Loans were made in the name of the LLC. and guaranteed by the members. 

However these loan balances can not be considered as Outside Basis becasue the LLC filed form 2553 to be txed as a S Corp.

The S Corp has losses but can nto claim them becasue fo basis limitations in an S Corp

We were trying tio revoke the S Corp status in 2023 so we can file a Form 1065 and claim the Outside basis and the loss