[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
         Emergency EIDL GrantsProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0500â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  EIDL Grants
                  19,957
                  34,980
                  
               
               
                  0002
                  OIG - EIDL Advance
                  
                  
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  19,957
                  34,980
                  3
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  
                  43
                  63
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  20,000
                  35,000
                  
               
               
                  1930
                  Total budgetary resources available
                  20,000
                  35,043
                  63
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  43
                  63
                  60
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  
                  246
                  12
               
               
                  3010
                  New obligations, unexpired accounts
                  19,957
                  34,980
                  3
               
               
                  3020
                  Outlays (gross)
                  â19,711
                  â35,214
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  246
                  12
                  15
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  
                  246
                  12
               
               
                  3200
                  Obligated balance, end of year
                  246
                  12
                  15
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  20,000
                  35,000
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  19,711
                  34,980
                  
               
               
                  4101
                  Outlays from mandatory balances
                  
                  234
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  19,711
                  35,214
                  
               
               
                  4180
                  Budget authority, net (total)
                  20,000
                  35,000
                  
               
               
                  4190
                  Outlays, net (total)
                  19,711
                  35,214
                  
               
               
                  
                     
                  
               
            
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0500â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  
                  
                  1
               
               
                  11.3
                  Other than full-time permanent
                  
                  
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  
                  
                  2
               
               
                  12.1
                  Civilian personnel benefits
                  
                  
                  1
               
               
                  41.0
                  Grants, subsidies, and contributions
                  19,957
                  34,980
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  19,957
                  34,980
                  3
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0500â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  
                  5
                  13
               
               
                  
                     
                  
               
            
         
      
         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,  $293,625,000, 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  2022: Provided further, That $6,100,000 shall be available for the Loan Modernization and Accounting System, to be available until September 30,
             2023.
      (Financial Services and General Government Appropriations Act, 2021.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Executive direction
                  66
                  80
                  68
               
               
                  0002
                  Capital Access
                  268
                  580
                  144
               
               
                  0003
                  Gov. Contracting/Bus. Development
                  30
                  30
                  35
               
               
                  0004
                  Entrepreneurial Development
                  11
                  33
                  13
               
               
                  0005
                  Chief Operating Office
                  33
                  35
                  33
               
               
                  0006
                  Office of Chief Information Officer
                  29
                  48
                  30
               
               
                  0007
                  Regional & district offices
                  6
                  10
                  6
               
               
                  0008
                  Agency wide costs
                  352
                  379
                  77
               
               
                  0009
                  Non credit programs
                  3
                  
                  
               
               
                  0012
                  Disaster
                  584
                  1,383
                  226
               
               
                  0013
                  Investment & Innovation
                  4
                  5
                  7
               
               
                  0014
                  International Trade
                  7
                  7
                  7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0799
                  Total direct obligations
                  1,393
                  2,590
                  646
               
               
                  0801
                  Executive Direction
                  12
                  9
                  8
               
               
                  0802
                  Capital Access
                  72
                  53
                  58
               
               
                  0807
                  Regional & district offices
                  95
                  95
                  96
               
               
                  0812
                  Disaster
                  713
                  159
                  170
               
               
                  0813
                  Investment & Innovation
                  16
                  17
                  17
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0899
                  Total reimbursable obligations
                  908
                  333
                  349
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  2,301
                  2,923
                  995
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  129
                  1,815
                  385
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  14
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  143
                  1,815
                  385
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  3,045
                  270
                  294
               
               
                  1120
                  Appropriations transferred to other acct [073â1161]
                  â8
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  3,037
                  270
                  294
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  
                  890
                  
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected - Disaster Transfer
                  744
                  166
                  178
               
               
                  1700
                  Collected
                  195
                  167
                  171
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1750
                  Spending auth from offsetting collections, disc (total)
                  939
                  333
                  349
               
               
                  1900
                  Budget authority (total)
                  3,976
                  1,493
                  643
               
               
                  1930
                  Total budgetary resources available
                  4,119
                  3,308
                  1,028
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â3
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  1,815
                  385
                  33
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  199
                  700
                  577
               
               
                  3010
                  New obligations, unexpired accounts
                  2,301
                  2,923
                  995
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  9
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â1,779
                  â3,046
                  â988
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â14
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â16
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  700
                  577
                  584
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  199
                  700
                  577
               
               
                  3200
                  Obligated balance, end of year
                  700
                  577
                  584
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  3,976
                  603
                  643
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  1,071
                  412
                  438
               
               
                  4011
                  Outlays from discretionary balances
                  708
                  2,100
                  194
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  1,779
                  2,512
                  632
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â916
                  â314
                  â330
               
               
                  4033
                  Non-Federal sources
                  â23
                  â19
                  â19
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4040
                  Offsets against gross budget authority  and outlays (total)
                  â939
                  â333
                  â349
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4070
                  Budget authority, net (discretionary)
                  3,037
                  270
                  294
               
               
                  4080
                  Outlays, net (discretionary)
                  840
                  2,179
                  283
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  
                  890
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  534
                  
               
               
                  4101
                  Outlays from mandatory balances
                  
                  
                  356
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  
                  534
                  356
               
               
                  4180
                  Budget authority, net (total)
                  3,037
                  1,160
                  294
               
               
                  4190
                  Outlays, net (total)
                  840
                  2,713
                  639
               
               
                  
                     
                  
               
            
         
      
      
         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 2022 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 $835 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.  
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  
                  Personnel compensation:
               
               
                  11.1
                  Full-time permanent
                  86
                  93
                  45
               
               
                  11.3
                  Other than full-time permanent
                  92
                  274
                  109
               
               
                  11.5
                  Other personnel compensation
                  84
                  259
                  104
               
               
                  11.8
                  Special personal services payments
                  5
                  1
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  11.9
                  Total personnel compensation
                  267
                  627
                  258
               
               
                  12.1
                  Civilian personnel benefits
                  51
                  326
                  135
               
               
                  21.0
                  Travel and transportation of persons
                  3
                  2
                  1
               
               
                  23.1
                  Rental payments to GSA
                  36
                  35
                  35
               
               
                  23.3
                  Communications, utilities, and miscellaneous charges
                  17
                  8
                  8
               
               
                  25.1
                  Advisory and assistance services
                  32
                  1
                  1
               
               
                  25.2
                  Other services from non-Federal sources
                  896
                  1,469
                  115
               
               
                  25.3
                  Other purchases of goods and services from Government accounts (Disaster Administrative Expenses)
                  22
                  76
                  50
               
               
                  25.5
                  Research and development contracts
                  2
                  2
                  2
               
               
                  25.7
                  Operation and maintenance of equipment
                  50
                  37
                  37
               
               
                  26.0
                  Supplies and materials
                  4
                  2
                  2
               
               
                  31.0
                  Equipment
                  10
                  2
                  2
               
               
                  41.0
                  Grants, subsidies, and contributions
                  3
                  3
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  1,393
                  2,590
                  646
               
               
                  99.0
                  Reimbursable obligations
                  908
                  333
                  349
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  2,301
                  2,923
                  995
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0100â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  4,601
                  7,642
                  7,642
               
               
                  2001
                  Reimbursable civilian full-time equivalent employment
                  
                  2,095
                  2,095
               
               
                  
                     
                  
               
            
         
      
