PPP : Personal or Secered Loans?

Few months ago, my boss was thinking about apply for loans for company use. She tot of using our company account to apply, but it's doesn't work..coz our company still very fresh..just 2 years plus..so If wanna apply under company, then may need to wait for another 1 - 2 years with pretty of profit in auditor account.

We have no others choice but to select either personal loans or secured loans. Altho there is 3 partnership in my company, but only 1 are willing to offer us the money taken from loans.

I'm still no idea which loan should her go for..coz both are having risk. A secured loan will be required to use property as security against the loan. If anything happen and our company not able to pay the repayment then the risk is losing boss properties.For the personal loans, we can't save money on repaying the loan, the early repayment penalty might cost us more..

Tats y our financial still very tied til now...