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Jovita Carranza Begins as SBA’s 26th Administrator

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Pledges to Create More Opportunities for Veteran, Women and Underserved Entrepreneurs

Jovita Carranza takes the oath of office and becomes the 26th Administrator of the U.S. Small Business Administration in the Rio Grande Valley.

Texas Border Business

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Jovita Carranza began serving as the 26th Administrator of the U.S. Small Business Administration. The President nominated Administrator Carranza to lead the SBA while she was serving as the 44th Treasurer of the United States. The U.S. House of Representatives and the U.S. Senate confirmed her with overwhelming bipartisan support on December 19, 2019, and January 7, 2020, respectively. Administrator Carranza, an Illinois native, becomes the highest-ranking Latina in the federal government with this Cabinet-level position.

“I want to thank the President for his confidence in me to be an advocate in the Cabinet for our country’s 30 million small businesses, and I want to express my sincere gratitude to the U.S. Senate for confirming me in a bipartisan fashion,” 

Administrator Carranza will lead more than 2,000 full-time employees at the only federal agency exclusively dedicated to assisting small business owners and entrepreneurs in starting, growing, and expanding their businesses. She also will oversee SBA’s disaster recovery efforts, which provides low-interest loans to help survivors return to normal after a catastrophe strike. 

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Administrator Carranza earned her MBA from the University of Miami in Coral Gables, Fla., and received executive, governance, management and financial training at the INSEAD Business School in Paris, France; Michigan State University; and the University of Chicago.

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