         OFFICE OF INSPECTOR GENERALFor necessary expenses of the Office of Inspector General in carrying out the provisions of the Inspector General Act of 1978,
             $24,905,000.
      (Financial Services and General Government Appropriations Act, 2021.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Audit
                  9
                  11
                  14
               
               
                  0002
                  Investigations
                  12
                  15
                  20
               
               
                  0003
                  Management and Operations
                  2
                  2
                  3
               
               
                  0004
                  Immediate office and Counsel
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  24
                  29
                  38
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  8
                  33
                  55
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  47
                  47
                  25
               
               
                  1121
                  Appropriations transferred from other acct [073â1152]
                  
                  2
                  2
               
               
                  1131
                  Unobligated balance of appropriations permanently reduced
                  
                  â25
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  47
                  24
                  27
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  
                  25
                  
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  2
                  2
                  2
               
               
                  1900
                  Budget authority (total)
                  49
                  51
                  29
               
               
                  1930
                  Total budgetary resources available
                  57
                  84
                  84
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  33
                  55
                  46
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  3
                  2
                  
               
               
                  3010
                  New obligations, unexpired accounts
                  24
                  29
                  38
               
               
                  3020
                  Outlays (gross)
                  â25
                  â31
                  â38
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  2
                  
                  
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  3
                  2
                  
               
               
                  3200
                  Obligated balance, end of year
                  2
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  49
                  26
                  29
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  21
                  26
                  29
               
               
                  4011
                  Outlays from discretionary balances
                  4
                  4
                  4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  25
                  30
                  33
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4030
                  Federal sources
                  â2
                  â2
                  â2
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  
                  25
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  1
                  
               
               
                  4101
                  Outlays from mandatory balances
                  
                  
                  5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  
                  1
                  5
               
               
                  4180
                  Budget authority, net (total)
                  47
                  49
                  27
               
               
                  4190
                  Outlays, net (total)
                  23
                  29
                  36
               
               
                  
                     
                  
               
            
         
      
      
         The 2022 Budget proposes $24.9 million in new budget authority and $1.6 million transferred from the Disaster Loans Program
            account for a total of $26.5 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
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  14
                  15
                  20
               
               
                  12.1
                  Civilian personnel benefits
                  5
                  8
                  11
               
               
                  25.2
                  Other services
                  3
                  4
                  5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.0
                  Direct obligations
                  22
                  27
                  36
               
               
                  99.0
                  Reimbursable obligations
                  2
                  2
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  24
                  29
                  38
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0200â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  111
                  131
                  143
               
               
                  
                     
                  
               
            
         
      
         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.),  $9,620,000, to remain available until expended.
      (Financial Services and General Government Appropriations Act, 2021.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Office of Advocacy (Direct)
                  9
                  9
                  9
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  1
                  1
                  1
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  9
                  9
                  10
               
               
                  1930
                  Total budgetary resources available
                  10
                  10
                  11
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  1
                  1
                  2
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  1
                  1
                  2
               
               
                  3010
                  New obligations, unexpired accounts
                  9
                  9
                  9
               
               
                  3020
                  Outlays (gross)
                  â9
                  â8
                  â9
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1
                  2
                  2
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1
                  1
                  2
               
               
                  3200
                  Obligated balance, end of year
                  1
                  2
                  2
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  9
                  9
                  10
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  
                  8
                  9
               
               
                  4011
                  Outlays from discretionary balances
                  9
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  9
                  8
                  9
               
               
                  4180
                  Budget authority, net (total)
                  9
                  9
                  10
               
               
                  4190
                  Outlays, net (total)
                  9
                  8
                  9
               
               
                  
                     
                  
               
            
         
      
      
         The 2022 Budget proposes $9.6 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
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  6
                  6
                  6
               
               
                  12.1
                  Civilian personnel benefits
                  2
                  2
                  2
               
               
                  25.2
                  Other services from non-Federal sources
                  1
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  9
                  9
                  9
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0300â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  46
                  55
                  55
               
               
                  
                     
                  
               
            
         
      
         Entrepreneurial Development ProgramsFor necessary expenses of programs supporting entrepreneurial and small business development,  $318,000,000, to remain available until September 30,  2023: Provided, That $136,000,000 shall be available to fund grants for performance in fiscal year  2022 or fiscal year  2023 as authorized by section 21 of the Small Business Act: Provided further, That  $41,000,000 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 $19,500,000 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, 2021.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Non-Credit Programs
                  513
                  411
                  395
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  26
                  39
                  125
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  27
                  39
                  125
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  261
                  272
                  318
               
               
                  1100
                  Appropriation EAA Microloan TA
                  
                  50
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  261
                  322
                  318
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  265
                  175
                  
               
               
                  1900
                  Budget authority (total)
                  526
                  497
                  318
               
               
                  1930
                  Total budgetary resources available
                  553
                  536
                  443
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1940
                  Unobligated balance expiring
                  â1
                  
                  
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  39
                  125
                  48
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  237
                  476
                  471
               
               
                  3010
                  New obligations, unexpired accounts
                  513
                  411
                  395
               
               
                  3011
                  Obligations ("upward adjustments"), expired accounts
                  1
                  
                  
               
               
                  3020
                  Outlays (gross)
                  â272
                  â416
                  â469
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â1
                  
                  
               
               
                  3041
                  Recoveries of prior year unpaid obligations, expired
                  â2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  476
                  471
                  397
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  237
                  476
                  471
               
               
                  3200
                  Obligated balance, end of year
                  476
                  471
                  397
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  261
                  322
                  318
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  35
                  113
                  111
               
               
                  4011
                  Outlays from discretionary balances
                  177
                  100
                  213
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  212
                  213
                  324
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  265
                  175
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  60
                  61
                  
               
               
                  4101
                  Outlays from mandatory balances
                  
                  142
                  145
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  60
                  203
                  145
               
               
                  4180
                  Budget authority, net (total)
                  526
                  497
                  318
               
               
                  4190
                  Outlays, net (total)
                  272
                  416
                  469
               
               
                  
                     
                  
               
            
         
      
      
         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
            efforts, such as the HUBZone Program, Federal and State Technology (FAST) Partnership Program, and other outreach and contracting
            activities supporting underserved communities and fostering innovation. 
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  11.1
                  Personnel compensation: Full-time permanent
                  2
                  2
                  2
               
               
                  12.1
                  Civilian personnel benefits
                  1
                  1
                  1
               
               
                  25.1
                  Advisory and assistance services
                  1
                  
                  
               
               
                  25.2
                  Other services from non-Federal sources
                  12
                  6
                  6
               
               
                  41.0
                  Grants, subsidies, and contributions
                  497
                  402
                  386
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  513
                  411
                  395
               
               
                  
                     
                  
               
            
         
      
      Employment Summary
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0400â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  1001
                  Direct civilian full-time equivalent employment
                  19
                  25
                  25
               
               
                  
                     
                  
               
            
         
      
         Shuttered Venue OperatorsProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0700â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Shuttered Venue Grants
                  
                  16,250
                  
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  
                  16,250
                  
               
               
                  1930
                  Total budgetary resources available
                  
                  16,250
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3010
                  New obligations, unexpired accounts
                  
                  16,250
                  
               
               
                  3020
                  Outlays (gross)
                  
                  â16,250
                  
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  
                  16,250
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  16,250
                  
               
               
                  4180
                  Budget authority, net (total)
                  
                  16,250
                  
               
               
                  4190
                  Outlays, net (total)
                  
                  16,250
                  
               
               
                  
                     
                  
               
