You know, I had it charging all night with the wall charger. I have absolutely no idea what happened. It was literally just laying on the table and suddenly began looping. The only app that I installed before this happened was Sports Tap. Which was about a day prior to this happening.
However, I DID get it fixed.
Here is what I did. I pulled the battery and when I went to put it back in I noticed that it automatically turned itself on and I could see the "M" logo again. However, no matter what I did I couldn't get into recovery. So I pulled the battery again, but this time I held X and power at the same time with one hand. With the other hand I slid the battery into place. As soon as the logo came up, I pressed the camera/up buttons and managed to get the recovery symbol. But the phone rebooted the second that I let go of the buttons. After the 4th time this happened, I held the volume up button, which for some reason kept it from rebooting and could then go navigate the recovery screen. I wiped data and cache, then did a restore.
Everything seems to be OK again..
Thnks for all the help everyone..