WASHINGTON, D.C. – Today, U.S. Senator Cory Booker (D-NJ), a member of the Senate Small Business and Entrepreneurship Committee, met virtually with Isabel Guzman who has been nominated to serve as Administrator of the Small Business Administration. Following their meeting, Senator Booker issued the following statement:
“Today, I had the honor of meeting virtually with Isabel Guzman, who has been nominated to serve as Administrator of the Small Business Administration. In our meeting, we discussed the devastating impact that the COVID-19 pandemic has had on small businesses, and the Biden Administration’s plan to help them recover and rebuild. We also discussed what steps we can take to ensure that all of our small businesses are able to access the capital and financing they need to succeed. Ms. Guzman’s experience and understanding of the issues facing our small businesses make it clear to me that she is more than qualified to serve as Administrator of the Small Business Administration and I look forward to working with her and the Biden Administration to empower American small businesses to thrive.”
Guzman currently serves as the Director of the Office of the Small Business Advocate within the California Governor’s Office of Business and Economic Development (GO-Biz). A lifelong proponent of small businesses, Guzman grew up as the daughter of a small business owner and served within the Obama-Biden Administration as Deputy Chief of Staff and Senior Advisor in the U.S. Small Business Administration. In her current role, Guzman helps connect entrepreneurs in every community with the resources and capital needed for success, and supports small businesses to weather the COVID-19 pandemic. She serves as the voice of small businesses and innovative startups to help them access capital, markets and networks. In addition to overseeing a network of small business centers, Guzman’s office has launched the Shop Safe Shop Local initiative aimed at helping small businesses reopen safely, and its Get Digital CA initiative to help businesses adopt technology to safely and successfully operate in the pandemic.
Prior to her career in public service, Guzman was a small business entrepreneur herself, an advisor to fellow founders, and an advisor at ProAmérica Bank, the first California chartered Latino-formed business bank to form in Los Angeles in over 35 years. She earned a Bachelor of Science from the University of Pennsylvania Wharton School of Business.
Senator Booker has served on the Senate Small Business and Entrepreneurship Committee since his election to the Senate in 2013. He has been a leader in the Senate working to empower very small, and minority and women-owned businesses. Booker wrote and passed into law a bipartisan bill to streamline IRS platforms to make it easier for small businesses to access capital, and wrote and passed into law legislation to ensure small business owners have access to certain Small Business Administration (SBA) loans soon after a disaster.
Senator Booker’s RELIEF for Main Street Act, bipartisan, bicameral legislation to provide grants and other emergency assistance to small business owners impacted by the pandemic, passed the House of Representatives and awaits action in the new Congress.