W-9 Exemption Codes Question -- LLC Taxed as S-Corp

[lostsoul18]

Hi all,

Question on a W-9 for an LLC that has declared as an S-Corp. Does the Exempt Payee Code "5 -- Corporation" apply to LLCs that declare as S-corps?

Screenshot here---> https://i.redd.it/ll6kcas31ie61.jpg

It's not very clear... any thoughts appreciated. Thanks in advance.