Per the description on the Peachtree site:
The nova150 includes an extremely useful LOOP (output/input) feature, allowing you to add an external tube buffer, equalizer or other processor into the signal path as desired. The LOOP button on the remote control engages and disengages the loop audio path utilizing high-performance relays. Do you want to experiment with room correction? No problem. Wire your room EQ component into the nova150 and use the LOOP button on the remote control to easily A-B between correction in/correction out.
You're good to go. You can select if you want the Loki in the circuit, or not...