Square loans do they need to be reported to the irs when filing?

[Critter-3]

Loans you take out (for any reason)  are never reported on an INCOME tax return since they are not income. 

[Carl]

Money you borrow is not reported on a tax return. However, depending on the loan and purpose for that loan, the interest may be deductible.  For example, if it's a loan for business needs (note "needs", not "wants") then the interest paid by the business you own may be deductible as a business expense.