Isabella Casillas Guzman has been confirmed as the 27th Administrator of the U.S. Small Business Administration. On March 16, the U.S. Senate confirmed President Joe Biden’s nominee with broad bipartisan support, 81-17 votes as Administrator of the SBA. Guzman will represent the more than 30 million U.S. small businesses and lead an agency committed to helping small business owners and entrepreneurs start, grow and be resilient.
“SBA must continue to be a lifeline for small businesses in the months ahead, and I am confident that Isabel Guzman is the best person to lead the agency out of the pandemic and through the economic recovery to follow,” said Senate Committee on Small Business & Entrepreneurship Chair Ben Cardin (D-MD). “Mrs. Guzman’s commitment to equity and her deep knowledge of the needs of small businesses will make her a strong advocate for all small businesses in the Biden Administration. I am looking forward to working with Mrs. Guzman as we in Congress work to fine-tune SBA to better meet the needs of small businesses in Black, Latino, Native, and other underserved communities.”
Administrator Guzman will lead a workforce of over 9,000 SBA employees and administer the SBA’s portfolio of loans, investments, disaster assistance, contracting, and counseling. Additionally, she will implement critical financial relief for small businesses impacted by the pandemic through the Paycheck Protection Program, Economic Injury Disaster Loan Program, Shuttered Venue Operators Grant Program, and additional support recently passed in the American Rescue Plan.