Senate Committee to Vote on SBA Nominee Guzman

February 24, 2021

On Wednesday, Feb. 24, the Senate Committee on Small Business and Entrepreneurship will meet to discuss and vote on President Joe Biden’s nominee to head the U.S. Small Business Administration (SBA), Isabel Guzman.

Guzman’s confirmation hearing occurred on Tuesday, Feb. 3–establishing a expeditious process by the Committee to move the nomination forward, assuming the Committee approves the nomination, which is expected. NSBA has formally endorsed Guzman and applauds the Committee for their prompt action.

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.

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.”

NSBA urges the Committee to ok the nomination later today and calls on the U.S. Senate for a prompt approval in the coming weeks.

Click here to read NSBA’s letter.

Click here to watch the hearing.