Delaware's size and population are smaller compared to states like New York, but it still maintains a thriving entrepreneurial ecosystem. In Delaware in 2020, reporting banks issued $340.3 million in loans to Delaware businesses with revenues of $1 million or less and the total reported new lending to businesses through loans of $100,000 or less was $428.5 million. In addition, the total reported new lending to businesses through loans of $1 million or less was $1.4 billion.
Small Business Stats: