Washington Small Businesses: Five Fast Facts

May 29, 2024

Delaney Sexton
Contributing Editor

Washington Small Businesses: Five Fast Facts

Between March 2021 and March 2022, almost 30,000 small businesses opened.
In 2021, banks issued $2.2 billion in loans to Washington businesses with revenues of $1 million or less.
New lending to businesses through loans of $1 million or less was $7.4 billion.
Real Estate and Rental and Leasing is one of the top three industries in Washington, differing from the top industries in other states.
Washington small businesses exported $15.4 billion in 2021.