In this paper, we are interested in the loop cluster model on $\mathbb{Z}^d$ for $d\geq 3$. It is a long range model with two parameters $α$ and $κ$, where the non-negative parameter $α$ measures the amount of loops, and $κ$ plays the role of killing on vertices penalizing ($κ\geq 0$) or favoring ($κ<0$) appearance of large loops. We consider the truncated loop cluster model formed by the Poisson point process $\mathcal{L}_{α,\leq m}$, which is the restriction of $\mathcal{L}_α$ on loops with at most $m$ jumps. We prove the existence of percolation in a $2$-dimensional slab for the truncated loop model $\mathcal{L}_{α,\leq m}$ as long as the intensity parameter $α$ is strictly above the critical threshold of the non-truncated loop model and $m$ is large enough. We apply this result to prove the exponential decay of one arm connectivity for the finite cluster at $0$ for the whole supercritical regime of the non-truncated loop model. For $κ=0$, this loop percolation model provides an example in which we have different behaviors of finite clusters in sub-critical and super-critical regimes. Also, we deduce the strict increase of the critical curve $α\rightarrowκ_c(α)$ for $α\geqα_c$, where $α_c$ is the critical value when $κ=0$. In the end, we prove that $\forallα>α_c$ large balls in the infinite cluster are finally very regular in the sense of \cite{Sapozhnikov2014}, which implies that large balls are finally very good in the sense of \cite{BarlowMR2094438}. By \cite{BarlowMR2094438} and \cite{BarlowHamblyMR2471657}, we have Harnack's inequality and Gaussian type estimate for simple random walks on the infinite cluster for all $α>α_c$.