Thanks for getting back here, @Aaronc5150.

Let me go over and discuss further details about your concern.

In QuickBooks Online (QBO), here's an article that provides you with the general way how you can record loans: Set up a loan in QuickBooks Online. It includes steps on how you can set up a liability account and instructions on how you can record the payment. 

Also, to answer specific questions about recording the loan amount and how you can account for the interest, I highly recommend reaching out to an accounting professional. Your accountant can give you further accounting advice to make sure that you'll set up the loan correctly. In case you're not affiliated with one, you can use our Find an Accountant tool to look for ProAdvisors near you. 

Just in case you need handy guides in performing your QBO tasks, here's a compilation of how-to videos that you can open. 

I'm just around the corner if you have any other QuickBooks concerns. I'm always willing to lend you a hand so you can achieve your goals. Thanks for dropping by and have a good one.