PHP: WordPress custom taxonomy/post query

tabbed_taxonomy.php

<?php
$args = array(
	'orderby' => 'ID'
);
$terms = get_terms( 'testimonial_category', $args );
?>

<!-- bootstrap tabs -->
<ul class="nav-tabs">
	<?php
	$count = 0;
	foreach ( $terms as $term ) : $count ++; ?>
		<li<?php if ( $count == 1 ) echo ' class="active"' ?>>
			<a href="#<?php echo $term->slug ?>" data-toggle="tab"><?php echo $term->name ?></a>
		</li>
		<?php
	endforeach;	?>
</ul>

<div class="tab-content">
	<?php
	$count = 0;
	foreach ( $terms as $term ) : $count ++; ?>
		<div class="tab-pane <?php if ( $count == 1 ) echo 'active' ?>" id="<?php echo $term->slug ?>">
			<?php
			$args = array(
				'post_type' => 'testimonial',
				'tax_query' => array(
					array(
						'taxonomy' => $term->taxonomy,
						'field'    => $term->slug,
						'terms'    => $term->term_id
					)
				)
			);
			$loop = new WP_Query( $args );

			if ( $loop->have_posts() ) :
				while ( $loop->have_posts() ) : $loop->the_post(); ?>

					<blockquote class="testimonial-<?php the_ID(); ?>">
						<?php the_content(); ?>
					</blockquote>
					<cite><?php the_title(); ?></cite>

					<?php
				endwhile;
			endif; wp_reset_query();
			?>
		</div><!-- end tab-pane -->
	<?php endforeach; ?>
</div><!-- end tab-content -->