[hubbahubba]

Originally Posted by dreamingat30fps

I understand but also being a 1 person scorp who knows if they could claim my house is technically a business asset since I work here etc. Would be nice to have the cheap loan in case, but for me personally, rather keep the government out of my life as much as possible.



Honestly I don't remember all the exact details. I did some research online when they offered me the loan and saw lots of stuff from attorneys going over the terms and I just didn't like that much government involvement in my business. I remember if you sold any assets you had to let them know, you had to let them know if you got any other loans etc.

Again that's just my opinion for my business. While I have had some clients cancel I'm still ok for now. Only concern is since my business is more of a subscription type service there is a delay between my clients businesses being impacted and them canceling. If it was life or death you best believe I would take the money regardless of any terms.

Fair enough. Thank you.