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28
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11
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Josh Huber
  • Rental Property Investor
  • Coldwater, OH
11
Votes |
28
Posts

SSN for a Loan through an LLC?

Josh Huber
  • Rental Property Investor
  • Coldwater, OH
Posted
Hello everyone, I’m working on getting a commercial loan from a local bank for my LLC, but they require my SSN. Is this common? I thought the point of ownIng a buso ess entIty was to keep everything separate between your personal and business account? Thanks! Josh

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User Stats

587
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435
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Eric Veronica
  • Lender
  • Cleveland, OH
435
Votes |
587
Posts
Eric Veronica
  • Lender
  • Cleveland, OH
Replied

@josh Huber most commercial loans do not show up on your personal credit report however I have seen certain lenders do this. Good question for the lender. 

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