Page:United States Statutes at Large Volume 108 Part 5.djvu/689

 ;—«s,s-,- PUBLIC LAW 103-403—OCT. 22, 1994 108 STAT. 4179 "(B) the Administration may not approve loans on behalf of the Administration or on behalf of any other department or agency, by contract or otherwise, under terms and conditions other than those specifically authorized under this Act or the Small Business Investment Act of 1958, except that it may approve loans under section 7(a)(21) of this Act in gross amounts of not more than $1,250,000. "(p) The following program levels are authorized for fiscal year 1997: "(1) For the programs authorized by this Act, the Administration is authorized to make— "(A) $98,000,000 in technical assistance grants as pro- ' vided in section 7(m); and "(B) $262,000,000 in direct and immediate participation loans, and of such sum, the Administration is authorized to make— "(i) $12,000,000 in loans, as provided in section 7(a)(10);and "(ii) $250,000,000 in loans, as provided in section 7(m). "(2) For the programs authorized by this Act, the Administration is authorized to make $19,390,000,000 in deferred participation loans and other financings. Of such sum, the Administration is authorized to make— "(A) $13,100,000,000 in general business loans as provided in section 7(a); "(B) $3,250,000,000 in financings as provided in section 7(a)(13) and section 504 of the Small Business Investment Act of 1958; "(C) $3,000,000,000 in loans as provided in section 7(a)(21);and "(D) $40,000,000 in loans as provided in section 7(m). "(3) For the programs authorized by title III of the Small Business Investment Act of 1958, the Administration is authorized to make— "(A) $25,000,000 in purchases of preferred securities; "(B) $268,000,000 in guarantees of debentures, of which $48,000,000 is authorized in guarantees of debentures from companies operating pursuant to section 301(d) of such Act; and "(C) $900,000,000 in guarantees of participating securities. "(4) For the programs authorized by part B of title IV of the Small Business Investment Act of 1958, the Administrai tion is authorized to enter into guarantees not to exceed $2,000,000,000, of which not more than $650,000,000 may be in bonds approved pursuant to the provisions of section 411(a)(3) of such Act. "(5) The Administration is authorized to make grants or enter cooperative agreements— ' (A) for the Service Corps of Retired Executives program authorized by section 8(b)( 1), $3,900,000; "(B) for the Small Business Institute program authorized by section 8(b)(1), $3,400,000; and "(C) for activities of small business development centers pursuant to section 21(c)(3)(G), not to exceed $15,000,000, to remain available until expended.

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