@april4mar - yes, there are tax implications.
here is one article on the topic
https://www.greensfelder.com/trusts-and-estates-blog/irs-publishes-afrs-for-may-2022#:~:text=The%20I....
here are the current IRS rates. Generally, the interest rate on the loan has to be in the 5% range to avoid tax issues.
https://www.irs.gov/pub/irs-drop/rr-22-22.pdf
See a lawyer.
