President Obama's fiscal 2011 budget proposal would provide $994 million for the Small Business Administration, a 21 percent increase over the 2010 enacted level, which would include $28 billion in loan guarantees.

The budget request also includes proposals that would boost the size of several small business loan programs. Under the budget proposal, the maximum 7(a) loan size would increase from $2 million to $5 million; the maximum size for 504 loans would increase from $2 million to $5 million for regular projects and from $4 million to $5.5 million for manufacturing projects; and the maximum microloan size would increase from $35,000 to $50,000.

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