A loan is not deductible when it is lent, and is not taxable when it is paid back. It is also not taxable when received, and not deductible when paid back.
When you lent money to your business, your business deducted the expenses it spent the money on. You can't deduct the loan, so you don't have to report the repayment.
Your business cannot deduct the repayment of a loan, to you, or to anyone else.
It can only deduct the business expenses it spent the money on.
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