Beginning his career at age 14; Loy went on to compete in every weight class from flyweight to welterweight between 1949 and 1954. He compiled a record of 77 wins (45 by knockout) and 15 losses. Representing Burlington and Durham boxing teams, Loy won championships in Charlotte, High Point, Durham, Burlington, Hickory, and Greenville, S.C. While competing in these cities, Loy received trophies for Outstanding Boxer, Most Popular, Most Kos, and Sportsmanship. During his career he defeated past inductees David Mills, Ronald Short and Dink McManus.
He entered the Armed Services in 1954 and coached the All Service Boxing Team in the European theater of NATO in 1956. Loy earned a bachelor’s degree from Elon College and went on to graduate from Wake Forest Law School in 1963. He enjoyed a prosperous career and served several civic organizations until his untimely death in 1980.