Karen G. Mills was sworn in April 6, 2009, as the 23rd Administrator of the U.S. Small Business Administration. Appointed by President Barack Obama and confirmed unanimously by the Senate, Ms. Mills directs a federal agency with more than 2,000 full-time employees, and a leading role helping small business owners and entrepreneurs secure financing, technical assistance, training and federal contracts. SBA also plays a leading role in disaster recovery by making low interest loans for businesses and residents. With a portfolio of direct and guaranteed business loans and disaster loans worth more than $84 billion, SBA is the nation's largest single financial backer of small business.
Since 1983, Ms. Mills has been an active hands-on investor in and successful manager of small businesses. Ms. Mills also has distinguished herself as a passionate advocate for small business policy that encourages innovation, economic development and job creation.
Most recently, as the president of MMP Group, Ms. Mi