Background: Loaded (also known as Duff McKagan's Loaded) is an American rock band from Seattle, Washington, formed in 1999. Since 2001, the band's line-up has included vocalist and rhythm guitarist Duff McKagan (Velvet Revolver and Guns N' Roses), lead guitarist Mike Squires (formerly of Nevada Bachelors and Alien Crime Syndicate) and bassist Jeff Rouse (formerly of Alien Crime Syndicate, Sirens Sister, and Vendetta Red). Since 2009, Isaac Carpenter (formerly of Loudermilk, Gosling, and The Exies) has been the band's drummer, replacing Geoff Reading (formerly of New American Shame and Green Apple Quick Step). McKagan first formed Loaded to be his touring band in support of his unreleased solo album Beautiful Disease.
Context: Duff McKagan was previously a member of Guns N' Roses from the mid-1980s to late 1990s. Guns N' Roses achieved international success, going on to sell over 100 million albums worldwide, but the strain between singer Axl Rose and the rest of the band led to a number of members leaving or being fired, with McKagan departing in 1997.  McKagan moved back to Seattle, reforming previous group 10 Minute Warning, releasing one self-titled album on Sub Pop in 1998, before recording his second solo album Beautiful Disease the same year. Featuring collaborations with former Faith No More drummer Mike Bordin, former Black Flag singer Dez Cadena and his former Guns N' Roses band mates Slash and Izzy Stradlin, Beautiful Disease was scheduled to be released through Geffen in 1999. McKagan formed Loaded, initially as The Gentlemen, to be his band for the tour supporting the album. With McKagan performing lead vocals and bass duties, Loaded's line-up consisted of guitarists Dez Cadena and Michael Barragan as well as drummer Taz Bentley.  McKagan began promoting the album; however, following the merger between Geffen and Interscope Records, he was dropped from the label and lost all commercial rights to release the record with only a few promo copies being leaked. Loaded continued to tour and released a live album, Episode 1999: Live, independently, which was recorded and mixed by Nick Raskulinecz. They re-recorded half of Beautiful Disease and received offers from four labels. However, they disbanded before the end of the year, with McKagan and Bentley becoming part of Izzy Stradlin's rhythm section for his tour of Japan supporting Ride On.
Question: What happened when he formed Loaded ?. Whats the answer?