 Changing contact name in business Paypal to real name
When I first started selling on Ebay 3 years ago I used a family members info for Paypal (bc my own got limited 10 years back for reasons I can't remember now, I was just 16 so it was probably over something stupid and not serious).
Now my business grew and I primarily use this Paypal account for private sales (just invoicing customers / clients direct not from Ebay sales) and upgraded it to a business account. My business is growing and I'm planning on maybe even opening a retail store. I recently changed my contact info on this business account to my own real info (provided SSN, Copy of ID, etc) bc I don't want my family member to be bothered for tax ramifications or any other issues (in case my business continues to expand who knows what issues there may be later). I believe the family members DL was uploaded initially 3 years ago when the account was briefly limited (and unlimited after).
My question is that since the contact/owner name on the Paypal business account has changed to mine, will this family member be able to open/keep their own Paypal account without any issues or will they continue to be linked to my business in any way (my Paypal account is in good standing, not limited in any way)? FYI my business Paypal account is linked to my business EIN (and my business docs only have my name, no other officers or owners etc), Paypal now has my real info etc, the only link to them is that they WERE the name I used when I first opened the account but they are no longer on my business account anymore.
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