SBA administrator issues statement on Government Accountability Office findings on PPP program

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WASHINGTON – U.S. Small Business Administration Administrator Isabella Casillas Guzman issued a statement in response to a Government Accountability Office report released recently that found that critical changes to the Paycheck Protection Program implemented under her leadership earlier this year had the intended effect of increasing loan access for the smallest and minority-owned businesses that were largely left out of earlier funding. “It is one of my top priorities as SBA Administrator to expand opportunities for our smallest small businesses and underserved communities and center equity in all our programs. When it became clear that Mom-and-Pop ventures and businesses owned by historically disadvantaged groups were facing unique challenges in getting PPP loans, the Biden-Harr
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