Oregon Small Businesses: Five Fast Facts
May 9, 2024
Delaney Sexton
Contributing Editor
Oregon Small Businesses: Five Fast Facts
- Oregon has 397,422 small businesses which employ over 900,000 people in the state.
- Small businesses contributed 80.3% of all new jobs, which was an increase of 55,304 jobs.
- Oregon businesses with revenues of $1 million or less received $1.2 billion in loans during 2021.
- Total reported new lending to businesses through loans of $1 million or less was $4 billion.
- Small business exports in the state reached $5.5 billion in 2021.
Source:
SBA Office of Advocacy 2023 Oregon Small Business Profile