#United States #Houston #Javier Loya #Kelly Loeffler #SBA

Business Leader Javier Loya's Endorsement

In a significant move highlighting his commitment to empowering small businesses, Javier Loya, the president of OTC Global Holdings and GETCHOICE!, has publicly endorsed Kelly Loeffler to become the Administrator of the Small Business Administration (SBA). This endorsement, announced on December 10, 2024, comes at a pivotal time for the Hispanic business community in the United States.

Loya's letter of support, issued through the coalition Empresarios Bienvenido, underscores the vital importance of leadership that is attuned to the needs of small business owners, particularly within the Hispanic community. “As a business leader and entrepreneur, I understand the challenges that small business owners face,” Loya stated. He believes that Loeffler’s extensive experience in the private sector and her profound understanding of economic development makes her uniquely qualified for the position.

The nomination of Loeffler by President-elect Donald J. Trump reflects a recognition of the crucial role that small business owners play in the economy, especially as Hispanic entrepreneurs are rapidly increasing. According to recent statistics, nearly one in four new businesses in the U.S. are owned by Hispanics, with the number of Hispanic entrepreneurs having surged by 34% in the last decade. Loya highlighted the immense potential Loeffler has to unlock further opportunities for this key demographic.

“Hispanic entrepreneurs are responsible for nearly two-thirds of all new job creation in the United States,” Loya added. His remarks emphasize that Loeffler's track record of leadership and her commitment to small business empowerment position her to advocate for policies that will facilitate growth, expand access to capital, and establish pathways for success for Hispanic entrepreneurs.

With his long-standing advocacy for initiatives that strengthen the small business ecosystem, Loya's backing reflects his trust in Loeffler's capacity to lead the SBA effectively. The coalition Empresarios Bienvenido, which includes other influential Hispanic business leaders such as Bob Unanue of Goya Foods and Esteban Abascal of La Moderna, shares this sentiment. They believe that if confirmed, Loeffler will address longstanding challenges faced by minority-owned businesses, thereby boosting innovation, job creation, and economic advancement.

Loya's call for the Senate to expedite Loeffler’s confirmation echoes a broader desire among Hispanic business leaders for a partner in the SBA who can champion their interests. “Her vision and dedication are what our small business community needs to thrive in today's dynamic economy,” Loya emphasized, urging prompt Senate action.

About Empresarios Bienvenido

Empresarios Bienvenido is a coalition of Hispanic business leaders committed to preserving the American Dream and promoting free enterprise. Through advocacy and strategic collaboration, the organization empowers entrepreneurs to overcome barriers and build a stronger, more inclusive economy.

Loya’s endorsement illustrates not only his confidence in Loeffler but also his dedication to fostering an environment where small businesses—particularly those owned by Hispanics—can flourish without hindrances. As 2024 progresses, all eyes will be on the Senate to see how swiftly they confirm a candidate deemed essential for the upliftment of small enterprises across the nation.