Senate Hearing for SBA Nominee Guzman

February 4, 2021

President Joe Biden’s nominee to head the U.S. Small Business Administration (SBA), Isabel Guzman sat before the Senate Committee on Small Business and Entrepreneurship on Tuesday, Feb. 3, during a hearing over her nomination. NSBA has formally endorsed Guzman and encouraged the Committee to move swiftly on her confirmation.

Guzman brings a wealth of experience to the role, having served previously in the SBA as deputy chief of staff following a lengthy career in small-business capital access and contracting issues.

During the confirmation hearing, Guzman underscored her support of the Paycheck Protection Program (PPP) with the goal of ensuring that and other initiatives reach minority-owned businesses and those in underserved communities. She also touted the importance of a strong small-business presence in the federal marketplace and the need for SBA to have the best technology to serve America’s small businesses.

Guzman was questioned by Republicans on the panel on issues outside her purview, namely President Biden’s proposal to increase the minimum wage, and she didn’t weigh-in one way or the other.

In his letter endorsing Guzman’s nomination, NSBA President and CEO Todd McCracken stated, “Isabel Guzman’s experience both within and outside the SBA should enable her to hit the ground running, something America’s struggling small-business community needs as the pandemic rages and economic growth on Main Street stagnates.”

Click here to read NSBA’s letter.

Click here to watch the hearing.