Access the Top SBA Lending for Idaho Small Business
Idaho State boasts landscapes and a strong entrepreneurial culture creating a setting for small business achievement. Whether in the city of Boise or the picturesque mountain towns entrepreneurs have chances for growth and prosperity. With access to premier SBA lending programs small businesses in Idaho can obtain aid to fuel their development and innovation.
Idaho
The Gem State
188,603 small businesses
359,592 small business employees
Source: US SBA Office of Advocacy - 2023 Report
Up to $500K Available
8.5% as of 2/2024 | 2 weeks to fund
If you are a small business owner considering an SBA loan, we suggest doing one of two things:

See if you qualify by taking 3 minutes to fill out the Application here.

This is the fastest way to get answers about an SBA loan. It will provide us with everything needed to get an approval.
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Business Dynamic of Idaho
Between March 2021 and March 2022, 11,977 Idaho establishments opened and 7,047 closed, for a net increase of 4,930. Employment expanded at 16,916 establishments and contracted at 12,234. Small businesses accounted for 11,426 openings and for 6,765 closings.
Establishments in Idaho
Employment in Idaho
Between March 2021 and March 2022, 11,977 Idaho establishments opened and 7,047 closed, for a net increase of 4,930. Employment expanded at 16,916 establishments and contracted at 12,234. Small businesses accounted for 11,426 openings and for 6,765 closings.
Source: Business Employment Dynamics (BLS)
Small Business Loans in Idaho
The Community Reinvestment Act requires large banks to report new small business loans. In 2021, reporting banks issued $713.2 million in loans to Idaho businesses with revenues of $1 million or less. Total reported new lending to businesses through loans of $100,000 or less was $605.9 million. Total reported new lending to businesses through loans of $1 million or less was $2.0 billion
New lending to businesses with revenues under $1 million
Source: CRA Aggregate Data (FFIEC)
Industries and Employment of Idaho's Small Businesses
Source: Business Employment Dynamics (BLS)
Business Ownership Share by Demographic in Idaho
Business Count by Demographic in Idaho
Total Idaho Employement by Business Size
Small Business Employment and Payroll by Industry in Idaho
Source: Business Employment Dynamics (BLS)