Sen. Cramer: Senate Confirms New Small Business Administrator

WASHINGTON – U.S. Senator Kevin Cramer (R-ND), a Senate Banking Committee member, issued the following statement after voting to confirm Isabel Guzman as Administrator of the Small Business Administration (SBA) today:

“Small businesses are the lifeblood of North Dakota’s economy, employing half of our workforce and accounting for almost 99% of our businesses. As the pandemic began, we were able to partner with Small Business Administration leaders, both in Washington and in North Dakota, to get our small businesses the help they needed to stay afloat. I hope to have a similarly successful relationship with Administrator Guzman and look forward to working with her as we push to get the economy fully reopened and reinvigorated.” 

Through his seat on the Senate Banking Committee, Senator Cramer teamed up with North Dakota’s small business leaders to help craft the Paycheck Protection Program (PPP) – which was administered through SBA - and worked with SBA to improve its efficacy. The senator was able to get legislation passed last year to streamline the PPP forgiveness process for small businesses.