Wyoming Small Businesses: Five Fast Facts

June 4, 2024

Delaney Sexton
Contributing Editor

Wyoming Small Businesses: Five Fast Facts

  • The state has 73,330 small businesses, and just over 3,000 opened from March 2021 to March 2022.
  • Small businesses account for 64.6% of the state’s employment.
  • In 2021, banks made $227.4 million in loans to Wyoming businesses with revenues of $1 million or less.
  • Total reported new lending to businesses through loans of $1 million or less was $565.5 million.
  • Exports by Wyoming small businesses reached $871 million in 2021.

Source:
SBA Office of Advocacy 2023 Wyoming Small Business Profile