            
         
      
      
         The Shuttered Venue Operators Grant (SVOG) Program was established by the Economic Aid to Hard-Hit Small Businesses, Nonprofits,
            and Venues Act. The SVOG Program provides funds to support the ongoing operations of eligible live venue operators or promoters,
            theatrical producers, live performing arts organization operators, relevant museum operators, motion picture theater operators,
            and talent representatives who have experienced significant revenue losses due to the effects of the COVID-19 pandemic. 
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0700â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.1
                  Advisory and assistance services
                  
                  1
                  
               
               
                  41.0
                  Grants, subsidies, and contributions
                  
                  16,249
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  
                  16,250
                  
               
               
                  
                     
                  
               
            
         
      
         Restaurant Revitalization FundProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â0800â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  Restaurant Revitalization Grants
                  
                  28,600
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 41.0)
                  
                  28,600
                  
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  
                  28,600
                  
               
               
                  1930
                  Total budgetary resources available
                  
                  28,600
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3010
                  New obligations, unexpired accounts
                  
                  28,600
                  
               
               
                  3020
                  Outlays (gross)
                  
                  â28,600
                  
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  
                  28,600
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  
                  28,600
                  
               
               
                  4180
                  Budget authority, net (total)
                  
                  28,600
                  
               
               
                  4190
                  Outlays, net (total)
                  
                  28,600
                  
               
               
                  
                     
                  
               
            
         
      
      
         The Restaurant Revitalization Fund (RRF) was established by the American Rescue Plan. The RRF Program provides funds to support
            certain payroll and non-payroll expenses for eligible entities in the food and beverage service industry who experienced significant
            revenue losses due to the effects of the COVID-19 pandemic.  
         
      
         Information Technology System Modernization and Working Capital FundProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1161â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0001
                  IT Working Capital Fund
                  4
                  7
                  2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 25.2)
                  4
                  7
                  2
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  6
                  10
                  3
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1121
                  Appropriations transferred from other acct [073â0100]
                  8
                  
                  
               
               
                  1930
                  Total budgetary resources available
                  14
                  10
                  3
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  10
                  3
                  1
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  
                  2
                  5
               
               
                  3010
                  New obligations, unexpired accounts
                  4
                  7
                  2
               
               
                  3020
                  Outlays (gross)
                  â2
                  â4
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  2
                  5
                  7
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  
                  2
                  5
               
               
                  3200
                  Obligated balance, end of year
                  2
                  5
                  7
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  8
                  
                  
               
               
                  
                  Outlays, gross:
               
               
                  4011
                  Outlays from discretionary balances
                  2
                  4
                  
               
               
                  4180
                  Budget authority, net (total)
                  8
                  
                  
               
               
                  4190
                  Outlays, net (total)
                  2
                  4
                  
               
               
                  
                     
                  
               
            
         
      
      
         The Information Technology Working Capital Fund finances long-term IT modernization projects, including centralized management
            of systems, equipment, services, and maintenance. 
         
      
         Surety Bond Guarantees Revolving FundProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4156â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0801
                  Reimbursable obligations
                  18
                  18
                  18
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 42.0)
                  18
                  18
                  18
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  100
                  103
                  103
               
               
                  1033
                  Recoveries of prior year paid obligations
                  3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  103
                  103
                  103
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, discretionary:
               
               
                  1700
                  Collected
                  18
                  18
                  18
               
               
                  1930
                  Total budgetary resources available
                  121
                  121
                  121
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  103
                  103
                  103
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3010
                  New obligations, unexpired accounts
                  18
                  18
                  18
               
               
                  3020
                  Outlays (gross)
                  â18
                  â18
                  â18
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  18
                  18
                  18
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  
                  18
                  18
               
               
                  4011
                  Outlays from discretionary balances
                  18
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  18
                  18
                  18
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4033
                  Non-Federal sources
                  â21
                  â18
                  â18
               
               
                  
                  Additional offsets against gross budget authority only:
               
               
                  4053
                  Recoveries of prior year paid obligations, unexpired accounts
                  3
                  
                  
               
               
                  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 2022. Therefore,
            no new appropriated funds are requested in the Budget.
         
      
         BUSINESS LOANS PROGRAM ACCOUNT
         (INCLUDING TRANSFER OF FUNDS)For the cost of direct loans,  $6,000,000, 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  2022 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  2022 commitments for general business loans authorized under paragraphs (1) through (35) of 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 $7,500,000,000: Provided further, That during fiscal year  2022 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  2022, 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,  $165,300,000, which may be transferred to and merged with the appropriations for Salaries and Expenses. 
      (Financial Services and General Government Appropriations Act, 2021.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  5
                  10
                  7
               
               
                  0702
                  Loan guarantee subsidy
                  532,393
                  290,657
                  
               
               
                  0703
                  Subsidy for modifications of direct loans
                  26
                  28
                  
               
               
                  0704
                  Subsidy for modifications of loan guarantees
                  7,799
                  7,034
                  
               
               
                  0705
                  Reestimates of direct loan subsidy
                  1
                  16
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  
                  2
                  
               
               
                  0707
                  Reestimates of loan guarantee subsidy
                  38
                  1,998
                  
               
               
                  0708
                  Interest on reestimates of loan guarantee subsidy
                  14
                  40
                  
               
               
                  0709
                  Administrative expenses
                  156
                  161
                  165
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  540,432
                  299,946
                  172
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  34
                  147,235
                  135
               
               
                  1001
                  Discretionary unobligated balance brought fwd, Oct 1
                  34
                  49
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  1
                  3
                  3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  35
                  147,238
                  138
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  259
                  180
                  171
               
               
                  1100
                  Appropriation EAA
                  
                  1,925
                  
               
               
                  1130
                  Appropriations permanently reduced
                  â16
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  243
                  2,105
                  171
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  687,389
                  297,238
                  
               
               
                  1230
                  Appropriations and/or unobligated balance of appropriations permanently reduced
                  
                  â146,500
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  687,389
                  150,738
                  
               
               
                  1900
                  Budget authority (total)
                  687,632
                  152,843
                  171
               
               
                  1930
                  Total budgetary resources available
                  687,667
                  300,081
                  309
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  147,235
                  135
                  137
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  3
                  6,478
                  7,735
               
               
                  3010
                  New obligations, unexpired accounts
                  540,432
                  299,946
                  172
               
               
                  3020
                  Outlays (gross)
                  â533,956
                  â298,686
                  â191
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â1
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  6,478
                  7,735
                  7,713
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  3
                  6,478
                  7,735
               
               
                  3200
                  Obligated balance, end of year
                  6,478
                  7,735
                  7,713
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  243
                  2,105
                  171
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  200
                  2,063
                  168
               
               
                  4011
                  Outlays from discretionary balances
                  3
                  3
                  23
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  203
                  2,066
                  191
               
               
                  
                  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)
                  243
                  2,105
                  171
               
               
                  4080
                  Outlays, net (discretionary)
                  202
                  2,066
                  191
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  687,389
                  150,738
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  533,753
                  150,738
                  
               
               
                  4101
                  Outlays from mandatory balances
                  
                  145,882
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  533,753
                  296,620
                  
               
               
                  4180
                  Budget authority, net (total)
                  687,632
                  152,843
                  171
               
