Commercial Loan Interest Not Reportable?

[Brandi K.]

I have a 7 unit property which we have a held in LLC and mortgage is also in LLC. In getting ready to get our taxes done I reached out to the bank about not receiving anything for what was paid in interest. They told me it was un reportable and would not provide anything other than a statements showing what was paid each month for principle and interest. I'm confused about this. Does this sound right to anyone with experience with commercial mortgages?

Thanks!