If it turns out that your machine was threaded correctly and you're still getting the loops, don't be afraid of adjusting your tension. If that's the back side of the quilt in the photo, either your bobbin tension is too tight or your top tension is too loose. If that's the front, either your top tension is too tight or your bobbin tension is too loose. Change one thing at a time, keeping a notepad handy to record each incremental adjustment until you get even tension on both top and bottom.
Good luck!