               
                  4190
                  Outlays, net (total)
                  533,955
                  298,686
                  191
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  7(m) Direct Microloans
                  56
                  110
                  110
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  56
                  110
                  110
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  7(m) Direct Microloans
                  9.29
                  8.99
                  6.28
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  9.29
                  8.99
                  6.28
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  7(m) Direct Microloans
                  5
                  10
                  7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  5
                  10
                  7
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  7(m) Direct Microloans
                  5
                  10
                  7
               
               
                  134012
                  CARES Act S. 1112 Direct Loans
                  26
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  31
                  10
                  7
               
               
                  
                  Direct loan reestimates:
               
               
                  135001
                  7(m) Direct Microloans
                  
                  18
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  
                  18
                  
               
               
                  
                     
                  
               
               
                  
                  Guaranteed loan levels supportable by subsidy budget authority:
               
               
                  215002
                  7(a) General Business Loan Guarantees
                  20,570
                  45,000
                  30,000
               
               
                  215004
                  Section 504 Certified Development Companies Debentures
                  5,365
                  1,644
                  7,500
               
               
                  215006
                  SBIC Debentures
                  2,102
                  4,000
                  4,000
               
               
                  215010
                  Secondary Market Guarantee
                  6,543
                  13,000
                  13,000
               
               
                  215027
                  504 Commercial Real Estate (CRE) Refinance Program
                  362
                  5,500
                  7,500
               
               
                  215039
                  Paycheck Protection Program (PPP)
                  523,324
                  278,529
                  
               
               
                  215040
                  7(a) General BusinessâPL 116â260 Part-Year COVID Support
                  
                  30,000
                  
               
               
                  215041
                  Section 504 DebenturesâPL 116â260 Part-Year COVID Support
                  
                  5,856
                  
               
               
                  215042
                  504 CRE RefinanceâPL 116â260 Part-Year COVID Support
                  
                  2,000
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  215999
                  Total loan guarantee levels
                  558,266
                  385,529
                  62,000
               
               
                  
                  Guaranteed loan subsidy (in percent):
               
               
                  232002
                  7(a) General Business Loan Guarantees
                  0.33
                  0.08
                  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
               
               
                  232039
                  Paycheck Protection Program (PPP)
                  101.72
                  103.70
                  0.00
               
               
                  232040
                  7(a) General BusinessâPL 116â260 Part-Year COVID Support
                  0.00
                  5.40
                  0.00
               
               
                  232041
                  Section 504 DebenturesâPL 116â260 Part-Year COVID Support
                  0.00
                  2.04
                  0.00
               
               
                  232042
                  504 CRE RefinanceâPL 116â260 Part-Year COVID Support
                  0.00
                  2.12
                  0.00
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  232999
                  Weighted average subsidy rate
                  95.37
                  75.39
                  0.00
               
               
                  
                  Guaranteed loan subsidy budget authority:
               
               
                  233002
                  7(a) General Business Loan Guarantees
                  68
                  35
                  
               
               
                  233039
                  Paycheck Protection Program (PPP)
                  532,325
                  288,841
                  
               
               
                  233040
                  7(a) General BusinessâPL 116â260 Part-Year COVID Support
                  
                  1,620
                  
               
               
                  233041
                  Section 504 DebenturesâPL 116â260 Part-Year COVID Support
                  
                  119
                  
               
               
                  233042
                  504 CRE RefinanceâPL 116â260 Part-Year COVID Support
                  
                  42
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  233999
                  Total subsidy budget authority
                  532,393
                  290,657
                  
               
               
                  
                  Guaranteed loan subsidy outlays:
               
               
                  234002
                  7(a) General Business Loan Guarantees
                  43
                  26
                  
               
               
                  234004
                  Section 504 Certified Development Companies Debentures
                  
                  
                  3
               
               
                  234014
                  CARES Act S. 1112 Guaranteed Loans
                  7,799
                  
                  
               
               
                  234039
                  Paycheck Protection Program (PPP)
                  524,609
                  293,260
                  
               
               
                  234040
                  7(a) General BusinessâPL 116â260 Part-Year COVID Support
                  
                  1,168
                  
               
               
                  234041
                  Section 504 DebenturesâPL 116â260 Part-Year COVID Support
                  
                  36
                  
               
               
                  234042
                  504 CRE RefinanceâPL 116â260 Part-Year COVID Support
                  
                  19
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  234999
                  Total subsidy outlays
                  532,451
                  294,509
                  3
               
               
                  
                  Guaranteed loan reestimates:
               
               
                  235002
                  7(a) General Business Loan Guarantees
                  â355
                  â926
                  
               
               
                  235003
                  7(a) General Business Loan GuaranteesâSTAR
                  â1
                  â1
                  
               
               
                  235004
                  Section 504 Certified Development Companies Debentures
                  â306
                  â157
                  
               
               
                  235006
                  SBIC Debentures
                  â210
                  5
                  
               
               
                  235007
                  SBIC Participating Securities
                  â57
                  â53
                  
               
               
                  235008
                  SBIC New Market Venture Capital
                  â2
                  7
                  
               
               
                  235010
                  Secondary Market Guarantee
                  â81
                  38
                  
               
               
                  235015
                  Secondary Market 504 First Mortgage GuaranteesâARRA
                  â3
                  
                  
               
               
                  235017
                  7(a) General Business Loan GuaranteesâARRA
                  2
                  â6
                  
               
               
                  235018
                  Section 504 Certified Development CompaniesâARRA
                  â7
                  â14
                  
               
               
                  235026
                  Section 504 Certified Development Companies DebenturesâARRA Ext
                  â12
                  â6
                  
               
               
                  235027
                  504 Commercial Real Estate (CRE) Refinance Program
                  â17
                  â80
                  
               
               
                  235028
                  7(a) Business Loan GuaranteesâARRA Extension
                  4
                  â21
                  
               
               
                  235039
                  Paycheck Protection Program (PPP)
                  
                  â4,029
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  235999
                  Total guaranteed loan reestimates
                  â1,045
                  â5,243
                  
               
               
                  
                     
                  
               
            
         
      
      
         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 2022, the Budget proposes $171.3 million in new budget authority for the Business Loans Program account. This includes
            $160.3 million in administrative expenses funding; $5.0 million to help facilitate access to capital to support climate change
            resiliency and the clean energy economy; and $6.0 million in credit subsidy for the direct Microloan Program to support a
            program level of $110 million. The 2022 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 $7.5 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 2022 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.
         
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1154â0â1â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.3
                  Other goods and services from Federal sources
                  156
                  161
                  165
               
               
                  41.0
                  Grants, subsidies, and contributions
                  540,276
                  299,785
                  7
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  540,432
                  299,946
                  172
               
               
                  
                     
                  
               
            
         
      
         Business Direct Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  56
                  110
                  110
               
               
                  0713
                  Payment of interest to Treasury
                  6
                  7
                  7
               
               
                  0715
                  Other
                  1
                  1
                  
               
               
                  0716
                  CARES Act Section 1112
                  31
                  36
                  15
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  1
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  95
                  154
                  132
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  6
                  2
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  3
                  3
                  3
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â7
                  â5
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  2
                  
                  
               
               
                  
                  Financing authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  2
                  1
                  
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  56
                  107
                  114
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  63
                  71
                  50
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â26
                  â25
                  â32
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  37
                  46
                  18
               
               
                  1900
                  Budget authority (total)
                  95
                  154
                  132
               
               
                  1930
                  Total budgetary resources available
                  97
                  154
                  132
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  2
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  42
                  41
                  111
               
