top of page

Biden’s new SBA head on Covid loans and financial relief businesses can still get

SBA Financial Relief

  • President Biden’s SBA Administrator Isabelle Guzman says it was a “huge scale” change for the federal small business agency to handle $1 trillion in Covid-19 loans, grants and other forms of financial relief.

  • While the PPP program and Shuttered Venues Operator Grant program were criticized, the SBA leader says she is forcing SBA staff to think more like entrepreneurs and tech start-ups and solve that scale problem so the agency makes equitable, efficient funding decisions to help small businesses grow.

  • Currently she cited remaining funds in the program from live event venues, Covid economic injury disaster loans, and a PPP loan forgiveness process she says is improving with the support of 1,000 partners who can make decisions in 10 minutes.


11 views0 comments

Recent Posts

See All
bottom of page