The phrase suggests significant and sometimes frustrating effort is needed to achieve a goal. To secure that loan, we really had to jump through hoops.
Pro Tip 2/3
Metaphorical Usage
It's used metaphorically, meaning the tasks aren't usually physical acts like actual hoop jumping. The internship program made us jump through hoops just to qualify for an interview.
Pro Tip 3/3
Figuratively Speaking
Often used to describe bureaucratic or complicated procedures you have to follow. There were so many hoops to jump through just to get a permit.