Will I be personally liable for my LLC loan?
The SBA will almost certainly require you to personally guarantee the loan and not an entity.
Atlanta, GA
Business Lawyer at Atlanta, GA
Practice Areas: Business, Corporate & Incorporation ... +3 more
The SBA will almost certainly require you to personally guarantee the loan and not an entity.
That is frankly a very bad idea. You may form what is often called an "anonymous LLC" where none of your personal information is publicly listed...
As Mr. Battleson stated, you may use a trade name that is different than your legal company name. You would just need to register the trade name...
You should go ahead and form the LLC in Georgia since this is where you are currently residing. You can convert the LLC to a New York LLC when you...
The conversion chart from the Georgia Secretary of State may be found here: ...
An LLC. It is cheap and easy and provides some liability protection and tax benefits.
Yes, you would need someone or some entity to act as your registered agent and organizer to keep your name off of the LLC filing in Georgia.
Depending in when it was administratively dissolved you may not have the choice to reinstate it. You have 5 years from the date of...
A new LLC would need a new EIN. .
Most likely an LLC would make the most sense.