Well, you used loophole in your question, and I used it too, so I guess its possible.
It only needs some creativity!
Here is loophole used in a sentence:"When rootkit.com was compromised, the hackers discovered a loophole; the head of Internet security for the site used the same password for ALL his Web accounts, including Twitter and Facebook."
"There are a number of loopholes in the tax laws whereby corporations can save money."
Indeed, "loophole" is spelled correctly.
That is the correct spelling of "loophole" (a legal technicality).
The Loophole - 2012 was released on: USA: 31 December 2012
Loophole - 1954 was released on: USA: 28 March 1954
it allows companies to use an overseas post office box to avoid paying taxes.
The word "school" has the same "oo" sound as "loophole," "pull," and "do."
The Loophole - 2010 was released on: USA: 23 October 2010 (Indie Memphis)
Loophole - 1981 is rated/received certificates of: Australia:PG Iceland:L UK:A USA:PG
A loophole for what? It's not a legal term or anything you can be forced to do. It's just an expression.
The Untouchables - 1959 Loophole - 3.6 was released on: USA: 16 November 1961