If you’re looking for a good place to start your small business, Georgia should be “on your mind,” according to a new study by NerdWallet.
Georgia ranked as the No. 9 most entrepreneurial state, with the No. 1 biggest average SBA loan in 2014-2015 at $523,949 and the No. 5 highest growth in the number of SBA loans from 2012 to 2015 at 60.6 percent.
To determine the most entrepreneurial states, NerdWallet analyzed information from the U.S. Census Bureau’s county business patterns and data on Small Business Administration loans.
The top 10 most entrepreneurial state:
- New York
- Washington, D.C.
Click here for more details about the list.
By: Phil W. Hudson