Ohio Small Businesses: Five Fast Facts
May 7, 2024
Delaney Sexton
Contributing Editor
Ohio Small Businesses: Five Fast Facts
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- There are 989,435 small businesses in Ohio.
- Small businesses contributed 117,778 new jobs in Ohio from March 2021 to March 2022.
- Ohio businesses with revenues of $1 million or less received $3.1 billion in loans.
- Total reported new lending to businesses through loans of $1 million or less was $10.7 billion.
- Ohio small businesses exported $11 billion in 2021.
Source:
SBA Office of Advocacy 2023 Ohio Small Business Profile