Q: business in Florida while living in Connecticut. Defaulted on business loan. Sign guarentee which state laws do I go by
A: It appears that the lender has no connection with Connecticut, nor was the contract made there. If that is the case, Florida law would apply.
A: It is likely the lender may institute a cause of action against you individually (personal guarantee) and has a choice of bringing a suit in either state. If your loan does not provide for a choice of law provision (unlikely, read your loan agreement) then the law of the state where the suit will be filed will apply.
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