Section 1738.51 - Eligible entities(a) To be eligible for funding, an Applicant may be either a nonprofit or for-profit organization, and must take one of the following forms: (2) Limited liability company (LLC);(3) Cooperative or mutual organization;(4) Indian tribe or tribal organization as defined in 25 U.S.C. 5304 ; or(5) State or local government, including any agency, subdivision, or instrumentality thereof.(b) For loan guarantees, the underlying loan must be issued to an entity that meets the requirements in this part.