Welcome Newcomer. Try this...
Install the loop back adapter
a) In Control Panel, double click on Add Hardware.
b) Click Next
c) When the scan finishes, select "Yes, I have already connected the hardware"
d) Click Next
e) Scroll to the bottom of the list and select "Add a new hardware device"
Click Next
f) Select "Install the hardware that I manually select from a list (Advanced)"
g) Click Next
h) Select "Network Adapters"
i) Click Next
j) Select "Microsoft" under the Manufacturer list.
k) Select "Microsoft Loopback Adapter" in the Network Adapter list.
l) Click Next
m) Click Next
n) Click Finish
Configure the Adapter
a) The loopback adapter can be configured the same as a regular network card.
b) Set a static IP address. For example 192.168.100.1, just as long as it isn't the same IP as your physical network adapter.
Share the printer. Use an easy to remember name.
a) the steps to do this vary upon the version of Windows
Capture the printer port.
a) Open Command Prompt
b) Type NET USE LPT1: \\[Computer Name]\Printer /PERSISTENT:YES
c) press Enter