It is never a good idea to start up a business with a loan because the chance of the business making enough profits to pay off the loan at the agreed time is slim.
It's good that you have been able to take records of your financial mistakes for 2023, this will help you to plan better for the new year. Good luck.
Loan sucks, looking forward for better opportunity for 2024. I fall in 2023 but am back on my feet ready to run again.