[Congressional Record Volume 163, Number 59 (Wednesday, April 5, 2017)]
[Extensions of Remarks]
[Page E459]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




 RECOGNIZING DERRICK MUNA QUINATA ON RECEIVING THE U.S. SMALL BUSINESS 
 ADMINISTRATION'S 2017 SMALL BUSINESS PERSON OF THE YEAR AWARD FOR GUAM

                                 ______
                                 

                       HON. MADELEINE Z. BORDALLO

                                of guam

                    in the house of representatives

                        Wednesday, April 5, 2017

  Ms. BORDALLO. Mr. Speaker, I rise today to commend and congratulate 
Derrick Muna Quinata on being awarded the U.S. Small Business 
Administration's 2017 Small Business Person of the Year Award for Guam. 
Derrick is being honored and recognized as an individual who has 
demonstrated outstanding skills, savviness, and ability to create 
success in the small business community. He holds a degree in Business 
Administration from the University of Guam and is a Masters of Business 
Administration candidate with the University of Phoenix. Derrick is 
currently the President of Monster Auto Corp dba Guam Autospot, a 
family-owned automobile dealership that he built from the ground up.
  Derrick opened Guam Autospot in 2008 after working in the automobile 
industry for several years. Derrick dreamt of owning his own dealership 
as a young child accompanying his mother to work selling cars. 
Additionally, Derrick successfully negotiated with General Motors to be 
named the exclusive distributor for Buick GMC for Guam and the CNMI. He 
is one of the youngest General Motors franchise holders in the nation. 
Guam Autospot is also an authorized Mitsubishi Dealer for Guam. In just 
eight years, Guam Autospot has grown from an operation with five 
vehicles on consignment to becoming a major competitor in Guam's 
automobile industry. Since its humble beginnings in 2008, Guam Autospot 
has grown to have a net profit of $1.7 million, and much of its growth 
can be attributed to their use of social media, technology, community 
outreach and customer engagement.
  In particular, a hallmark of Derrick's business philosophy has been 
his commitment to Guam and the region by hiring local and supporting 
philanthropic initiatives that strengthen our communities. He was 
recently featured as one of Guam Business Journal's 40 under 40 who are 
making their mark in the Guam business community. Additionally, Derrick 
is a member of Dukduk Goose, Inc. Foundation that produces a local 
children television show that teaches children the Chamorro language 
and culture.
  Derrick is a successful business man and family man. He is a leader 
in our local community and a role model for others in the private 
business sector. Derrick and his company are committed to Guam and the 
region, and to improving the community through hiring local and 
boosting the economy. Derrick proudly supports the local workforce and 
currently employs 165 people. Backed by the sustained growth of his 
business over the years, I look forward to continued success for him 
and our entire community.
  I congratulate Derrick on receiving the 2017 U.S. Small Business 
Administration's Small Business Person of the Year Award for Guam. I 
join the people of Guam in commending him on this award and thanking 
him for his many contributions to our island community.

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