President Donald J. Trump watches as Vice President Mike Pence officiates at the ceremonial swearing-in of the Jovita Carranza, joined by her grandson Anthony Hernandez who holds the bible, as Administrator of the Small Business Administration Monday, Jan. 27, 2020, in the Oval Office of the White House. (Official White House Photo by Tia Dufour)
TIMELINE 2014: In 2014, she joined the "Women for Rauner" campaign in Illinois promoting the Bruce Rauner and Evelyn Sanguinetti ticket. 2015: Carranza was confirmed by the Illinois Senate on April 30, 2015. 2017: Carranza was sworn in on June 19, 2017. 2019: On July 31, 2019, President Trump announced the nomination of Carranza to be Administrator of the Small Business Administration. 2019: On August 1, 2019, President Trump nominated Carranza to be Administrator of the Small Business Administration, replacing Linda McMahon. 2020: On April 3, 2020, Carranza announced the launch of the Paycheck Protection Program – a $349 billion emergency loan program provided through the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
Jovita Carranza served as the former 26th Administrator of the U.S. Small Business Administration (SBA). As a former member of President Tr ump's Cabinet, she advocated on behalf of the 30 million small businesses in America. In her role as Administrator, she lead a team of professionals dedicated to ensuring entrepreneurs located across America have the support and resources they needed to start, grow, and expand their small businesses, and recover in the event of a declared disaster.
Prior to leading the SBA, Administrator Carranza served as Treasurer of the United States at the U.S. Department of the Treasury under President Donald J. Trump. In her role as a principal advisor to Secretary Mnuchin, Carranza focused on increasing participation in our vibrant economy by fostering financial capability and sustainability. Former Administrator Carranza is a Chicago native and founder of a small business consulting company. She previously served as the Deputy Administrator for the SBA under former President George W. Bush, where she received a bipartisan, unanimous confirmation by the U.S. Senate. Before her first SBA appointment, Carranza had a distinguished 30-year career at United Parcel Service (UPS), where she was the highest-ranking Latina in the history of the company. She started as a part-time, nightshift box handler and worked her way up to President of Latin America and Caribbean operations. Former Administrator Carranza earned her MBA from the University of Miami in Coral Gables, Florida, and received executive, governance, management, and financial training at the INSEAD Business School in Paris, France; Michigan State University; and the University of Chicago. US Small Business Administration 409 3rd St, SW, Washington DC 20416
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