The individual LLCs invest in 123LLC, not people. Unless you have recorded loan docs that each LLC is loaning money to 123, then each LLC is invested in 123LLC as equity partners.
If they are loans, then you pay interest as an expense of 123LLC. If they are not loans you pay guaranteed payments that are recorded on K-1 in addition to pass through profit.
If loans they ate set up as sshort or long term liabilities of 123LLC, not as accounts receivable unless tgey promised money but did not yet give you any. Receivables are money earned but not collected, certainly not the case here whether a loan or equity.
1. my take is the individual LLC is equity invested and you record money in as member contribution. But if 123LLC has only one owner then each loan is recorded as such and interest paid.
2. interest is an interest expense of 123LLC, not 123Associates. And in this scenario the individual investors get absolutely no profit share.