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.
Acquisition
The acquiring of supplies or...
Duplicated Interest
The amount of interest exp...
Comparative Analysis
Is designed to point out significant trends that...
Cash Flow Test
Part of the CET that determines if...
Substantial Damage
This means uninsured or otherwise uncompensated...
GPM%
The measure of every sales dollar left...
Accrual Basis Accounting
recognizes revenues when earned and expenses are...
Guarantor
The legal entity and...
Current Liabilities
A balance sheet item, which...
Trend Analysis
A comparative analysis of...
Corporation (C-corp.)
The most common form of business org...
Days Receivable
A measure of the average time a...
Small Business
A business smaller than...
Business Activity
The business (or loss) activity of...
DBA
ex. Blocker & Sons LLC, doing business as Bob's Burgers

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