Hector V. Barreto, who has served as administrator of the Small Business Administration since 2001, is stepping down to become national chairman of Hispanic advocacy organization The Latino Coalition.
Under Barreto's guidance, the agency doubled the number of loans made through its main SBA business loan programs. However, the agency came under fire recently from lawmakers following Hurricanes Katrina and Rita for what they considered a low number of loans to affected businesses. Barreto pointed out that his agency granted $8.4 billion in loans.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access