Loveland is located right on the conntinental divide just east of Summit county. Everything in Summit County is real close together. So the best thing to do is stay in Frisco so your right in the middle of it all. Frisco might not be the closest place to Loveland ski area but it has the most offer for off the slope entetainment. Frisco, Silverthorne, and Dillion are all within five miles of eachother. So go check them out!
There are many good places to get food in the area here are some good ones.
Butterhorn Bakery in Frisco on Main st.
The Foodhedz World Cafe.... "where thailand meets the heartland" on Summit Dr. in Frisco
Q-for-U barbeque and catering on Summit Dr. in Frisco
Upstairs at Johnny G's on Main st. in Frisco is a good place to party and a dance club called Shag just down the street.
Eleven miles from Loveland is Georgetown where you can find plenty of accomodations to fit your budget. But if you want to catch any nightlife look for lodging in summit county.