By state

Business Loans by State

All 50 states and Washington, DC, ranked below by how many small businesses they hold and how much of the private workforce those businesses employ — figures from the SBA's 2025 state profiles. Your state decides which lenders can write your deal; the pricing follows your revenue, not your address.

One application, every lender we work with

Find out what you qualify for.

Eleven questions, about two minutes. The lenders who fund your industry and your state see it; you compare their offers and take one, or none.

Submit an application

Won't affect your credit
Free, no obligation
Up to $500K

Small business in every state, SBA 2025

Where America’s small businesses are.

Ranked by the number of small businesses in each state. The share column is the percentage of that state’s private-sector workers employed by one — a rough measure of how much of the local economy runs on exactly the businesses a bank’s commercial desk is not built to write.

#	State	Small businesses	Share of private workforce	Net new jobs
1	California	4,340,784	47.4%	86,885
2	Texas	3,517,343	44.4%	148,641
3	Florida	3,485,976	39.6%	139,887
4	New York	2,378,996	46.6%	54,510
5	Georgia	1,374,972	42.5%	45,950
6	Illinois	1,353,957	43.7%	14,131
7	Pennsylvania	1,169,008	45.2%	46,429
8	North Carolina	1,107,537	44.2%	52,820
9	Ohio	1,081,292	43.8%	31,354
10	New Jersey	1,051,630	48.8%	38,432
11	Michigan	983,079	47.7%	27,947
12	Virginia	880,366	45.9%	34,814
13	Massachusetts	756,096	44.7%	4,824
14	Tennessee	741,196	41.5%	40,433
15	Colorado	730,887	48.6%	6,384
16	Arizona	706,640	42.6%	80,016
17	Maryland	696,710	47.9%	16,613
18	Washington	695,695	48.7%	27,671
19	Indiana	591,671	43.2%	23,008
20	Missouri	590,131	44.4%	19,137
21	Minnesota	560,428	45.8%	617
22	South Carolina	530,402	42.9%	25,358
23	Louisiana	511,235	54.1%	5,470
24	Wisconsin	497,370	48%	15,910
25	Alabama	465,610	46%	4,814
26	Oregon	417,747	53.4%	-548
27	Oklahoma	395,520	50.8%	16,295
28	Kentucky	393,860	42.6%	22,043
29	Connecticut	381,129	48.1%	10,840
30	Utah	371,569	45.4%	21,320
31	Nevada	353,621	45%	23,302
32	Mississippi	294,768	47%	5,426
33	Arkansas	292,728	46.1%	14,245
34	Iowa	289,962	46%	12,573
35	Kansas	273,419	48.9%	10,601
36	Idaho	207,670	56%	17,233
37	Nebraska	193,495	47.5%	12,739
38	New Mexico	172,113	53.3%	4,651
39	Maine	160,215	54.5%	7,026
40	New Hampshire	145,314	50.3%	6,023
41	Hawaii	144,375	49.6%	129
42	Montana	141,011	66.3%	3,827
43	West Virginia	118,045	47.4%	5,885
44	Rhode Island	116,149	51.1%	4,102
45	Delaware	111,346	50.6%	5,323
46	South Dakota	96,770	58%	6,662
47	Washington, DC	82,666	49.1%	2,678
48	Vermont	81,949	62.1%	1,533
49	Wyoming	81,924	65.2%	1,494
50	North Dakota	78,219	57.6%	6,358
51	Alaska	77,814	54.2%	4,814

Source: SBA Office of Advocacy — 2025 Small Business Profiles, parsed from the published state statistics dataset. Federal figures, not ours, and not a claim about approval rates anywhere.

One application, every lender we work with

Find out what you qualify for before you need it.

Eleven questions, about two minutes. You see offers side by side and take one, or none.

Won't affect your credit
Free, no obligation
Decisions usually inside 24 hours
Up to $500K

Submit an application

Business Loans by State

Find out what you qualify for.

Where America’s small businesses are.

Find your state.

Find out what you qualify for before you need it.