Missouri Small Businesses: Five Fast Facts
April 18, 2024
Delaney Sexton
Contributing Editor
Missouri Small Businesses: Five Fast Facts
- There are 548,647 small businesses in Missouri.
- Small businesses contributed 78.3% of new jobs in Missouri from March 2021 to March 2022.
- Banks issued $2.4 billion in loans to businesses with revenues of $1 million or less.
- Reported new lending to businesses through loans of $1 million or less was $6.7 billion.
- Small business exports reached $4.4 billion in 2021.
Source:
SBA Office of Advocacy 2023 Missouri Small Business Profile