CONGRESSMAN MOYLAN TESTIFIES BEFORE HOUSE SMALL BUSINESS COMMITTEE ON GUAM SBA BRANCH OFFICE CLOSURE

(Washington, D.C.) Today, Congressman Moylan delivered a compelling testimony before the House Small Business Committee expressing his concerns and opposition to the recent decision to close the Guam SBA Branch Office. For over six decades, the Guam SBA Branch Office has served as a vital resource for providing disaster loans and grants to support the recovery and growth of businesses and residents on the island.

In his testimony, Congressman Moylan highlighted the significant challenges posed by the closure of the Guam SBA Branch Office, particularly the distance and time zone differences that will result in delays in services and limited accessibility for small businesses in Guam. He emphasized the importance of having a local branch office to address the unique needs of the Pacific islands, especially in light of the military build-up in the region.

"The recent decision to close the Guam SBA Branch Office raises serious concerns for our island's small business community. Guam requires a fully operational SBA Branch Office to provide direct, on the ground assistance that is crucial for the success and resilience of our local economy. Small businesses in the Pacific Territories should not face unnecessary challenges in accessing essential SBA services," stated Congressman Moylan.

Congressman Moylan also urged the Committee to ensure that every state and territory has the necessary resources to support the growth and success of their small business communities. He affirmed his commitment to advocating for the continuity of service and support that small businesses owners deserve, regardless of their location.

As the debate continues on the future of the Guam SBA Branch Office, Congressman Moylan remains dedicated to fighting for the interests of Guam's small businesses and ensuring that they have the tools they need to thrive.