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