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The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
The Office of Advocacy of the U.S. Small Business Administration represents the views of small business to Congress, the White House, federal agencies, federal courts, and state policymakers. It is an independent federal government office housed within the Small Business Administration and created by act of Congress in 1976. [2]
In January 2012, President Barack Obama announced that the SBA administrator would be elevated to Cabinet rank, a position it last held during the Clinton Administration. [ 1 ] [ 2 ] [ 3 ] The current administrator is Isabel Guzman , who was nominated by President Joe Biden and confirmed by the senate on March 16, 2021.
Isabella Casillas Guzman [1] (born 1970) [2] is an American government official serving as the administrator of the Small Business Administration in the Biden administration. She assumed office on March 17, 2021. [3] [4] [5] She is the fifth Latina woman to ever have served in the Cabinet of the United States. [6]
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Kenneth Hahn Hall of Administration (abbreviated HOA), formerly the Los Angeles County Hall of Administration, completed 1960, is the seat of the government of the County of Los Angeles, California, United States. The seat houses the Los Angeles County Board of Supervisors, meeting chambers, and the offices of several County departments. [1]
In 1991, the company acquired Fidelcor Business Credit Corporation, which increased its services to small businesses. In 1992, CIT opened 15 new offices in 7 states. [2] In 1997, the company became a public company via an initial public offering that raised $850 million. [2] [5]