Actually, "looper" is an abbreviation for Loop Charged. Loop Charged refers to the type of exhaust scavenging the motor has.
A cross flow motor will have a single transfer port and a single exhaust port. The piston will usually have a raised portion on it top to help sweep the exhaust out the port.
A loop charged motor will usually have several transfer ports and a single exhaust port. These multiple transfer ports push the exhaust out more efficiently increasing power and decreasing the waste of raw fuel. These motors usually have a flat top piston.
Loop charged motors are a lot more difficult to manufacture, due to the multiple transfer ports that need to be cast into the block, along with water passages.
The most advanced loop charged two cycle motors I have seen had 4 transfer ports, 1 exhaust port, and an elongated intake port to allow a direct charge into the combustion chamber. They were known as seven port, loop charged motors and were used on motor cycles.