I need help with configuring MS Loopback Adapter on my Windows 7 Professional laptop. The adapter says, "No Network Access"

Hello,

I need help with configuring MS Loopback Adapter on my Windows 7 Professional laptop. The adapter says, "No Network Access"

The Device Manager for the adapter says, "This device is working properly"

C:\Windows\system32>ipconfig/all

Windows IP Configuration

Host Name . . . . . . . . . . . . : P7One

Primary Dns Suffix . . . . . . . :

Node Type . . . . . . . . . . . . : Hybrid

IP Routing Enabled. . . . . . . . : No

WINS Proxy Enabled. . . . . . . . : No

Ethernet adapter Local Area Connection 2:

Connection-specific DNS Suffix . :

Description . . . . . . . . . . . : Microsoft Loopback Adapter

Physical Address. . . . . . . . . : 02-00-4C-4F-4F-50

DHCP Enabled. . . . . . . . . . . : No

Autoconfiguration Enabled . . . . : Yes

IPv4 Address. . . . . . . . . . . : 10.10.10.10(Preferred)

Subnet Mask . . . . . . . . . . . : 255.255.255.0

Default Gateway . . . . . . . . . :

NetBIOS over Tcpip. . . . . . . . : Disabled

Network Connections>>Local Area Connection 2

Properties:

I check IPv4 and unchecked everything else.

IPv4 Properties>>Advanced>>WINS

I disabled NetBIOS over TCP/IP <--------- Not sure if this was required.

I disable all other Network connections like Bluetooth and Wireless while trying to use MS Loopback Adapter but the Local Area Connection 2 Status dialog box says:

IPv4 Connectivity: No Network Access

IPv6 Connectivity: No Network Access

Media State: Enabled

Duration: 00:00:00

Speed: 10 Mbps

Activity:

Packets sent: 31. Received:0

Please help me out here. Thank you!