It depends on whether you sign a Personal Guarantee (PG) as part of your application. You are NOT required to sign a Personal Guarantee unless the Underwriting Team determines thats what they need to process your application.
If you sign the Personal Guarantee, U.S. Bank will run a personal credit check as part of underwriting.
If you do not sign the Personal Guarantee, underwriting is based solely on your business financials, and no personal credit pull is required.
In some cases, U.S. Bank's underwriting team may determine that your business financials alone do not meet the credit requirements. If that happens, a Personal Guarantee may be required in order to move forward with your application.