re: Small business advice request: PPP repayment refinance help

At the time we had no work at all. If I had used it all for forgivable expenses, I’d have had no way to service the debt and would have had to liquidate or surrender my equipment and vehicles and my credit would have been in the crapper. Instead I made payments on the loans and kept everything intact. Not like I took 160k in additional debt here, I just paid down other existing liabilities with it. Remember payments on loans was not forgivable..

Those were dark times for my industry and cash in the bank was looking like the smart play at the time. Perfectly happy with the decision , just want to refinance. I can absolutely go with a conventional loan in order to do that but was specifically looking for a lender that refinanced these because they are still guaranteed by the SBA and it should be an easy deal.