Biden picks former SBA staffer Isabel Guzman to serve as Administrator


  • President-elect Joe Biden has chosen Isabel Guzman to head up the US Small Business Administration, the transition crew launched on Friday.
  • Currently serving as California’s Small Business Advocate, Guzman acknowledged the US is “at a crossroads moment for small businesses.”
  • Experts say that the model new administrator will need to elevate the SBA’s public profile so as to successfully attain companies all by the nation and help the continued monetary restoration.
  • Visit Business Insider’s homepage for added tales.

Isabel Guzman is President-elect Joe Biden’s pretty pretty just some to head up the US Small Business Administration, the transition crew launched on Friday.

“I am honored to return to the SBA at a crossroads moment for small businesses,” Guzman in a speech accepting her nomination.

She joins an monetary crew headlined by former Fed chair Janet Yellen for the Treasury, and Rhode Island Governor Gina Raimondo, contained all by the interim launched to lead the Commerce Department.

Currently serving as the director of California’s Office of the Small Business Advocate, Guzman was beforehand deputy chief of staff on the SBA by the Obama administration.

Guzman was moreover listed as a volunteer on the transition’s company evaluation crew for small enterprise, which was tasked with making ready the model new administration to take over from current SBA head Jovita Carranza.

Although the Administrator is a cabinet-level place, the 68-year-old SBA has historically been undoubtedly one amongst many lower-profile authorities companies in Washington. That is, until the COVID-19 pandemic and public efficiently being response devastated small companies all by the US.

Today, the SBA is accountable for coping with practically a trillion in emergency help money, having issued additional loans up to now 9 months than it has in its full existence ahead of that.

“Now more than ever, our small businesses need us,” Guzman acknowledged.

Guzman was raised in an entrepreneurial household – her father was a veterinarian alongside collectively alongside collectively alongside collectively collectively collectively alongside collectively alongside collectively alongside alongside collectively collectively alongside collectively alongside alongside alongside alongside collectively alongside alongside collectively alongside alongside collectively collectively collectively collectively collectively alongside collectively collectively alongside alongside collectively collectively collectively alongside collectively alongside alongside collectively collectively collectively collectively alongside alongside collectively alongside collectively collectively alongside alongside alongside alongside collectively collectively alongside alongside alongside collectively collectively alongside collectively collectively collectively collectively alongside collectively collectively alongside alongside alongside collectively collectively 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alongside collectively collectively collectively alongside collectively alongside alongside collectively alongside alongside alongside alongside collectively alongside collectively collectively collectively alongside alongside alongside collectively alongside alongside collectively collectively collectively collectively collectively collectively alongside alongside collectively together with his personal clinic – and she or he graduated with ranges in enterprise and economics from the Wharton enterprise college at UPenn.

During Obama’s second time interval, she was Deputy Chief of Staff and Senior Advisor to Administrator Karen Mills.

As the chief of California’s response to the catastrophe, Guzman oversaw a pair of initiatives to help companies undertake new know-how and to help them reopen safely, and remaining month launched a $500 million grant program.

Guzman may even be the founding father of GovContractPros, a small consultancy that helps companies navigate elevated than $500 billion in federal contracts — experience that dovetails with a Biden selling and promoting and selling and promoting and selling and promoting promoting and selling and promoting and selling and promoting selling and promoting and selling and promoting promoting and selling and promoting selling and promoting promoting selling promoting and selling selling promoting and selling and promoting and selling selling and promoting and selling promoting and selling selling promoting selling promoting selling and promoting and selling promoting and selling selling promoting selling and promoting and selling and promoting and selling and promoting promoting and selling and promoting and selling and promoting selling and promoting and selling and promoting promoting and selling and promoting selling and promoting promoting selling and promoting promoting selling 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Experts say that the model new administrator will need to elevate the SBA’s public profile so as to successfully attain companies all by the nation and help the continued monetary restoration.

“In the early days of the Biden-Harris admin, I would love to see that [SBA] voice become stronger,” a former deputy administrator on the SBA, Marie Johns, educated the Wall Street Journal.

“The agency has got to do a better job of telling its own story. And by that, I mean building awareness in Main Street corridors around the country,” she added.

Sean Salas, the founder and CEO of Camino Financial, a California small enterprise lender serving Latino entrepreneurs, educated Insider he was terribly optimistic with reference to the SBA beneath Guzman.

“She’s a practitioner with years of experience that will get the job done for all businesses, especially the smallest and less-served. A great appointment in my opinion,” he acknowledged.



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