Of course the bat loops. How can it not unless the swing ends at the knees (I have two on my 10U rec team that do this. Ack!!! Help!!!) Maybe that is what you are saying.
When people say "No Loop", I read that as the low point of the swing / bat is never below the ball. You'll get on plane, then through, then up. Ideally not below the ball then up, then through the ball.
Nice post.