The Small Business Administration promotes economic aid to Texas

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From left, Arlington Mayor Jim Ross, Paragon Furniture CEO Ricky Kassanoff and US Small Business Administration head Isabella Guzman tour Paragon’s production facility in Arlington. Guzman stopped by the Arlington small business to talk about its needs as it recovers from the economic impacts of the pandemic, and how help from the SBA has helped Paragon Furniture survive.

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The US Small Business Administration traveled to Arlington on Friday to tour local company Paragon Furniture with CEO Ricky Kassanoff and Arlington Mayor Jim Ross.

Isabella Guzman, head of the SBA and member of President Joe Biden’s cabinet, told Kassanoff on the tour that it was impressive how her company had survived the pandemic. He thanked her and the SBA for the Paycheck Protection Program loans available for his small business and said that was part of the reason they survived.

Guzman visited the Dallas-Fort Worth Metroplex on Friday to meet with small business owners and discuss ways the SBA can help them recover from the business impacts of COVID-19. It was Guzman’s first official visit to the region.

Ross said the visit to Paragon Furniture, which designs, manufactures and ships school furniture internationally, gave Kassanoff and the city the opportunity to highlight how the loans, advice and networking opportunities provided by the SBA have had positive impacts on business in Arlington.

This was especially important for Paragon Furniture, Kassanoff said, because there was a drop in orders when schools were online only due to the pandemic. The loans have helped the business survive, and the networking and counseling the administration provides to small businesses has helped Paragon Furniture expand its export business.

Guzman said his administration is committed to continuing to work with small business owners and seeking other ways to support them as they recover from the economic effects of the pandemic.

This story was originally published February 11, 2022 5:22 p.m.

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James Hartley is a breaking news reporter at the Fort Worth Star-Telegram. He is passionate about true stories, movies, baseball and good hot tea. You can connect with James on Twitter @ByJamesHartley or Instagram @JamesTakesPhotos. | Want reporters like James to help you stay informed about your community? You can help the Star-Telegram continue to deliver great local, business, political, sports and cultural news by purchasing a digital or print subscription today.

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