HOw do i record a loan, i received 10K as a loan for my business

I took a loan for my business, deposited the $ into my business account. where do i record this in turbo tax ?

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You do not report a business loan on your tax return because it is not considered income and you are required to pay it back.

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You do not report a business loan on your tax return because it is not considered income and you are required to pay it back.

You enter the actual expenses you used it for.

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