If you want, you can call a turd a rose but it still won't smell the same.
No, not really. True "signal processing" (and tape recording) is done at a constant line level.
That's why tape monitors are before the preamp stages. Tape recorders (and equalizers) "live" on a constant line level signal which, in reality, is higher than the signal available at the preamp output which is actually attenuated (lower) than the line-level signal available at a tape output.
So, while an equalizer will "work" here, it'll have a lower level signal coming in, which will be close to it's own internal noise floor, and amplify the preamp noise as well as adding it's own internal noise. Try using a preamp out to feed a tape recorder and you'll soo learn the difference.
IOW, if you took a tape output and fed it directly into a power amp,it would be essentially the same as maxing out the volume control, which is what you want going into a "signal processor. This keeps the noise lower.
I guess thisall is second nature to those of us who started in this hobby up when "tape monitor loops" were used for their intended purpose which was for monitoring the output of three head reel-to-reel tape decks. That's where they got their name and it stuck long after R2R's fell out of favor and equalizers and other sighal processors came into play.
Stick around, kid. You'll learn a lot.