@Lil2022 

When the bank pays the vendor directly, follow this process:

1) Set up a bank account called "Clearing Account".

2) Enter bills as you normally do.

3) When the bank pays the vendor, pay the bill in QBO and use the newly-created Clearing Account as the payment account.

4) Then, create a journal entry to move the amount in the Clearing Account to your Loan Payable account: debit Clearing Account, credit Loan Payable.