No, the screenshots provided by ThomasM125 are from the personal tax version of TurboTax. However, these entries are for a partnership K-1, not for an S-Corp.
As AliciaP1 has said, your loan costs (exclusive of interest expense) add to your basis in the S-Corp stock and are not deductible or amortized. Instead, the increased basis will reduce any potential gain when you sell your stock.
You can use Form 7203 to track your stock basis. Include the loan costs on Form 7203 Smart Worksheet Line E (Other items that increase stock basis). You may need to create this form in Forms Mode if TurboTax doesn't present the form for you to complete during the K-1 entry interview.
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