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Last claim checked October 1 FEEDRSSJSON

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1 October
5:24 pm

Ninety nine point three percent of the businesses in this state are either s corps or LLCs.

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Bobby Charles, at Maine Governor General Election Debate (NEWS CENTER Maine)

5:24 pm
Why this verdict View evidenceHide evidence
Why we checked itSpecific percentage claim about the composition of Maine businesses that could be verified against state business registration data.
What we foundThe 99.3% figure appears in SBA data but refers to small businesses (under 500 employees) as a share of all Maine businesses — not to S corps or LLCs specifically — and no authoritative source provides a breakdown showing S corps and LLCs together comprise 99.3% of Maine businesses.
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