Deductions & credits

Yes, they are going to pay us back after they sell their house - probably within tow months. This is a bridge loan to help them with current expenses.  It's $20k to them to help them with bills...they sell their house and pay us back.  Is this something we need to report?  Or, can we "gift" them $10k and $10k each... then they gift us back the $20k after they sell their house?