Quote:
Originally Posted by lendaddy
The US tax payer for the SBA backed portion and you for the balance.
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thank you Joel. Are you 100% on that? if true, I think we're OK. I have wealthy friends who have been closely following the company, as well as G9Girl, and offered to co-sign an SBA-backed loan as long as it's the unbacked portion that we're on the hook for. Our loan amount isn't huge, so an unbacked portion is manageable if the worst happens.