Just a few small things, but otherwise it's a great song. Like I said try re-recording it and either not looping the finger picking part, it sounds like it repeats three times throughout the song, so maybe just record them all at once. I am not sure a finger picked part is going to ever loop very well especially with the ambient buzz you are getting in the track which doesn't sound bad at all but when it loops it makes it very obvious thats all. Maybe it could be EQed out?
No idea but for some one only playing a year, I'd say your doing very well indeed. Nice tune man. The other ones good too.