Hello Jim, I did my first loops with an Eco-8 too

. I can relate to how challenging it feels at first. Here are some of my suggestions for a 1st successful loop:
1. To start the loop, build up some FF speed going straight into the wind. The added lift from the wind really facilitates the first 1/2 of the loop.
2. It is important to maintain the rotor disc as level as possible during the first 1/4, or so, of the loop. If it's a little bit off from the start it could cork-screw badly by the time you are 1/2 to 3/4's into the loop. An ugly cork-screw loop can create a panic situation that may keep you from finishing the loop.
3. If it does go off a bit after the 1st 1/4 of the loop, don't panic, just focus on pulling back and completing the loop before leveling.
My bail-out plan was always to finish the loop, then correct (no matter how side-ways the heli would get.. hehe). If I tried to correct during the loop I would sometimes worsen things, lose focus and create a dangerous situation (for the heli that is).
4. Practice doing lots of stall turns into the wind before trying out the loop. The disc should go vertical all the way. This is good practice for maintaining a level rotor disc during the 1st quarter.
5. At the top of the loop be sure to add your little bit of negative pitch so that you don't lose altitude. It is better to add too much negative pitch than too little negative pitch here. Too much negative simply means a heart-shaped loop. Too little or none at all will result in a much faster 2nd half and much lower exit than anticipated (a figure 9).
Anyways, I think the most important thing here is to finish out the loop before trying to correct or if you panic. Just keep pulling back on that stick until you are upright. It's a lot easier than it seems/sounds. You may even find yourself doing multiple loops after only the first try

. Good luck.
Chachin..
Edit:
6. Sim practice is priceless.