Idaho Small Businesses: Five Fast Facts

March 26, 2024

Delaney Sexton
Contributing Editor

Idaho Small Businesses: Five Fast Facts

11,426 small businesses opened in Idaho from March 2021 to March 2022.
Small businesses contributed almost 30,000 jobs or 86% of all new jobs in Idaho during that same period.
Construction is the largest small business industry in Idaho with 25,621 small businesses.
$2 billion in new loans of $1 million or less were made during 2021.
New lending to businesses through loans of $100,000 or less was $605.9 million in 2021.