               
                  3010
                  New obligations, unexpired accounts
                  95
                  154
                  132
               
               
                  3020
                  Outlays (gross)
                  â93
                  â81
                  â101
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â3
                  â3
                  â3
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  41
                  111
                  139
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â4
                  â4
                  â4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â4
                  â4
                  â4
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  38
                  37
                  107
               
               
                  3200
                  Obligated balance, end of year
                  37
                  107
                  135
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  95
                  154
                  132
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  93
                  81
                  101
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Federal sources: Subsidy from program account
                  â31
                  â10
                  â7
               
               
                  4120
                  Upward reestimate
                  â1
                  â16
                  
               
               
                  4120
                  Interest on reestimate
                  
                  â2
                  
               
               
                  4122
                  Interest on uninvested funds
                  â2
                  â6
                  â2
               
               
                  4123
                  Repayments of principal, net
                  â29
                  â34
                  â37
               
               
                  4123
                  Other income
                  
                  â3
                  â4
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â63
                  â71
                  â50
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  32
                  83
                  82
               
               
                  4170
                  Outlays, net (mandatory)
                  30
                  10
                  51
               
               
                  4180
                  Budget authority, net (total)
                  32
                  83
                  82
               
               
                  4190
                  Outlays, net (total)
                  30
                  10
                  51
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1111
                  Direct loan obligations from current-year authority
                  56
                  110
                  82
               
               
                  1121
                  Limitation available from carry-forward
                  22
                  18
                  53
               
               
                  1143
                  Unobligated limitation carried forward (P.L. xx) (-)
                  â22
                  â18
                  â25
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  56
                  110
                  110
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  192
                  217
                  240
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  53
                  58
                  95
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â27
                  â34
                  â37
               
               
                  1263
                  Write-offs for default: Direct loans
                  â1
                  â1
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  217
                  240
                  297
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4148â0â3â376
                  2019 actual
                  2020 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  45
                  34
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  1
                  14
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  192
                  217
               
               
                  1402
                  Interest receivable
                  
                  1
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â20
                  â31
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  172
                  187
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  218
                  235
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  217
                  234
               
               
                  2104
                  Resources payable to Treasury (Downward Reestimate)
                  1
                  1
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  218
                  235
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  218
                  235
               
               
                  
                     
                  
               
            
         
      
         Business Guaranteed Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0711
                  Default claim payments on principal
                  1,126
                  6,361
                  1,680
               
               
                  0712
                  Default claim payments on interest
                  156
                  881
                  100
               
               
                  0713
                  Payment of interest to Treasury
                  65
                  70
                  80
               
               
                  0715
                  Other Expenses
                  413
                  463
                  299
               
               
                  0716
                  CARES Act Section 1112 (Debt Relief)
                  6,626
                  4,826
                  2,000
               
               
                  0717
                  CARES Act Section 1102 (PPP)
                  18,206
                  670,353
                  140,000
               
               
                  0741
                  Modification savings
                  1,282
                  13
                  
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  936
                  1,257
                  
               
               
                  0743
                  Interest on downward reestimates
                  162
                  6,023
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  28,972
                  690,247
                  144,159
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  3,643
                  525,189
                  142,346
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â161
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  3,482
                  525,189
                  142,346
               
               
                  
                  Financing authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  87
                  36
                  
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  452
                  1,312
                  356
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  543,724
                  306,056
                  2,493
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  6,474
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  â58
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  550,140
                  306,056
                  2,493
               
               
                  1900
                  Budget authority (total)
                  550,679
                  307,404
                  2,849
               
               
                  1930
                  Total budgetary resources available
                  554,161
                  832,593
                  145,195
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  525,189
                  142,346
                  1,036
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  22
                  312
                  29,625
               
               
                  3010
                  New obligations, unexpired accounts
                  28,972
                  690,247
                  144,159
               
               
                  3020
                  Outlays (gross)
                  â28,682
                  â660,934
                  â153,979
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  312
                  29,625
                  19,805
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â1
                  â6,475
                  â6,475
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  â6,474
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â6,475
                  â6,475
                  â6,475
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  21
                  â6,163
                  23,150
               
               
                  3200
                  Obligated balance, end of year
                  â6,163
                  23,150
                  13,330
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  550,679
                  307,404
                  2,849
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  28,682
                  660,934
                  153,979
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Subsidy from program account
                  â533,770
                  â294,509
                  â3
               
               
                  4120
                  Upward reestimate
                  
                  â1,998
                  
               
               
                  4120
                  Interest on reestimate
                  
                  â40
                  
               
               
                  4122
                  Interest on uninvested funds
                  â7,912
                  â90
                  â90
               
               
                  4123
                  Fees
                  â1,358
                  â2,147
                  â1,750
               
               
                  4123
                  Principal
                  â554
                  â6,361
                  â560
               
               
                  4123
                  Interest
                  â43
                  â881
                  â60
               
               
                  4123
                  Sale of Foreclosed Property
                  â19
                  
                  
               
               
                  4123
                  Other
                  â68
                  â30
                  â30
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â543,724
                  â306,056
                  â2,493
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â6,474
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  481
                  1,348
                  356
               
               
                  4170
                  Outlays, net (mandatory)
                  â515,042
                  354,878
                  151,486
               
               
                  4180
                  Budget authority, net (total)
                  481
                  1,348
                  356
               
               
                  4190
                  Outlays, net (total)
                  â515,042
                  354,878
                  151,486
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2111
                  Guaranteed loan commitments from current-year authority
                  720,000
                  385,529
                  62,000
               
               
                  2121
                  Limitation available from carry-forward
                  
                  
                  
               
               
                  2142
                  Uncommitted loan guarantee limitation
                  â161,734
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  558,266
                  385,529
                  62,000
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  53,182
                  385,529
                  62,000
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  129,717
                  646,028
                  332,103
               
               
                  2231
                  Disbursements of new guaranteed loans
                  542,949
                  356,255
                  59,500
               
               
                  2251
                  Repayments and prepayments
                  â24,743
                  â24,615
                  â63,347
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  â1,507
                  â5,603
                  â4,246
               
               
                  2263
                  Terminations for default that result in claim payments
                  â385
                  â1,923
                  â1,458
               
               
                  2264
                  Other adjustments, net
                  â3
                  â638,039
                  â151,347
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  646,028
                  332,103
                  171,205
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  621,677
                  319,585
                  164,752
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  3,373
                  3,526
                  8,949
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  1,220
                  7,242
                  5,488
               
               
                  2351
                  Repayments of loans receivable
                  â557
                  â548
                  â621
               
               
                  2361
                  Write-offs of loans receivable
                  â542
                  â1,271
                  â1,704
               
               
                  2364
                  Other adjustments, net
                  32
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  3,526
                  8,949
                  12,112
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â0â3â376
                  2019 actual
                  2020 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  3,664
                  519,026
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  93
                  2,611
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  160
                  108
               
               
                  
                  Net value of assets related to post-1991 acquired defaulted guaranteed loans receivable:
               
               
                  1501
                  Defaulted guaranteed loans receivable, gross
                  3,373
                  3,526
               
               
                  1502
                  Interest receivable
                  
                  
               
               
                  1504
                  Foreclosed property
                  16
                  31
               
               
                  1505
                  Allowance for subsidy cost (-)
                  â2,423
                  â2,215
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1599
                  Net present value of assets related to defaulted guaranteed loans
                  966
                  1,342
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  4,883
                  523,087
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  2,003
                  2,293
               
