I am the policy manager with the small business financing program.
Basically, as a result of these proposals, we're expecting about $560 million of additional financing to small businesses across the country.
The budget allocation is basically $36 million over the first five years. Then, as things stabilize—because the loan portfolio can be upwards of 10 to 15 years—it'll be $32 million a year, ongoing. That $32 million is associated with, as Frances pointed out, our share of what the net defaulted losses would be to the program.
When a loan goes into default, we cover 85% of the eligible losses. The financial institution covers 15% of those eligible losses.