Isabella Guzman, Isabel Guzman, first Latina SBA Administrator,

Isabella Casillas Guzman confirmed as new SBA Administrator, a big win for small businesses

Isabella Casillas Guzman has been confirmed as the 27th Administrator of the U.S. Small Business Administration. A Latina business leader, Guzman is among a group of high-caliber Latinos that were nominated by the Biden Administration. 

Latinos nominated to the Cabinet, Isabel Guzman, Isabella Guzman, first Latina SBA Administrator

Isabella Casillas Guzman, first Latina SBA Administrator. (State of California, Public domain, via Wikimedia Commons)

This past Tuesday, on March 16, the U.S. Senate confirmed President Joe Biden’s nominee with broad bipartisan support, 81-17 votes as Administrator of the SBA. In this position, Guzman will represent the more than 30 million U.S. small businesses and lead an agency committed to helping small business owners and entrepreneurs start, grow and be resilient.

Commenting on Guzman’s appointment, Senate Committee on Small Business & Entrepreneurship Chair Ben Cardin (D-MD) said: 

 “SBA must continue to be a lifeline for small businesses in the months ahead, and I am confident that Isabel Guzman is the best person to lead the agency out of the pandemic and through the economic recovery to follow. Mrs. Guzman’s commitment to equity and her deep knowledge of the needs of small businesses will make her a strong advocate for all small businesses in the Biden Administration. I am looking forward to working with Mrs. Guzman as we in Congress work to fine-tune SBA to better meet the needs of small businesses in Black, Latino, Native, and other underserved communities.”

Administrator Guzman will lead a workforce of over 9,000 SBA employees and administer the SBA’s portfolio of loans, investments, disaster assistance, contracting, and counseling.  Additionally, she will implement critical financial relief for small businesses impacted by the pandemic through the Paycheck Protection Program, Economic Injury Disaster Loan Program, Shuttered Venue Operators Grant Program, and additional support recently passed in the American Rescue Plan.

Isabella Guzman, Isabel Guzman, first Latina SBA Administrator,

Isabella Guzman previously worked in the SBA during the Obama administration as Deputy Chief of Staff and Senior Adviser. (U.S Small Business Administration, Public domain, via Wikimedia Commons)

“Growing up in an entrepreneurial family, I learned firsthand the ins and outs of managing a business from my father and gained an appreciation for the challenges small business owners face every day.  Throughout my public and private sector career, I have been dedicated to helping small businesses grow and succeed,” said Administrator Guzman. “Now more than ever, our impacted small businesses need our support, and the SBA stands ready to help them reopen and thrive.”  

Previously, Guzman served as the director of the Office of Small Business Advocate in the California Governor’s Office of Business and Economic Development where she served California’s four million small businesses, which employ 7.1 million Californians, the largest state network of small businesses in the country. Prior to her work in California, she worked in the SBA during the Obama administration as Deputy Chief of Staff and Senior Adviser. Guzman has also started small businesses as an entrepreneur. 

You might be interested: Innovative attitude: the 7 keys to becoming an innovative entrepreneur

 “I am excited to return to the SBA and serve as the voice of small business in the Biden-Harris Administration. I am committed to championing the Agency’s mission and helping equitably build back the economy,” Administrator Guzman continued. “I also look forward to working with the dedicated team of SBA professionals to ensure that the SBA creates and sustains inclusive entrepreneurial ecosystems for all of our diverse small businesses across the nation to thrive.”

2 replies
  1. Jeyben
    Jeyben says:

    FYI the first picture you have on this article regarding Administrator Guzman claims she’s the first Latina SBA Administrator. She’s the 4th. You might want to change that. I applaud her as the new Administrator but I’m sure the last 3 Latinas who held that position might be a bit confused by your post. Also, confused as how your business website might have missed that given another article you have – “Contreras-Sweet invited as speaker for SHCC of NJ”.

    Reply
    • Susana G Baumann
      Susana G Baumann says:

      Yes, Jeyben, we already caught that from another comment on LinkedIn. It was bad wording from the fact that she has been the first Latina to be sworn-in from this Admnistration. Mistakes happen,and we appreciate your comment. We would also appreciate comments when the team does a good job. Thanks for reaching out!

      Reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *