I formed a corporation when I took this SBA loan. Doesn’t this shield me personally from any liability that is personal?

I formed a corporation when I took this SBA loan. Doesn’t this shield me personally from any liability that is personal? The part you’re forgetting is you really guarantee the mortgage. Regrettably, the bankers understand this reality too. That’s why in nearly every instance they might need a individual guarantee from the business enterprise owner. …

I formed a corporation when I took this SBA loan. Doesn’t this shield me personally from any liability that is personal? Read More »