New Hampshire Small Businesses: Five Fast Facts
April 25, 2024
Delaney Sexton
Contributing Editor
New Hampshire Small Businesses: Five Fast Facts
- Between 2021 and 2022, 7,732 small businesses opened in New Hampshire.
- During that same period, small businesses contributed 22,919 new jobs.
- Banks issued $401.4 million in loans to New Hampshire businesses with revenues of $1 million or less.
- Total reported new lending to businesses through loans of $1 million or less was $1.4 billion.
- 86.5% of exporters in New Hampshire were small businesses, and they exported $2.3 billion in goods during 2021.
Source:
SBA Office of Advocacy 2023 New Hampshire Small Business Profile