BOISE, Idaho, Nov. 9, 2026 /PRNewswire/ — Despite the headwinds of inflation, tariffs and labor shortages, entrepreneurs in Idaho are leading the nation in small business growth with support from Zions Bank.
According to WalletHub, Idaho was ranked number one for small business growth in 2026, supported by access to U.S. Small Business Administration (SBA) loans that help entrepreneurs start and scale their enterprises.
According to data from the SBA, Zions Bank ranked No. 1 in SBA 7(a) loan approvals in the Boise District for the fiscal year ended Sept. 30, 2026. The bank approved 113 loans totaling more than $20 million in Idaho, underscoring its commitment to fueling small business growth across the Intermountain West.
“Small businesses are the economic growth engine of our local communities,” said Zions Bank President and CEO Nate Callister. “Almost half of all small businesses we support are entrepreneurs starting a business, and we’re proud of the role we play in helping bring their ideas to fruition.”
For the 21st time in 25 years, Zions Bank topped the Boise District rankings with an average loan size of $180,199, demonstrating the bank’s support for mom-and-pop shops, solo entrepreneurs and early-stage ventures critical to both states’ economies.
In 2026, Zions Bank-supported businesses created 328 new jobs and retained 542 positions in Idaho, according to SBA data. The bank’s approved loans accounted for 21% of 7(a) loans in Idaho this fiscal year.
Zions Bank continues to champion inclusive entrepreneurship, with just under 50% of SBA 7(a) loans in Idaho awarded to businesses owned by women, veterans and people of color.
About the SBA 7(a) Loan Program
The 7(a) loan program is the SBA’s primary program for providing financial assistance to small businesses and offers guarantees on loans of up to $5 million on reasonable terms and conditions. These loans are commonly used for acquiring land, purchasing equipment or working capital. Credit approval and SBA approval required; terms and conditions apply.
About Zions Bank
Zions Bank is a division of Zions Bancorporation, N.A. Member FDIC, Equal Housing Lender. The bank operates 25 branches in Idaho and 93 branches in Utah and Wyoming. In addition to offering a wide range of traditional banking services, Zions Bank is also a leader in small business lending. Founded in 1873, Zions Bank has been serving the communities of the Intermountain West for more than 150 years. Additional information is available at www.zionsbank.com.
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SOURCE Zions Bancorporation
