A loan comes with interest. Let’s say you took out $10k and your business somehow failed this time. Will you still be able to make payments? Can you find a side job and work 20 to 30hrs a week? If you believe in yourself i would say do it, but know everything comes with a risk. You might regret not taking the risk once you get older as well.

They probably want you to clear the first loan first, never hurts to call and ask though.

It’s slow across the country. Most people live paycheck to paycheck and have maxed their credits already. It’ll be a while till things go back to normal, it’s on survival mode now.