Idaho State small business data

Idaho small business statistics

Idaho logged 33,267 business applications in 2025, up 6.8% from 2024 and 53.9% from the pre-pandemic 2019 baseline. Professional services added the most private-sector establishments since 2019. Health care and social assistance added the most private-sector jobs.

Alex Morgan
Alex Morgan
Updated July 1, 2026 · Source periods vary by dataset
2025 ID business applications33,267+6.8% vs. 2024
Jan-May 2026 applications17,051+12.7% vs. Jan-May 2025
2024 private establishments99,957+64.8% vs. 2019
2024 private-sector jobs734,589+16.3% vs. 2019
FY2025 SBA approvals$363.0M902 loans
2023 unincorporated receipts$32.4B174,456 returns/forms

Business applications, employment, lending, tax, bankruptcy, and contracting records cover different parts of Idaho's business economy.

At a glance

1

Idaho logged 33,267 business applications in 2025, up 6.8% from 2024 and 53.9% from the pre-pandemic 2019 baseline.

2

Through May 2026, total applications were up 12.7% from the same months in 2025; high-propensity applications were up 1.1%.

3

Ada filed 10,169 applications in 2025, the largest county total in Idaho. Kootenai led the high-volume counties after adjusting for population.

4

Professional services added the most private-sector establishments since 2019. Health care and social assistance added the most private-sector jobs.

5

SBA 7(a) and 504 approvals to Idaho businesses reached $363.0M in FY2025 across 902 loans, led by construction, health care and social assistance, retail trade, accommodation and food services, and manufacturing.

6

Business bankruptcy cases tied to Idaho counties rose from 95 to 101 in the 12-month period ending March 31, 2026.

New business formation

Idaho business applications reached 33,267 in 2025, up 6.8% from 2024. Through May 2026, applications were 12.7% higher than in the same months of 2025.

Business applications by year
Applications filed in Idaho

Why compare with 2019

2019 is the last full year before the pandemic. The shutdown period and the business churn that followed changed EIN filing patterns. High-propensity applications totaled 5,047 through May 2026, up 1.1% from Jan-May 2025. Projected business formations within eight quarters rose 1.4% over the same period.

Census BFS counts applications for employer identification numbers. Applications are early filings; confirmed operating-business counts arrive later.

Where applications are concentrated

Ada is the largest application market by raw volume. Among the high-volume counties shown below, Kootenai stands out most after adjusting for population.

Applications adjusted for population
Applications per 10,000 residents

Applications relative to population

Each rate divides 2025 Census BFS applications by the county’s Census Vintage 2025 resident population estimate. Ada still has the most total filings, while Kootenai has the highest application volume relative to resident population among these high-volume counties.

Census BFS counts EIN applications. The denominator is 2025 resident population, which adjusts the filing count for scale. Startup conversion requires a business-based denominator.

County2025 applicationsChange vs 2024Change vs 2019
Ada10,169+8.4%+35.5%
Kootenai4,441+14.0%+84.7%
Canyon4,263+4.4%+74.0%
Bonneville2,266+5.5%+61.1%
Twin Falls1,390+7.6%+56.0%
Bannock1,159+1.2%+59.4%

Jobs, establishments, and wages

In 2024, Idaho had 99,957 private-sector establishments and 734,589 private-sector jobs. The establishment count was 64.8% higher than in 2019, and employment was 16.3% higher.

Establishment growth by industry
Net change, 2019-2024

Professional services led establishment growth.

Professional services added 8,146 establishments from 2019 to 2024. Health care and social assistance added 21,200 jobs over the same period.

BLS QCEW counts employer establishments and jobs, along with wages, payroll, and local industry structure.

Industry2024 establishmentsChange vs 20192024 jobsChange vs 2019
Professional services15,557+8,146 (+109.9%)52,122+12,000 (+29.9%)
Construction13,678+5,503 (+67.3%)68,668+17,984 (+35.5%)
Health care and social assistance11,960+4,627 (+63.1%)118,844+21,200 (+21.7%)
Administrative services6,567+2,996 (+83.9%)47,152+126 (+0.3%)
Other services5,965+2,120 (+55.1%)22,131+2,717 (+14.0%)
Wholesale trade5,572+1,950 (+53.8%)35,641+5,074 (+16.6%)
Finance and insurance5,549+2,145 (+63.0%)27,960+3,251 (+13.2%)
Accommodation and food services5,440+1,421 (+35.4%)77,676+7,813 (+11.2%)
Real estate and rental4,307+1,852 (+75.4%)10,561+1,997 (+23.3%)
Information3,096+1,865 (+151.5%)0-8,802 (-100.0%)

SBA lending

SBA 7(a) and 504 approvals to Idaho businesses totaled $363.0M in FY2025 across 902 loans. The SBA files report 7,005 jobs supported for those approvals.

