Jeanne A. Hulit assumed the role of Acting Administrator of the U.S. Small Business Administration in September 2013. As Acting Administrator, Hulit leads a team of more than 3,000 employees and manage the agency’s portfolio--including more than $90 billion in loan guarantees. In addition, the agency helps small businesses access nearly $100 billion in federal contracts each year and supports counseling and technical assistance to more than one million entrepreneurs. SBA also provides disaster assistance to small businesses and homeowners.
Prior to assuming the role of Acting Administrator, Hulit served as Associate Administrator for SBA’s Office of Capital Access since February 2012, where she was responsible for advising SBA Administrator Karen Mills and overseeing the agency’s loan programs. During Hulit’s tenure, the agency saw two record years of delivering more capital into the hands of small business owners and entrepreneurs than ever before. Hulit also worked to streamline and simplify SBA’s loan programs and expand access to the agency’s lending programs. Her responsibilities included the agency’s loan, microloan and surety bond programs, credit risk management, secondary market activity and managing financial operations centers.
Prior to her Washington assignment, Hulit was appointed to serve as SBA’s New England Regional Administrator in August 2009. As regional administrator, Hulit was responsible for the delivery of the agency’s financial assistance, technical assistance and government contracting activities throughout the six New England states.
Prior to joining SBA, Hulit spent 18 years in banking, serving as senior vice president for commercial lending at Citizens Bank, vice president and middle market lender at KeyBank, N.A., and manager of Key’s International Banking Division. Previously, she served as deputy director of the International Division at the Maine Department of Economic and Community Development. Hulit has also held a number of civic and economic leadership roles, including her tenure as a founder and chair of the Maine International Trade Center, and her service as chair for the University of Southern Maine Board of Visitors.