With your small loom and wool blend yarn make yourself a really cool pair of simple but very uniquely you Slipper Socks with Bubbles. This pattern includes a video tutorial.
I have several looms but this is my first by CinDWood. The construction is very good and I like the way the yarn moves easily over the pegs. There are no sharp or snaggy bits on the loom or pegs that cause an issue. I'm very pleased with it and will order more. (Purchased the ½" 66 Peg Adult Hat Loom)