SEO when using a foreach loop to display links

Is there a SEO disadvantage when you display links onto a webpage using a PHP foreach loop?

In a manner like this:
$link_array = array('<a href="webpage1.php">Link 1</a>', '<a href="webpage2.php">Link 2</a>', etc… );
foreach ($link_array as $link) {
echo $link . "<br>";
}

Or is it better (for SEO) to code the links the traditional way?
Like this:
<a href="webpage1.php">Link 1</a>
<br>
<a href="webpage2.php">Link 2</a>
etc…

For site management purposes, my preferred method is using a foreach loop to display the links. Thanks in advance