@sdavada The cartridge literally does not care how you load it until the load value is quite low and then the cartridge output will decrease.
But when the cartridge is tracking, it generates Radio Frequency Interference (RFI) and many phono sections are unhappy with that. You can cut the RFI entirely by using a loading resistor. On this account its not a critical value but might vary from phono section to phono section.
The load shunts the RFI noise by detuning the RF resonance that causes the problem. Its a bit technical; let me know if you want the full explanation.
If the phono section is immune to the RFI you’ll find the industry stock value of 47KOhms to work fine and loading to have little effect. If the phono section has RFI problems the loading will have quite a lot of effect.
Phono cartridges are a balanced source; if you are looking for a phono section you might take that into account. If running balanced from the cartridge to the phono section, the cable can be really neutral (one of the reasons to go balanced is to eliminate cable colorations). There’s really no way to correct for losses or colorations downstream from the phono, no matter how good your amps or speakers are!