New SBA Administrator

The US Small Business Administration (SBA) has a new Administrator.

Steve Preston, was confirmed by the Senate in late June, and was formally sworn in last week. Preston is the 22nd Administrator since SBA was first created in 1953. Previously, Preston served as Executive Vice President at The ServiceMaster Company, a major franchising operation. Preston has not offered a lot of details about his vision for SBA, but we hope that he will continue the agency’s strong support for America’s entrepreneurs.

To view a Small Business Administration press release about Preston’s swearing-in, click here.