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Updated over 6 years ago on . Most recent reply

Josh Huber's profile image
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Josh Huber
  • Rental Property Investor
  • from Coldwater, OH
  • Member since Oct 10, 2017
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Josh Huber's profile image
Josh Huber's profile image
Josh Huber
  • Rental Property Investor
  • from Coldwater, OH
  • Member since Oct 10, 2017
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Josh Huber
  • Rental Property Investor
  • Coldwater, OH
11
Votes |
28
Posts
Private Lending & Conventional Mortgage Advice

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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Eric Veronica's profile image
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Eric Veronica
  • Lender
  • from Cleveland, OH
  • Member since Sep 4, 2011
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Eric Veronica's profile image
Eric Veronica's profile image
Eric Veronica
  • Lender
  • from Cleveland, OH
  • Member since Sep 4, 2011
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Eric Veronica
  • Lender
  • Cleveland, OH
427
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576
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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. 

  • Eric Veronica
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