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.
Fair and Reasonable Price
A price that is fair to both parties...
Partnering
A mutually beneficial business-to-bus...
Contracting Officer
A person with the authority to...
Contractor Team Arrangement
An arrangement in which...
Limited Partnership
A business organization with one or...
Limited Liability Entities (company/partnership)
An LLE provides business owners with...
Prime Contract
A contract awarded directly...
Negotiation
Contracting through the use of...
S-Corporation
A form of corporation, allowed by...
Emerging Small Business
A small business concern whose...
SAE (Stand Alone Economic Injury Disaster Loan)
provide necessary working capital to...
Current Liabilities
A balance sheet item, which...
Joint Venture
In the SBA Mentor-Protégé Program...
Extraordinary Items
Additional expenses that are...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...

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