Limited Liability Entities (company/partnership)

An LLE provides business owners with the favorable liability protection of corporations with the informality and tax advantages available to partnerships. It is a pass-through entity, like a partnership where the taxable income or loss is reported on the tax returns of the owners.

Updated on
September 9, 2022
Published on
June 20, 2018
The 7(a) Loan Program, SBA’s most common loan program, includes assistance for each business with unique needs.
SBA 504 loans are very popular for long-term, fixed rate financing of up to $5 million for major fixed assets.
The average Microloan is about $13,000. The Microloans program provides loans up to $50,000 to small businesses.
SBA Glossary

Common SBA Terms

Everything you need to know about common terms used to discuss SBA Loans.
Defense Contractor
Any person who enters into...
Liabilities
A financial obligation...
Acquisition
The acquiring of supplies or...
Duplicated Interest
The amount of interest exp...
Days Payable
A measure of the average time a...
Trend Analysis
A comparative analysis of...
Corporation (C-corp.)
The most common form of business org...
Subsidiary
A company for which a majority of the...
Certificate of Competency
A certificate issued by the Small Bus...
Amortization
A non-cash operating expense that...
Subcontract
A contract between a prime cont...
Small Business
A business smaller than...
Break-even Analysis
A calculation of the approximate sales...
Sole Proprietor
an individual who...
Joint Venture
In the SBA Mentor-Protégé Program...

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