How I do better 1120S 2020 filing planning for a 2021 final return?

[IntTax2021]

This is an S Corp with 1 shareholder and here are some numbers:

Basis:
2020 Beginning of the tax year = 24,971
2020 ordinary income = 2,485
Combined = 27,456

Cash in Bank = $28,531
Loan from shareholder = 9,458

Sales in $2021 = Just $600 with a $200 profit.

I would like to know what will be the best options specially with the Loan; (repay now a part, all of that or nothing) and also how better I do 2020 distributions for a safe 2021 final return in regarding capital gains, etc.

I appreciate as always your comments.

[Critter-3]

On an S-corp  repaying the "LOAN" from shareholder is immaterial for an income tax return so take out the seed money anytime you like after all it is just your money.  It was never income to the corporation.  Same goes for any other distributions as all the profits were already taxed whether you took the distributions or not.