{"id":33839,"date":"2022-03-23T12:14:45","date_gmt":"2022-03-23T17:14:45","guid":{"rendered":"https:\/\/unitedresourceconnection.org\/cannon-ball-nd-58528\/statement-by-sba-administrator-guzman-on-the-first-anniversary-of-the-american-rescue-plan\/"},"modified":"2022-03-23T12:14:46","modified_gmt":"2022-03-23T17:14:46","slug":"statement-by-sba-administrator-guzman-on-the-first-anniversary-of-the-american-rescue-plan","status":"publish","type":"post","link":"https:\/\/unitedresourceconnection.org\/cannon-ball-nd-58528\/statement-by-sba-administrator-guzman-on-the-first-anniversary-of-the-american-rescue-plan\/","title":{"rendered":"Statement by SBA Administrator Guzman on the First Anniversary of the American Rescue Plan"},"content":{"rendered":"
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Statement by SBA Administrator Guzman on the First Anniversary of the American Rescue Plan<\/strong><\/p>\n

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WASHINGTON <\/strong>\u2013 Administrator Isabella Casillas Guzman<\/a><\/strong>,<\/strong> head of the U.S. Small Business Administration (SBA)<\/a><\/strong> and the voice for America\u2019s 32.5 million small businesses in President Biden\u2019s cabinet, issued the following statement to highlight the economic impact of President Joe Biden\u2019s American Rescue Plan<\/a> (ARP):<\/p>\n

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\u201cThe SBA was transformational for small businesses, providing over\u00a0$450 billion\u00a0in critical recovery funding\u00a0to more than 6 million entrepreneurs,\u00a0<\/strong>helping them survive, reopen, and once again thrive even in the face of deep challenges. As I\u2019ve traveled the country over the past year, I have heard firsthand the inspiring stories of resilience and recovery from hundreds of business owners and entrepreneurs who have directly benefitted from the Restaurant Revitalization Fund<\/a>, the Paycheck Protection Program<\/a>, COVID Economic Injury Disaster Loans<\/a>, and Shuttered Venue Operators Grants<\/a>, and who credit those programs for saving their businesses.<\/p>\n

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\u201cThanks to the American Rescue Plan, Americans have returned to work at an unprecedentedly fast pace, and our economy is growing at the fastest rate in almost 40 years. This recovery has spurred a surge in entrepreneurship, and Americans are applying to start new businesses at a record rate, up about 30 percent compared to before the pandemic. And as our economy grows, the Biden-Harris Administration is working to make sure we have a level playing field so that all of our small business owners can create products and services we depend on and compete locally, nationally, and globally. And we are doing this by reaching businesses where they are, thanks in part to the SBA\u2019s ARP-funded Community Navigator Pilot Program, designed to connect underserved small businesses with government programs and resources to help them start and grow.<\/p>\n

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\u201cThere\u2019s more to be done, and the Biden-Harris Administration is working to strengthen supply chains and open more doors of opportunity so small businesses can continue to serve their customers and keep creating good-paying jobs. There are more opportunities for small businesses on the horizon thanks to President Biden\u2019s Infrastructure Investment and Jobs Act and Made in America priorities, and the SBA and our local partners will continue to work to make sure our smallest businesses benefit from those prospects and continue to drive our economic growth.<\/p>\n

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\u201cSmall businesses are and always have been at the center of the American story, and the Biden-Harris Administration will continue to place them at the center of our economic agenda. As we do so, the SBA stands ready to provide the capital, market connections, and knowledge networks those businesses need to start, grow, and be resilient now and for generations to come.\u201d<\/p>\n

The post Statement by SBA Administrator Guzman on the First Anniversary of the American Rescue Plan<\/a> first appeared on Native Sun News Today<\/a>.<\/p>\n

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Visit Original Source<\/a><\/p>","protected":false},"excerpt":{"rendered":"

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Statement by SBA Administrator Guzman on the First Anniversary of the American Rescue Plan \u00a0 \u00a0 WASHINGTON \u2013 Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA) and the voice for America\u2019s 32.5 million small businesses in President Biden\u2019s cabinet, issued the following statement to highlight the <\/p>\n

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Shared by Native Sun News Today<\/a> March 23, 2022<\/p>\n

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