriations Act, 2020.)