losetup loopdev
Set up a loop device:
losetup [-o offset] [--sizelimit size] [-Pr] [--show] -f|loopdev file
Apparently I'm not supposed to use -P and -o together.
This command will tell you which loop device is currently unused. ~# losetup -f~
losetup /dev/loopN hd0.img
Alternatively losetup -o 1048576 --find --show hd0.img
will also set up the loop device.