President-Elect Joe Biden Reportedly Selects Isabel Guzman to Head Small Business Administration
Entrepreneur's New Year’s Guide
President-elect Joe Biden has continued putting forth Cabinet nominees, notably announcing one-time Obama-era Supreme Court hopeful Merrick Garland as .
Today, reports have emerged from outlets including NBC News and The Wall Street Journal that Biden intends to nominate Isabel Guzman — currently director, Office of the Small Business Advocate for California — to head the Small Business Administration (SBA), an agency that has taken on an outsize role in helping disseminate Paycheck Protection Program (PPP) loans.
Guzman's prior experience also includes a three-year stint as the SBA's Deputy Chief of Staff and Senior Advisor to the Administrator from 2014 to 2017 and an emphasis, per , on "advising entrepreneurs, launching ventures, helping small businesses navigate the federal government and creating policies and programs to help advance entrepreneurship and innovation."
This potentially bodes well for small-business owners suffering amid pandemic lockdowns and anxiously awaiting Congress' latest round of federal Covid relief to trickle down.
Guzman is the first Latina to be nominated for a position in Biden's Cabinet.