SBA approvals by sector
FY2025 approved loan dollars

Construction drew the most SBA capital.

Construction drew $52.5M in FY2025 SBA approvals. Health care and social assistance, retail trade, accommodation and food services, and manufacturing received the next-largest approval totals.

SBA fiscal year 2025 ran from Oct. 1, 2024, through Sept. 30, 2025. The published files were current as of April 28, 2026.

SectorFY2025 loansFY2025 approvalsSBA jobs supported
Construction170$52.5M1,058
Health care and social assistance100$52.0M1,058
Retail trade101$46.5M562
Accommodation and food services80$41.4M1,510
Manufacturing60$31.3M449
Professional services72$28.8M494
Other services87$28.4M466
Administrative services59$24.7M403
Arts and entertainment25$15.3M235
Wholesale trade30$11.9M143
CountyFY2025 loansFY2025 approvalsSBA jobs supported
Ada301$141.1M3,239
Kootenai81$44.4M498
Canyon87$36.3M507
Bonneville85$25.1M745
Blaine18$17.8M142
Madison22$12.7M260
Bannock38$12.1M246
Twin Falls26$8.3M215
Bingham28$6.4M88
Jerome5$6.1M50

The unincorporated business economy

IRS SOI data show 174,456 Idaho Schedules C and partnership returns/forms in Tax Year 2023. Those businesses reported $32.4B in gross receipts and $2.9B in the combined income/profit measure.

Sole proprietors account for most returns.

Idaho had 145,641 nonfarm sole-proprietor Schedules C in Tax Year 2023, with $8.8B in gross receipts and $1.6B in net profit.

Partnerships reported more gross receipts.

Idaho partnerships filed 28,815 Forms 1065 in Tax Year 2023 and reported $23.7B in gross receipts.

CountyReturns/formsGross receiptsCombined income/profit metric
Ada50,759$10.3B$1.0B
Canyon19,416$2.6B$267.2M
Kootenai18,033$3.1B$251.1M
Bonneville12,145$4.0B$127.3M
Twin Falls7,695$1.1B$151.3M
Bannock6,663$762.2M$78.2M
Bonner5,733$577.0M$69.9M
Blaine4,530$974.1M$168.7M
Madison4,029$715.1M$34.9M
Bingham3,865$966.1M$114.5M

Business stress signals

Business bankruptcy cases tied to Idaho counties rose from 95 to 101 in the 12 months ending March 31, 2026. Chapter 11 accounted for 15 cases.

Business bankruptcy cases by county
12 months ending March 31, 2026

Why county totals can jump

Ada had the largest business-bankruptcy count in the latest F-5A table. Related business cases filed in the same venue can create a sudden change in one county’s total.

Definition: U.S. Courts classifies debt as business when the debtor is a corporation or partnership, or when business-related debt predominates.

CountyBusiness cases, 12 months ending Mar. 31, 2026Change vs prior 12 monthsChapter 11 casesAll bankruptcy cases
Ada27-11631
Kootenai17+82307
Canyon14+01404
Bonneville7+43239
Latah5+5122
Bannock3+11140
Twin Falls3-10170
Jefferson3+2044
Bonner2+0150
Teton2+204

National credit backdrop

The 2026 Fed Small Business Credit Survey appendix reported that 94% of U.S. employer firms faced a financial challenge in 2025, 38% applied for financing, and 52% of applicants were fully approved.

Federal contract demand

USAspending reports $3.0B in FY2025 federal procurement obligations to recipients located in Idaho. USAspending assigns these obligations to the recipient’s state and includes award type codes A, B, C, and D.

NAICSFederal procurement categoryFY2025 obligations
541990All Other Professional, Scientific, and Technical Services$1.9B
236220Commercial and Institutional Building Construction$195.8M
562910Remediation Services$104.9M
237110Water and Sewer Line and Related Structures Construction$64.7M
561990All Other Support Services$63.5M
115310Support Activities for Forestry$60.0M
561210Facilities Support Services$54.2M
541715Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)$47.3M
237990Other Heavy and Civil Engineering Construction$44.4M
481212Nonscheduled Chartered Freight Air Transportation$37.4M

How the numbers fit together

Idaho's business applications rose 6.8% in 2025. The employer base has expanded since 2019, with establishments up 64.8% and employment up 16.3%.

Sources and definitions

Each dataset updates on its own schedule. Annual figures use the latest complete year, and partial-year comparisons are labeled beside the relevant number.

Alex Morgan
By Alex Morgan
Data editor, SMB Statistics

Alex Morgan turns Census, BLS, SBA, IRS, court, Federal Reserve, and USAspending records into state-by-state business comparisons.