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.
Liabilities
A financial obligation...
Operating Leases
are deducted on the company’s...
Break-even Analysis
A calculation of the approximate sales...
Emerging Small Business
A small business concern whose...
Coastal Barrier Resource Area (COBRA)
A flood prone area in which...
Cash Flow Test
Part of the CET that determines if...
Economic Injury Disaster Loan (EIDL)
a working capital loan that...
Credit Score Test
Part of the home loan CET show a...
Subsidiary
A company for which a majority of the...
Duplicated Interest
The amount of interest exp...
Partnership
A type of unincorporated business org...
Balance Sheet or Statement of Financial Position
Assets = Liabilities + Equity...
Comparative Analysis
Is designed to point out significant trends that...
S-Corporation
A form of corporation, allowed by...
Small Business Innovative Research (SBIR) Contract
A type of contract designed to...

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