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SBA says Northeast Trip Touts Continued and Steady Economic Growth Following Record Jobs and Small Business Boom Thanks to the American Rescue Plan
Information contained in U.S. Small Business Administration press release dated: June 7, 2022
Washington, DC - - Recently, Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America's 32.5 million small businesses in President Biden's Cabinet, met with business owners across the Northeast, highlighting equity, resources, and support for America's small businesses.
"Small businesses are the giants of our economy. It was a pleasure to meet with business owners throughout the Northeast and hear firsthand about their successes and the challenges they have overcome, as well as understand their critical needs as they continue to navigate the fast-evolving economy. They are doing the hard work to help strengthen our supply chains, make more products right here in America, and confront the biggest challenges of our time, from climate change and energy independence to rebuilding our roads and bridges. Our small businesses are starting, recovering, and focused on growth opportunities ahead, including contracts through the $1.2 trillion invested in President Biden's Infrastructure Investment and Jobs Act (Bipartisan Infrastructure Law). The SBA is committed to making sure capital, revenue growth opportunities, and support networks are available to all to seize this moment and help build a better, more equitable America," stated Administrator Guzman.
In Willimantic, Connecticut, the SBA Administrator joined U.S. Representative Joe Courtney to meet with small business contractors working at the Windham Bridge construction site, a project funded by President Biden's Infrastructure Investment and Jobs Act (IIJA). All twelve of the subcontractors involved in the project have received SBA assistance.
While in Connecticut, Administrator Guzman also toured two local family-owned businesses. Mackey's and Design Center East were able to weather the COVID-19
Administrator Guzman meeting with John Vincent Pica-Sneeden, Executive Director of the Connecticut Gay & Lesbian Chamber of Commerce. |
In Massachusetts, Administrator Guzman and Rep. Lori Trahan visited the Lowell Auditorium, where they celebrated the resurgence of vital cultural entities kept afloat during the pandemic thanks to the SBA's
Administrator Guzman with U.S. Representative Lori Trahan and members of the Lowell Auditorium in Massachusetts. |
Friday, in Coatesville, Pennsylvania, Administrator Guzman joined U.S.
Administrator Guzman with U.S. Representative Chrissy Houlahan at a roundtable discussion in Coatesville, Pa. |
"Starting a small business is in many ways a reflection of our faith in the American Dream to inspire, innovate, and give back to our community -- I know because I've been there, too," said Houlahan. "As I meet with small business owners across Chester and Berks Counties, I see that faith in action; we have over 15,000 small business owners who employ nearly half of workers in our district. We continue to grow and attract new businesses, but we also know barriers like access to capital and affordable childcare persist. To talk about our successes and the work ahead, I proudly hosted SBA Administrator Guzman in Coatesville."
Houlahan added: "Administrator Guzman has been a tireless partner through the distribution of historic emergency disaster loans, small business grants, small venue grants, and so much more to keep our economy on track during the worst of the pandemic. She also understands that when women- and minority-owned businesses succeed, we all succeed. On this pressing issue, I look forward to working together to strengthen existing programs and resources for underrepresented communities. In fact, my Women-Owned Small Business Program Transparency Act is expected to pass the House this week with broad bipartisan support. Our commitment to small businesses continues, and I will return to Washington this week with fresh ideas from our community, ready to deliver for Pennsylvanians."
They then visited nth Solutions, LLC, a small business that has endured economic
"American manufacturing is key to the success of our economy. I toured @nthSolutions, an electronic product development and manufacturing company that has grown and weathered the pandemic with help from the SBA," stated Administrator Guzman. |
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