The EIDL loan (which you will pay back), will not be reported in Box 16a because it is not income. It is, rather a company liability which increases your basis in the company. Interest payments on the loan will be business expenses, whereas payments towards the principal will reduce the liability and your corresponding basis.
The PPP loan should also be reported as a company liability until the year it is forgiven. Then it becomes nontaxable income as @ThomasM125 mentions above.
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