The Linnets extended their unbeaten run to 12 games in all competitions in a 90 minutes where fans witnessed two King's Lynn Town teams in an extraordinary match.
Lynn were in dreamland as they coasted into what looked an unassailable 3-0 lead inside the first half-an-hour through goals from Jamie Thurlbourne and a Danny Beaumont brace.
But their supporters wouldn't have known whether to laugh or cry as Loughborough fought their way back into a titanic encounter to draw level.
Late goals from Dan Quigley and Russell Dunkley sealed victory in a topsy-turvy contest.
Thurlbourne's deflected 25-yard opener in the sixth minute was followed by the Beaumont show in the next 25.
Beaumont doubled Lynn's lead with a brilliant solo effort from 25 yards ten minutes later, before an exquisite chip from 35 yards, for his fourth goal in three games, put his side firmly in the driving seat.
But after a dominant opening 30 minutes, Lynn went to sleep for the second 30.
Danny Gay was twice called upon to foil the dangerous Reece Lester before Ryan Fryatt was on hand to clear Matt Langham's header off the line.
Loughborough's opener eventually arrived on the stroke of half-time when Lester raced on to a long ball over the top before firing past Gay.
Lynn, and their fans alike, were stunned by two home goals early in the second half.
Three minutes after the restart, Lester easily beat the offside trap after great work by former Linnet Rob Norris.
An identical move in the 51st minute saw Matt Langham denied by a desperate lunge by Ross Watson.
Norris made no mistake from the spot, although his effort hit the bar and bounced back off the unlucky Gay before trickling into the net.
After reverting to a 4-4-2, the Linnets regained control in the final 30 minutes following the introductions of Pat Bexfield and Sam Mulready.
Rather than lose their nerve the Linnets wrestled back control and still managed to seal the points.
Mulready and Spriggs combined for Quigley to poke home in the 64th minute before the same pair were involved in the build up which led to Dunkley's sixth goal of the campaign.
Gay saved brilliantly from Ash Way with five minutes remaining after the Loughborough substitute had looked certain to score from close range.
|Loughborough: Mann-Kler, Sibson, Hollist, Henton, Ruddock, Leak, Richards, Norris, Langham, Brennan, Lester (Way). Subs not used: Young, Blenkinsopp, Dean, Betts.
Goals: Lester (45, 48), Norris (52).
King's Lynn: Gay, Watson (Mulready), Yong, Fryatt, Gulliver, Bunting, Spriggs, Quigley, Dunkley, Beaumont (Turner), Thurlbourne. Subs not used: Buhlemann, Lee.
Goals: Thurlbone (6), Beaumont (16, 28) Quigley (64) Dunkley (78).
Referee: N. Murphy. Attendance: 167. MoM: Danny Beaumont.