Personal Loan Repayment - Implications

[Travis Buchanan]

I am finishing up the rehab on a property, and in order to do this, I took a signature loan to acquire the last bit of capital needed.

I transferred the full amount of the loan into my business checking, and setup auto-draft from my business checking.  Though this has been successfully debited in the past, my bank has just informed me that they can no longer debit the business account, as the loan was done in my personal name.

Seeking guidance for options here, as well as tax/accounting implications.  I am thinking about a couple options:

A) Setting up the auto-draft from my personal account, and paying "me" back each month with a recurring transfer from the business account, just before the payment is due.

B) Opening a personal checking account at the bank where I secured the loan, and transferring the money from the business account to the new checking account.

C) Open for suggestions.

Is there a recommended way to do this, without causing too much complication for tax filing and accounting at EOY?

Thanks in advance!