Is there a personal guarantee with the PPP? Jack McNeilly June 10, 2020 18:40 Updated No, there is no personal guarantee required for the Paycheck Protection Loan. Related articles What is the Paycheck Protection Program (PPP)? Is collateral required for the PPP loan? Is there anyone Fundera cannot help apply to the PPP? Are there any fees associated with the PPP loan? What is the maximum amount I can qualify for? Comments 0 comments Article is closed for comments.