OK, by dual loop, you mean a linear scale plus a shaft encoder (mostly for velocity feedback) on the same axis? Yes, it could do this, the PWM controller has 4 encoder counters, so one PWM controller could handle two axes with 2 encoders/axis.
Multiple PWM controllers can be run on the same parallel port, and they exchange synchronizing signals on that parallel port cable, so the encoders are all sampled within 1 us of each other, even on different boards. We have only tested this up to 8 channels (2 boards).
I have not done the dual feedback myself, but it is all done in HAL, so really doesn't have any specific connection to my boards.
If you later order a second controller board, just let me know you need the "daisy chain" cable, and I will provide it to connect the 2nd board to the 1st.
Jon