Advantage Group Investment, Inc. v. Pacific Southwest Bank, F.S.B.

OPINION

RODRIGUEZ, Justice.

Appellants, Advantage Group Investment, Inc., Ken Dahlberg, Patricia Constant, Joseph Wendt, Edward Whitney, and Michael Bridges (collectively referred to as “AGI”), appeal the trial court’s granting of summary judgment in favor of Pacific Southwest Bank (“PSB”). We affirm.

On July 31, 1985, AGI borrowed $1,600,000 from Charter Savings and Loan Association (“Charter”) pursuant to a promissory note secured by a deed of trust. It was further secured by personal guarantees executed by individual appellants — Whitney, Dahlberg, Bridges, Wendt, and Constant, who were…