Loan A made in March for $100,000 reported as loan type 1 on SBR.

Loan B made to same entity in Sept $150,000 proceeds used to pay off loan A from March, extra $50K used for working capital.

Do we report Loan A amt $100k AND Loan B amt $150K or should loan B amount be reported as $50K?

Help would be appreciated as 3/1 is just around the corner!

Thanks.

You can report Loan A for 100 and 50K from loan b, or Loan B for 150K.