LRBA Loan Recognition

Hello everyone!! Really need help on this one.
What amount do I use to recognise for LRBA Loan - gross loan or the net loan proceeds?
The amount included in the settlement adjustment is the net proceeds…

E.g. Gross Loan Amount - $132,000
or the Net Loan proceeds - $128,000 (with expenses: estab fee, settlement fee,banck cheque fee, etc…)

Thank you!