It's looped around a dog (6)
I believe the answer is:
poodle
'a dog' is the definition.
(poodle is a kind of dog)
'it's looped around' is the wordplay.
'around' indicates an anagram.
'looped' is an anagram of 'POODLE'.
(Other definitions for poodle that I've seen before include "Pet dog; obsequious chap" , "National dog of France?" , "Lapdog" , "Curly-haired breed of dog" , "Small dog" .)