SMALL BUSINESS ADMINISTRATION

SMALL BUSINESS ADMINISTRATION Disaster Loans Program Account (including transfers of funds) Of the unobligated balances under the heading “Small Business Administration, Disaster Loans Program Account”, $181,069,000, to remain available until expended, shall be used for administrative expenses to carry out the disaster loan program, which may be transferred to and merged with “Small Business Administration, Salaries and Expenses”, of which $500,000 is for the Office of Inspector General of the Small Business Administration for audits and reviews of disaster loans and the disaster loan program and shall be paid to appropriations for the Office of Inspector General; of which $171,569,000 is for direct administrative expenses of loan making and servicing to carry out the direct loan program; and of which $9,000,000 is for indirect administrative expenses. Of the unobligated balances under the heading “Small Business Administration, Disaster Loans Program Account”, $25,000,000 shall be made available for loans under section 7(b)(2) of the Small Business Act to pre-existing businesses located in an area for which the President declared a major disaster because of the hurricanes in the Gulf of Mexico in calendar year 2005, of which not to exceed $8,750,000 is for direct administrative expenses and may be transferred to and merged with “Small Business Administration, Salaries and Expenses” to carry out the disaster loan program of the Small Business Administration. Of the unobligated balances under the heading “Small Business Administration, Disaster Loans Program Account”, $150,000,000 is transferred to the “Federal Emergency Management Agency, Disaster Relief” account.