I have a new Holland l781, last week when running it I noticed some loud whining/squealing noises when tipping the bucket. I did not notice anything when running the boom/lift but I didn't run it for more than a few minutes. I assumed I was low on hydraulics so I shut it down for the day. Fast forward to this week. I filled it back up with hydraulics (it was low but still on the stick) then checked the strainer (lots of metal shavings and some small rubber ball cover type pieces) cleaned that up, and went to run it. Once I went to run it I still get the loud whining noises and absolutely no hydraulic functions. Whenever I engage either pedal it whines real bad, hoses jump, then lowers the motor rpms. No squealing noise until I hit the pedals. I did pull the hydraulic pump out to look it over (externally) and so no issues, spun the shaft and it didn't feel bad for a gear pump. Reinstalled and it is still happening. The loader still travels fine with no noise. Indicator light is on: "engine oil pressure low" I have no dug into this yet as I assumed it was unrelated and I have only ran this for a few seconds at a time. I did verify oil is in there.