Biden Announces SBA NomineeJanuary 8, 2021
President-elect Joe Biden has named Isabel Guzman as his choice for incoming Administrator of the U.S. Small Business Administration (SBA). Guzman served in the Obama administration SBA as deputy chief of staff and in 2019 was tapped as California’s director of the Office of the Small Business Advocate.
Guzman brings with her a wealth of experience on key small-business priorities including access to capital and federal contracting.
Previously, Guzman founded a small business that provided consulting in government contracting—experience which could prove very useful in ensuring small-business access to the federal marketplace. She also, early in her career, worked for ProAmerica Bank, a commercial bank for small- and midsize-companies. This insight into small-business lending could be beneficial when it comes to managing SBA’s extensive loan portfolio, particularly as the 2nd round of PPP kicks off.
Guzman’s past position within SBA could 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.