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Small Business Administration Loan
A type of loan offered by the Small Business Administration (SBA) to help small businesses get started or expand with less stringent qualifying criteria than conventional loans.
Bank Loan
A sum of money lent by a bank to an individual or organization under the agreement that it will be repaid with interest.
Sole Proprietorship
A business structure in which a single individual both owns and operates the business, bearing full responsibility for its debts and obligations.
Automatic Dissolve
A process by which a company or partnership ends its existence without formal action or legal proceedings due to predetermined conditions being met.
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