Kansas Small Businesses: Five Fast Facts

April 2, 2024

Delaney Sexton
Contributing Editor

Kansas Small Businesses: Five Fast Facts

  • There are 256,287 small businesses in Kansas, and 9,686 small businesses opened from March 2021 to March 2022.
  • In 2021, banks issued $802 million in loans to Kansas businesses with revenue of $1 million or less.
  • Total reported new lending to businesses through loans of $1 million or less was $2.6 billion.
  • Exports from small businesses reached $2.3 billion in 2021.
  • In 2020, 49.5% of Kansas employment was accounted for by small businesses which exceeded the national small business employment share.

Source:
SBA Office of Advocacy 2023 Kansas Small Business Profile