Former Georgia Senator, Kelly Loeffler, was named yesterday by President-elect Donald Trump as his nominee for Administrator of the Small Business Administration.
As part of his announcement, Trump stated: “Kelly will bring her experience in business and Washington to reduce red tape, and unleash opportunity for our Small Businesses to grow, innovate, and thrive. She will focus on ensuring that SBA is accountable to Taxpayers by cracking down on waste, fraud, and regulatory overreach.”
In response to the nomination, NAGGL’s President and CEO, Tony Wilkinson, stated: “Oh behalf of the nearly 1,000 private-sector lenders that NAGGL represents, we congratulate former Senator Kelly Loeffler on her nomination by President-elect Trump to serve as SBA Administrator. Her years of business experience and her time serving in the Senate will be assets to her new role leading this critical Agency that supports Main Street America. We look forward to working closely with Sen. Loeffler so that we can partner together on ways to best grow and support the small business economy while also preserving the long-term integrity and responsible stewardship of the successful 7(a) Loan Program that, last year alone, served over 70,000 small businesses with private-sector capital.”
