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Administration Nominates Administrator for the SBA

 

Jan 22 - Nominated as administrator of the Small Business Administration by President Barack Obama was Maria Contreras-Sweet, founder and chairman of Latino-owned ProAmerica Bank in Los Angeles. She has also served as secretary of the California Business, Transportation and Housing Agency, overseeing 40,000 state employees and a $12 billion budget.

Independent Community Bankers of America President and CEO Camden R. Fine congratulated Contreras-Sweet on her nomination, saying, “As a passionate supporter of small businesses, she would be an excellent SBA administrator.”


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