The Asian American Hotel Owners Association (AAHOA) applauds the appointment of Jeanne Hulit as acting Commissioner of the Small Business Administration (SBA). AAHOA members have a long history of working with SBA approved lenders to help grow the hospitality industry. Commissioner Hulit and her predecessor Commissioner Karen Mills have actively supported the expansion of small business financing options.
“The Small Business Administration has been a wonderful partner to the hospitality industry for many years. Under the leadership of Karen Mills our industry was able to work directly with the SBA to help weather difficult economic times,” said Mehul Patel, AAHOA National Chairman. “We are excited about the opportunity to work with Commissioner Hulit and together create a stronger economy with more jobs.”
Fred Schwartz, AAHOA President, echoes the Chairman’s sentiments by adding, “Jeanne Hulit has an extensive and successful background in small business development, economic development and commercial finance. She is an outstanding choice to continue the important work being done by the Small Business Administration.”
AAHOA is THE voice of owners in the hospitality industry. Founded in 1989, it is now one of the fastest-growing organizations in the industry, with more than 11,000 members owning more than 20,000 hotels that total $128 billion in property value. AAHOA members employ 578,600 full and part-time workers with a $9.4 billion payroll. AAHOA is dedicated to promoting and protecting the interests of its members by inspiring excellence through programs and initiatives in advocacy, industry leadership, professional development, member benefits, and community involvement.