A tension device for applying tension to an orthopedic cable loop system is designed to remain implanted in vivo after completion of the surgical procedure in which the device is used. The tension device may include a spool rotatable in one direction, such as by having outer flanges engageable with ratcheting protrusions along a cavity within the body of the device. The tension device may maintain a biasing force on the cable, which force may be applied by an elastic material. For example, the elastic may be provided in an opening of the body of the device. In another example, the elastic may be provided in the spool, such as by constructing the flanges of the spool from elastic material or by providing elastic material between an inner and an outer ring of the spool. Other biasing components as well as measuring components may be provided in the tension device.
