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