North Dakota Small Businesses: Five Fast Facts

May 6, 2024

Delaney Sexton
Contributing Editor

North Dakota Small Businesses: Five Fast Facts

There are 73,822 small businesses in North Dakota.
Small businesses contributed 8,741 jobs, or 84.4% of all new jobs between March 2021 and March 2022.
Banks issued $571.1 million in loans to businesses with revenues of $1 million or less.
New lending to businesses through loans of $100,000 or less was $357.1 million.
Reported new lending to businesses through loans of $1 million or less was $1.4 billion.