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If the company is now defunct you can't sign the loan on behalf of the company. There is no company to sign the loan for. If the state believes you have revived the company you could face corporate tax liability.
Is this loan in default? If so when did it go into default? Before you make any commitments to a new loan check the Statute of Limitations for your State on debt. It may be that collection on the loan is time barred. If so you may not want to do anything with it. Check this link:
This will raise additional questions if te debt is defaulted and time barred, so please let me know.
Otherwise, If you are trying to have this old loan retired, see if you can negotiate an entirely new personal loan to pat off the old one.
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