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"Cardin Statement on Nomination of Isabel Guzman as SBA Administrator"

Summary

A statement dated January 8, 2021 from Ben Cardin (D-Md.), Ranking Member of the Senate Committee on Small Business & Entrepreneurship, issued after President-elect Joe Biden announced that he will nominate Isabel Guzman as SBA Administrator. Cardin welcomes the nomination and says the SBA's loan programs must be catalysts for small business growth, as they were following the 2008 financial crisis. He says the SBA must also ensure equity in its programs so entrepreneurs in underserved and underbanked communities are not left behind. He says he looks forward to meeting Guzman to hear how her prior experience prepared her and what more the SBA can do to support small businesses through the pandemic.

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Title: Cardin Statement on Nomination of Isabel Guzman as SBA Administrator
Date: 2021-01-08

Cardin Statement on Nomination of Isabel Guzman as SBA Administrator

January 8, 2021

(Washington, DC) — Senate Committee on Small Business & Entrepreneurship Ranking Member Ben Cardin (D-Md.) today issued the following statement after President-elect Joe Biden announced that he will nominate Isabel Guzman as U.S. Small Business Administration (SBA) Administrator:

“I welcome Isabel Guzman’s nomination to lead SBA as it continues to play a vital role in the federal effort to support small businesses during the COVID-19 pandemic.

“As our communities and economy struggle to recover from the pandemic, SBA’s loan programs must be catalysts for small business growth, just as they were following the 2008 financial crisis. SBA must also ensure equity in its programs, especially its loan programs, so entrepreneurs in underserved and underbanked communities are not left behind during the recovery.

“I look forward to meeting Isabel Guzman to hear more about how her prior experience has helped prepare her to lead SBA. I am particularly interested in her opinions on what more SBA can do to support small businesses through the pandemic, as well as how she intends to use all the tools in SBA’s toolkit to invest in small businesses and jumpstart the economic recovery.”

Permalink: https://www.sbc.senate.gov/public/index.cfm/2021/1/cardin-statement-on-nomination-of-isabel-guzman-as-sba-administrator

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