“His company has loans from banks. Difference between business loans and personal loans.”
Not really. I own a business, an S Corp. I have to personally guarantee any loan, credit card application, checking account, or any other transaction with a bank.
If he is an officer of the company then he has personal responsibility.
There is a difference between being responsible as a Company Officer and being personally liable for the loan.
Trump is not personally liable for the loan, his company is liable for the loan.