               
                  2105
                  Other
                  868
                  8,058
               
               
                  
                  Non-Federal liabilities:
               
               
                  2201
                  Accounts payable
                  12
                  24
               
               
                  2204
                  Liabilities for loan guarantees
                  2,000
                  512,712
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  4,883
                  523,087
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  4,883
                  523,087
               
               
                  
                     
                  
               
            
         
      
         Business Guaranteed Loan Financing Account
         (Legislative proposal, not subject to PAYGO)Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4149â2â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on commitments:
               
               
                  2111
                  Guaranteed loan commitments from current-year authority
                  
                  
                  
               
               
                  2121
                  Limitation available from carry-forward
                  
                  
                  
               
               
                  2142
                  Uncommitted loan guarantee limitation
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2150
                  Total guaranteed loan commitments
                  
                  
                  
               
               
                  2199
                  Guaranteed amount of guaranteed loan commitments
                  
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  
                  
                  
               
               
                  2231
                  Disbursements of new guaranteed loans
                  
                  
                  9
               
               
                  2251
                  Repayments and prepayments
                  
                  
                  
               
               
                  
                  Adjustments:
               
               
                  2261
                  Terminations for default that result in loans receivable
                  
                  
                  
               
               
                  2263
                  Terminations for default that result in claim payments
                  
                  
                  
               
               
                  2264
                  Other adjustments, net
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  
                  
                  9
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  
                  
                  
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  
                  
                  
               
               
                  2351
                  Repayments of loans receivable
                  
                  
                  
               
               
                  2361
                  Write-offs of loans receivable
                  
                  
                  
               
               
                  2364
                  Other adjustments, net
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  
                  
                  
               
               
                  
                     
                  
               
            
         
      
      
         
      
         Business Loan Fund Liquidating AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  0005
                  Guaranteed loan default claims
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0600
                  Direct program activities, subtotal
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts (object class 33.0)
                  
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  
                  1
                  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
                  1
               
               
                  1930
                  Total budgetary resources available
                  
                  1
                  1
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  1
                  1
                  2
               
               
                  3010
                  New obligations, unexpired accounts
                  
                  1
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1
                  2
                  3
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  1
                  1
                  2
               
               
                  3200
                  Obligated balance, end of year
                  1
                  2
                  3
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  
                  1
                  1
               
               
                  
                  Offsets against gross budget authority and outlays:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4123
                  Non-Federal sources
                  â2
                  â3
                  â3
               
               
                  4180
                  Budget authority, net (total)
                  â2
                  â2
                  â2
               
               
                  4190
                  Outlays, net (total)
                  â2
                  â3
                  â3
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  7
                  1
                  
               
               
                  1263
                  Write-offs for default: Direct loans
                  
                  â1
                  
               
               
                  1264
                  Other adjustments, net (+ or -)
                  â6
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  1
                  
                  
               
               
                  
                     
                  
               
            
         
      
      Status of Guaranteed Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of guaranteed loans outstanding:
               
               
                  2210
                  Outstanding, start of year
                  
                  
                  
               
               
                  2251
                  Repayments and prepayments
                  
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2290
                  Outstanding, end of year
                  
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Memorandum:
               
               
                  2299
                  Guaranteed amount of guaranteed loans outstanding, end of year
                  
                  
                  
               
               
                  
                     
                  
               
               
                  
                  Addendum:
               
               
                  
                  Cumulative balance of defaulted guaranteed loans that result in loans receivable:
               
               
                  2310
                  Outstanding, start of year
                  4
                  1
                  1
               
               
                  2331
                  Disbursements for guaranteed loan claims
                  
                  
                  
               
               
                  2351
                  Repayments of loans receivable
                  
                  
                  
               
               
                  2361
                  Write-offs of loans receivable
                  â1
                  
                  
               
               
                  2364
                  Other adjustments, net
                  â2
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  2390
                  Outstanding, end of year
                  1
                  1
                  1
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4154â0â3â376
                  2019 actual
                  2020 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  1101
                  Federal assets: Fund balances with Treasury
                  1
                  
               
               
                  1206
                  Non-Federal assets: Receivables, net
                  
                  
               
               
                  1601
                  Direct loans, gross
                  11
                  1
               
               
                  1602
                  Interest receivable
                  
                  
               
               
                  1603
                  Allowance for estimated uncollectible loans and interest (-)
                  â10
                  â1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1604
                  Direct loans and interest receivable, net
                  1
                  
               
               
                  1606
                  Foreclosed property
                  4
                  5
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1699
                  Value of assets related to direct loans
                  5
                  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
                  3
                  10
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  9
                  16
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2102
                  Interest payable
                  1
                  
               
               
                  2104
                  Resources payable to Treasury
                  8
                  15
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  
                  1
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  9
                  16
               
               
                  
                  NET POSITION:
               
               
                  3100
                  Unexpended appropriations
                  
                  
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  3999
                  Total net position
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  9
                  16
               
               
                  
                     
                  
               
            
         
      
         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,  $178,000,000, 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   $168,000,000, 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: Provided, That  of the funds provided under this heading,  $143,000,000, shall be for major disasters declared pursuant to the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42
            U.S.C. 5122(2)): Provided further, That the amount for major disasters under this heading is designated by Congress as being for disaster relief pursuant to
             a concurrent resolution on the budget. 
      (Financial Services and General Government Appropriations Act, 2021.)
      Program and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0701
                  Direct loan subsidy
                  26,139
                  24,246
                  1,043
               
               
                  0705
                  Reestimates of direct loan subsidy
                  60
                  83
                  
               
               
                  0706
                  Interest on reestimates of direct loan subsidy
                  6
                  1,496
                  
               
               
                  0709
                  Administrative expenses
                  759
                  368
                  178
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  26,964
                  26,193
                  1,221
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  1,110
                  25,006
                  1,231
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  35
                  213
                  213
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  1,145
                  25,219
                  1,444
               
               
                  
                  Budget authority:
               
               
                  
                  Appropriations, discretionary:
               
               
                  1100
                  Appropriation
                  16
                  25
                  35
               
               
                  1100
                  Appropriation, disaster relief pursuant Stafford Act
                  50,743
                  143
                  143
               
               
                  1120
                  Appropriations transferred to other acct [073â0200]
                  
                  â2
                  â2
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1160
                  Appropriation, discretionary (total)
                  50,759
                  166
                  176
               
               
                  
                  Appropriations, mandatory:
               
               
                  1200
                  Appropriation
                  66
                  1,579
                  
               
               
                  1200
                  Appropriation ARPA
                  
                  460
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1260
                  Appropriations, mandatory (total)
                  66
                  2,039
                  
               
               
                  1900
                  Budget authority (total)
                  50,825
                  2,205
                  176
               
               
                  1930
                  Total budgetary resources available
                  51,970
                  27,424
                  1,620
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  25,006
                  1,231
                  399
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  79
                  1,879
                  9,692
               
               
                  3010
                  New obligations, unexpired accounts
                  26,964
                  26,193
                  1,221
               
               
                  3020
                  Outlays (gross)
                  â25,129
                  â18,167
                  â8,205
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â35
                  â213
                  â213
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  1,879
                  9,692
                  2,495
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  79
                  1,879
                  9,692
               
               
                  3200
                  Obligated balance, end of year
                  1,879
                  9,692
                  2,495
               
               
                  
                     
                  
               
               
