LoadingWrapper.js

import React from "react";

const LoadingWrapper = (props) => {
  const {as, loading, ...otherProps} = props;
  const el = React.useRef();
  React.useEffect(() => {
    el.current && el.current.setAttribute("loading", loading);
  }, [loading]);
  
  const Component = as;
  return <Component ref={el} {...otherProps} />
}

...
<LoadingWrapper as={"div"} loading={...} />