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.
Comparative Analysis
Is designed to point out significant trends that...
Partnering
A mutually beneficial business-to-bus...
Phase 1
Process used to determine the...
Subsidiary
A company for which a majority of the...
Working Capital (WC)
The amount of current assets that...
Injury Analysis
Measures the effects of...
Contracting
Purchasing, renting, leasing, or...
Substantial Damage
This means uninsured or otherwise uncompensated...
Affiliate
Business concerns are affiliates if one concern...
P&L (Profit and Loss Statement)
also considered as Income Statement or...
Applicant Individual
aka who is requesting an SBA loan...
Contracting Officer
A person with the authority to...
Break-even Analysis
A calculation of the approximate sales...
Business Activity
The business (or loss) activity of...
Adjusted Net Worth
Post disaster fair market value of tangible...

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