Senate Approves Guzman Nomination

March 17, 2021

On Tuesday, March 16, the U.S. Senate voted 81-17 to approve the nomination of Isabel Guzman for Administrator of the U.S. Small Business Administration. NSBA endorsed Guzman for the role, and her nomination was approved by the Senate Committee on Small Business late-February.

In addition to being a small business owner, Guzman was an advisor to ProAmérica Bank in Los Angeles, between 2009 and 2014. She then served on the Small Business Administration during the Obama administration before becoming the director of California’s Office of the Small Business Advocate. 

The SBA is playing a central role in providing pandemic relief to America’s small businesses and needs a strong Administrator at its helm. NSBA has endorsed Guzman for her experience and dedication to small business, and believes she is well poised to lead the SBA in the coming months and years. 

Below is a statement from NSBA President and CEO Todd McCracken:

“I applaud the Senate for approving the nomination of Isabel Guzman to head the SBA. Strengthening America’s small businesses is a nonpartisan priority and it is important to have a Senate-confirmed Administrator for the important work the agency has in the months ahead.

“Guzman brings a wealth of experience to the role, with a lengthy background in small-business lending–one of NSBA’s top priorities–as well know-how when it comes to small-business participation in the federal marketplace. Her 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.

“I look forward to working with Administrator Guzman on key small-business priorities: strengthening SBA lending; broadening small-business access to capital, including the Paycheck Protection Program; bolstering small business participation in federal contracts; supporting small business innovation programs; and protecting small businesses against over-reaching regulations.”

Click here to read NSBA’s letter.