I am using quickbooks online, I have received a business loan and do not want it to show as income is this possible?

Great to have you here in the Community, @sam20. 

You can record your business loan as a long-term liability. But I'd still suggest consulting your accountant to ensure the accuracy of your books. Nevertheless, let me help you how to record a long-term liability in QuickBooks Online.

If the loan will be paid within the current fiscal year, you'll need to use the Other Current Liability account. If it will be paid after a year, you can use a Long Term Liability account. 

First, here's how to set up the business loan: 

1. Go to the Gear icon at the upper right. 
2. Select Chart of Accounts under Your Company.
3. Click New.
4. Depending on the type of your loan, select either Other Current Liabilities or Long Term Liabilities as the Account Type. 
5. Choose the Detail Type to Loan Payable.
6. Enter the account's name.
7. Click Save and close.

Then, you can enter the opening balance for a loan. Here's how: 

1. Go to the Plus (+) icon at the upper right. 
2. Choose Bank Deposit under Other. 
3. Select the bank account where the loan funds will be deposited. 
4. Enter the deposit date.
5. Select the loan payable account under the Account column and the amount.
6. Click Save and close. 

In case you want to record a loan payment, you can perform the steps below: 

1. Go to the Plus (+) icon at the upper right. 
2. Choose Cheque under Vendors.
3. Select the payee, bank account, and the payment date.  
4. If you send an actual check, enter a cheque number if. If you use direct withdrawal of EFT, enter Debit or EF in the Cheque no. field.
5. Enter the necessary information on the lines under the Account/Category details section. 
6. Click Save and close.

For more information about this, here's a great article you can refer to: Record A Loan and Its Payment. 

This will get you in the right direction, @sam20. I'll be here if you need further help. Have a good day.