                  
                  Budget authority and outlays, net:
               
               
                  
                  Discretionary:
               
               
                  4000
                  Budget authority, gross
                  50,759
                  166
                  176
               
               
                  
                  Outlays, gross:
               
               
                  4010
                  Outlays from new discretionary authority
                  24,053
                  166
                  176
               
               
                  4011
                  Outlays from discretionary balances
                  1,010
                  16,222
                  7,769
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4020
                  Outlays, gross (total)
                  25,063
                  16,388
                  7,945
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  66
                  2,039
                  
               
               
                  
                  Outlays, gross:
               
               
                  4100
                  Outlays from new mandatory authority
                  66
                  1,779
                  
               
               
                  4101
                  Outlays from mandatory balances
                  
                  
                  260
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4110
                  Outlays, gross (total)
                  66
                  1,779
                  260
               
               
                  4180
                  Budget authority, net (total)
                  50,825
                  2,205
                  176
               
               
                  4190
                  Outlays, net (total)
                  25,129
                  18,167
                  8,205
               
               
                  
                     
                  
               
            
         
      
      Summary of Loan Levels, Subsidy Budget Authority and Outlays by Program (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct loan levels supportable by subsidy budget authority:
               
               
                  115001
                  Disaster Assistance Loans
                  191,913
                  271,918
                  9,525
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  115999
                  Total direct loan levels
                  191,913
                  271,918
                  9,525
               
               
                  
                  Direct loan subsidy (in percent):
               
               
                  132001
                  Disaster Assistance Loans
                  13.62
                  8.92
                  10.95
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  132999
                  Weighted average subsidy rate
                  13.62
                  8.92
                  10.95
               
               
                  
                  Direct loan subsidy budget authority:
               
               
                  133001
                  Disaster Assistance Loans
                  26,139
                  24,246
                  1,043
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  133999
                  Total subsidy budget authority
                  26,139
                  24,246
                  1,043
               
               
                  
                  Direct loan subsidy outlays:
               
               
                  134001
                  Disaster Assistance Loans
                  24,303
                  16,222
                  7,769
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  134999
                  Total subsidy outlays
                  24,303
                  16,222
                  7,769
               
               
                  
                  Direct loan reestimates:
               
               
                  135001
                  Disaster Assistance Loans
                  â90
                  â18,905
                  
               
               
                  135002
                  Economic Injury Disaster LoansâTerrorist Attack
                  â3
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  135999
                  Total direct loan reestimates
                  â93
                  â18,905
                  
               
               
                  
                     
                  
               
               
                  
                  Administrative expense data:
               
               
                  3510
                  Budget authority
                  759
                  168
                  178
               
               
                  3590
                  Outlays from new authority
                  759
                  168
                  178
               
               
                  
                     
                  
               
            
         
      
      
         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. This includes Economic
            Injury Disaster Loans for COVID-19. 
         
         The Budget requests $143 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 $35 million
            for administrative expenses related to non-major disasters and disaster mitigation. This includes $5 million to help facilitate
            access to capital to support climate change resiliency and the clean energy economy,
         
      
      Object Classification (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â1152â0â1â453
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Direct obligations:
               
               
                  25.3
                  Other goods and services from Federal sources
                  759
                  368
                  178
               
               
                  41.0
                  Grants, subsidies, and contributions
                  26,205
                  25,825
                  1,043
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  99.9
                  Total new obligations, unexpired accounts
                  26,964
                  26,193
                  1,221
               
               
                  
                     
                  
               
            
         
      
         Disaster Direct Loan Financing AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Obligations by program activity:
               
               
                  
                  Credit program obligations:
               
               
                  0710
                  Direct loan obligations
                  191,913
                  271,918
                  9,525
               
               
                  0713
                  Payment of interest to Treasury
                  7,611
                  8,000
                  400
               
               
                  0715
                  Other
                  22
                  30
                  25
               
               
                  0742
                  Downward reestimates paid to receipt accounts
                  104
                  20,476
                  
               
               
                  0743
                  Interest on downward reestimates
                  55
                  7
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  0900
                  Total new obligations, unexpired accounts
                  199,705
                  300,431
                  9,950
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Unobligated balance:
               
               
                  1000
                  Unobligated balance brought forward, Oct 1
                  776
                  133
                  
               
               
                  1021
                  Recoveries of prior year unpaid obligations
                  286
                  374
                  374
               
               
                  1023
                  Unobligated balances applied to repay debt
                  â775
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1050
                  Unobligated balance (total)
                  287
                  507
                  374
               
               
                  
                  Financing authority:
               
               
                  
                  Borrowing authority, mandatory:
               
               
                  1400
                  Borrowing authority
                  207,873
                  267,888
                  10,000
               
               
                  1422
                  Borrowing authority applied to repay debt
                  â41,114
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1440
                  Borrowing authority, mandatory (total)
                  166,759
                  267,888
                  10,000
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  32,007
                  32,036
                  32,944
               
               
                  1801
                  Change in uncollected payments, Federal sources
                  1,800
                  
                  
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  
                  â965
               
               
                  1825
                  Spending authority from offsetting collections applied to repay debt
                  â1,015
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1850
                  Spending auth from offsetting collections, mand (total)
                  32,792
                  32,036
                  31,979
               
               
                  1900
                  Budget authority (total)
                  199,551
                  299,924
                  41,979
               
               
                  1930
                  Total budgetary resources available
                  199,838
                  300,431
                  42,353
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  1941
                  Unexpired unobligated balance, end of year
                  133
                  
                  32,403
               
               
                  
                     
                  
               
               
                  
                  Change in obligated balance:
               
               
                  
                  Unpaid obligations:
               
               
                  3000
                  Unpaid obligations, brought forward, Oct 1
                  640
                  13,875
                  101,685
               
               
                  3010
                  New obligations, unexpired accounts
                  199,705
                  300,431
                  9,950
               
               
                  3020
                  Outlays (gross)
                  â186,184
                  â212,247
                  â85,349
               
               
                  3040
                  Recoveries of prior year unpaid obligations, unexpired
                  â286
                  â374
                  â374
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3050
                  Unpaid obligations, end of year
                  13,875
                  101,685
                  25,912
               
               
                  
                  Uncollected payments:
               
               
                  3060
                  Uncollected pymts, Fed sources, brought forward, Oct 1
                  â79
                  â1,879
                  â1,879
               
               
                  3070
                  Change in uncollected pymts, Fed sources, unexpired
                  â1,800
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  3090
                  Uncollected pymts, Fed sources, end of year
                  â1,879
                  â1,879
                  â1,879
               
               
                  
                  Memorandum (non-add) entries:
               
               
                  3100
                  Obligated balance, start of year
                  561
                  11,996
                  99,806
               
               
                  3200
                  Obligated balance, end of year
                  11,996
                  99,806
                  24,033
               
               
                  
                     
                  
               
               
                  
                  Financing authority and disbursements, net:
               
               
                  
                  Mandatory:
               
               
                  4090
                  Budget authority, gross
                  199,551
                  299,924
                  41,979
               
               
                  
                  Financing disbursements:
               
               
                  4110
                  Outlays, gross (total)
                  186,184
                  212,247
                  85,349
               
               
                  
                  Offsets against gross financing authority and disbursements:
               
               
                  
                  Offsetting collections (collected) from:
               
               
                  4120
                  Payments from program account
                  â24,303
                  â16,222
                  â7,769
               
