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