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Common documents to include with a business loan request are your business plan, financial statements, tax returns, personal financial information and collateral details. An LLC can get a business ...
Website. michigan.gov/lara. The Michigan Department of Licensing and Regulatory Affairs(LARA), originally the Department of Commerceamong other names, is a principal departmentin the Michigan executive branchthat oversees employment, professional licensing, construction, and commerce. History.
Corporate law. A low-profit limited liability company ( L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules ...
A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [ 1 ] An LLC is not a corporation under the laws of every state; it is a legal form of a ...
Several different types of LLC loans fall under this umbrella. Specifically, SBA loans are available in four forms: 7 (a) loans: Access up to $5 million in working capital through an unsecured or ...
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