THROUGH AN OFFICIAL LETTER ISSUED BY BIENVENIDO’S EMPRESARIOS, JAVIER LOYA ENDORSED FORMER SENATOR KELLY LOEFFLER TO LEAD THE SMALL BUSINESS ADMINISTRATION

HOUSTON, Dec. 10, 2024 /PRNewswire-HISPANIC PR WIRE/ — Javier Loya, a prominent Houston entrepreneur and Chairman of OTC Global Holdings and GETCHOICE!, has announced his endorsement of former Senator Kelly Loeffler as Administrator of the Small Business Administration (SBA). Loeffler, nominated by President-elect Donald J. Trump, has received widespread support from Bienvenido’s Empresarios, a coalition dedicated to advancing Hispanic entrepreneurship and economic growth.

“As a business leader and entrepreneur, I know firsthand the challenges small business owners face,” said Loya. “Kelly Loeffler’s extensive experience in the private sector, coupled with her deep understanding of economic development, positions her uniquely to address the needs of America’s vibrant Hispanic business community.”

Loeffler’s nomination comes at a pivotal time for Hispanic entrepreneurs, who represent one of the fastest-growing segments of the U.S. economy. With nearly one in four new businesses in the United States being Hispanic-owned and the number of Hispanic entrepreneurs increasing by 34% over the past decade, Loya emphasized Loeffler’s potential to unlock even greater opportunities for this key demographic.

“Latino entrepreneurs are responsible for nearly two-thirds of all new job creation in America. Kelly’s proven track record of leadership and commitment to empowering small businesses ensures she will champion policies that drive growth, expand access to capital, and create pathways to success for Hispanic entrepreneurs,” added Loya.

As Chairman of OTC Global Holdings and GETCHOICE! and a member of Bienvenido’s Empresarios, Javier Loya has long advocated for initiatives that strengthen the small business ecosystem. His endorsement reflects his belief in Loeffler’s ability to lead the SBA in fostering economic opportunities and supporting communities nationwide.

Bienvenido’s Empresarios, a network of Hispanic business leaders including Loya, Bob Unanue, President and CEO of Goya Foods and Esteban Abascal, CEO of La Moderna USA, is confident that Loeffler’s leadership at the SBA will address long-standing challenges faced by minority-owned businesses. Her nomination signals the administration’s recognition of the essential role small businesses play in driving innovation, creating jobs, and advancing the American economy.

“We urge the Senate to swiftly confirm Kelly Loeffler as SBA Administrator,” said Loya. “Her vision and dedication are what our small business community needs to continue thriving in today’s dynamic economy.”

About Bienvenido’s Empresarios

Bienvenido’s Empresarios is a coalition of Hispanic business leaders united in their commitment 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.

SOURCE Javier Loya