Ah, I see. I guess that would count as a loom but, in my mind, that always conjures up one of those big weaving looms with programmable cards, etc.
It reminds me of a "corking set" (I think that is what it was called) which I had when I was a kid. It was probably considered an odd thing for a boy to want, at least back then, but I was always interested in "making" things. Plus, weaving is its own interesting kind of satisfaction.
Of course, these days I haven't touched my knitting needles in years since I have no idea what I would make and I would need much more practice to get my coordination and dexterity to where they need to be.