Arkansas Small Businesses – Five Fast Facts
March 11, 2024
Delaney Sexton
Contributing Editor
Arkansas Small Businesses – Five Fast Facts
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- New lending to businesses through loans of $1 million or less was $3.2 billion in 2021.
- $1.3 billion in loans went to Arkansas small businesses with revenues of $1 million or less.
- 77.4% of exporters in the state were small businesses.
- From March 2021 to March 2022, 10,357 small businesses opened.
- During that same period, small businesses contributed a net increase of 25,937 jobs.
Source:
SBA Office of Advocacy 2023 Arkansas Small Business Profile