Perhaps you could use a Y on the tape out taking the signal to the inputs on both tape recorders and take the signal from the tape recorders to different inputs on the pre-amp for each tape recorder (one of the vacant inputs and the one designated for the input on the tape loop to use for monitoring that one tape recorder. The other would be for recording and playback but not monitoring during recording. That would work although you might have a problem if some how you tried to record a signal from the tape out that was emanating from the same tape recorder you were using to record, as if anyone could be that dumb! :-)
FWIW
FWIW