               
                  4120
                  Upward reestimate
                  â60
                  â83
                  
               
               
                  4120
                  Interest on upward reestimate
                  â6
                  â1,496
                  
               
               
                  4122
                  Interest income from Treasury
                  â4,710
                  â4,000
                  â4,000
               
               
                  4123
                  Repayments of principal, net
                  â2,928
                  â10,235
                  â21,175
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4130
                  Offsets against gross budget authority and outlays (total)
                  â32,007
                  â32,036
                  â32,944
               
               
                  
                  Additional offsets against financing authority only (total):
               
               
                  4140
                  Change in uncollected pymts, Fed sources, unexpired
                  â1,800
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  4160
                  Budget authority, net (mandatory)
                  165,744
                  267,888
                  9,035
               
               
                  4170
                  Outlays, net (mandatory)
                  154,177
                  180,211
                  52,405
               
               
                  4180
                  Budget authority, net (total)
                  165,744
                  267,888
                  9,035
               
               
                  4190
                  Outlays, net (total)
                  154,177
                  180,211
                  52,405
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Position with respect to appropriations act limitation on obligations:
               
               
                  1111
                  Direct loan obligations from current-year authority
                  184,297
                  
                  
               
               
                  1121
                  Limitation available from carry-forward
                  8,149
                  271,918
                  9,525
               
               
                  1143
                  Unobligated limitation carried forward (-)
                  â533
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1150
                  Total direct loan obligations
                  191,913
                  271,918
                  9,525
               
               
                  
                     
                  
               
               
                  
                  Cumulative balance of direct loans outstanding:
               
               
                  1210
                  Outstanding, start of year
                  9,610
                  187,039
                  356,181
               
               
                  1231
                  Disbursements: Direct loan disbursements
                  178,458
                  181,868
                  85,349
               
               
                  1251
                  Repayments: Repayments and prepayments
                  â2,617
                  â10,235
                  â21,175
               
               
                  1263
                  Write-offs for default: Direct loans
                  â128
                  â2,491
                  â4,744
               
               
                  1264
                  Other adjustments, net (+ or -)
                  1,716
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  1290
                  Outstanding, end of year
                  187,039
                  356,181
                  415,611
               
               
                  
                     
                  
               
            
         
      
      Balance Sheet (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4150â0â3â453
                  2019 actual
                  2020 actual
               
               
                  
                     
                  
               
               
                  
                  ASSETS:
               
               
                  
                  Federal assets:
               
               
                  1101
                  Fund balances with Treasury
                  1,338
                  11,217
               
               
                  
                  Investments in U.S. securities:
               
               
                  1106
                  Receivables, net
                  66
                  1,578
               
               
                  
                  Net value of assets related to post-1991 direct loans receivable:
               
               
                  1401
                  Direct loans receivable, gross
                  9,610
                  187,039
               
               
                  1402
                  Interest receivable
                  
                  
               
               
                  1404
                  Foreclosed property
                  4
                  4
               
               
                  1405
                  Allowance for subsidy cost (-)
                  â1,265
                  â5,641
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1499
                  Net present value of assets related to direct loans
                  8,349
                  181,402
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  1999
                  Total assets
                  9,753
                  194,197
               
               
                  
                  LIABILITIES:
               
               
                  
                  Federal liabilities:
               
               
                  2103
                  Debt
                  9,590
                  173,646
               
               
                  2105
                  Other
                  160
                  20,483
               
               
                  2201
                  Non-Federal liabilities: Accounts payable
                  3
                  68
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  2999
                  Total liabilities
                  9,753
                  194,197
               
               
                  
                  NET POSITION:
               
               
                  3300
                  Cumulative results of operations
                  
                  
               
               
                  
                  
                  
                     
                  
                  
                     
                  
               
               
                  4999
                  Total liabilities and net position
                  9,753
                  194,197
               
               
                  
                     
                  
               
            
         
      
         Disaster Loan Fund Liquidating AccountProgram and Financing (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2020 actual
                  2021 est.
                  2022 est.
               
               
                  
                     
                  
               
               
                  
                  Budgetary resources:
               
               
                  
                  Budget authority:
               
               
                  
                  Spending authority from offsetting collections, mandatory:
               
               
                  1800
                  Collected
                  
                  1
                  1
               
               
                  1820
                  Capital transfer of spending authority from offsetting collections to general fund
                  
                  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
               
               
                  4180
                  Budget authority, net (total)
                  
                  â1
                  â1
               
               
                  4190
                  Outlays, net (total)
                  
                  â1
                  â1
               
               
                  
                     
                  
               
            
         
      
      Status of Direct Loans (in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  Identification code 073â4153â0â3â453
                  2020 actual
                  2021 est.
                  2022 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
                  2019 actual
                  2020 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
               
               
                  
                     
                  
               
            
         
      
         Small Business Manufacturing
         Small Business Manufacturing
         (Legislative proposal, subject to PAYGO)
          The American Jobs Plan proposes $30 billion to support small business access to credit, venture capital, and research & development
            dollars. Ensuring equitable access to capital is essential to supporting the growth of small businesses and entrepreneurship.
         
      
         GENERAL FUND RECEIPT ACCOUNTS(in millions of dollars)
      
         
            
               
                  
                     
                  
               
               
                  
                  2020 actual   
                  2021 est.   
                  2022 est.   
               
               
                  
                     
                  
               
               
                  Offsetting receipts from the public:
               
               
                  073â272130
                  Disaster Loan Program, Downward Reestimates of Subsidies
                  159   
                  20,483   
                     
               
               
                  073â272210
                  Business Loan Program, Negative Subsidies
                  1,266   
                     
                     
               
               
                  073â272230
                  Business Loan Program, Downward Reestimates of Subsidies
                  1,099   
                  7,280   
                     
               
               
                  073â322000
                  All Other General Fund Proprietary Receipts Including Budget Clearing Accounts
                  â1   
                     
                     
               
               
                  
                  
                  
                     
                  
                  
                     
                  
                  
                     
                  
               
               
                  General Fund Offsetting receipts from the public
                  2,523   
                  27,763   
                     
               
               
                  
                     
                  
               
            
         
      
      
          
      
         ADMINISTRATIVE PROVISIONSâSMALL BUSINESS ADMINISTRATION'
      			
      (INCLUDING TRANSFERS OF FUNDS)SEC. 540. Not to exceed 5 percent of any appropriation made available for the current fiscal year for the Small Business Administration
      in this Act may be transferred between such appropriations, but no such appropriation shall be increased by more than 10 percent
      by any such transfers: Provided, That any transfer pursuant to this paragraph shall be treated as a reprogramming of funds under section 608 of this Act
      and shall not be available for obligation or expenditure except in compliance with the procedures set forth in that section.SEC. 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  notice to 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,  2025. SEC. 542.   DEVELOPMENT COMPANY LOANS TO SMALL MANUFACTURERS.â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. 543.   MICROLOAN PROGRAM FUNDING LEVEL CHANGE.â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. 544.  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. 545.   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. 546.   PERMANENT INCREASE TO THE UNSECURED THRESHOLD ON PHYSICAL DISASTER LOANS.â Section 2102(b) of the RISE After Disaster Act
         of 2015 (Public Law 114â88) is repealed.  SEC. 547.   SMALL BUSINESS DEVELOPMENT CENTERS AND WOMENS BUSINESS CENTER PROGRAM EVALUATIONS.â  (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 by  (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, 2021.)