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It has two meanings the first one is like crazy , insane and that things and the other meaning is like a really close friend like your brother
Hey loco how are you ?

And in Spanish is used like this :

Oye loco como estas ?
Loco by Saannn December 2, 2015
Related Words
Sometimes used as crazy but can also mean my/your location
What’s your loco?
My loco is . . .
Loco by yeetsurkid September 2, 2019
Where you from? I'm from LoCo bitch!!
LoCo by th3m0nk July 29, 2006
What happens when you tell a conservative they are the english version of a republican.
Liberal/Labour member: Harry Smith, did conservatives are basically English republicans.
Conservative Smith: No, no, no, no, no *starts rabidly shaking* I am not. *goes LOCO*
Liberal/labour member: no need to go crazy for coco pops
Loco by Iminclassrightnow October 6, 2018
when two lines of people are close together and somebody runs through and everyone in the two lines severly punches the runner. practiced in team sports as a form of punishment. extremly painful.
coach: how can you miss thet penalty kick...you have a loco.

player: NOO!! not a loco please have mercy!!
loco by nigger2546 March 18, 2009
Loco is a spanish slang word there means crazy/insane.
"So they think i'm loco".
Loco by Mulatto Girl November 8, 2010