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Likely, but possible to keep them only on your business credit. We recommend prioritizing to get the capital you need (your business?), before considering expansion, buying a house, car, etc. You want to keep your credit free for what you need the most, right now.
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I thought you dont have to pay it back
The SBA Disaster Loan (Called SBA 7b) You DO have to pay back. The new Paycheck Protection Loans (called SBA 7a), if done correctly, are forgivable.
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Do these sba loans appear on our credit when we have them? Will they show up if I try to pull another loan as a liability?
Likely, but possible to keep them only on your business credit. We recommend prioritizing to get the capital you need (your business?), before considering expansion, buying a house, car, etc. You want to keep your credit free for what you need the most, right now.
There are faster ways to get cash now with 0% interest for 12 months through Credit Capital Consulting. See the video "Credit Capital Consulting interview NHRA Terry McMillen" on TH-cam
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