I take it from your statement in your opening post, you have a nitrite reading. This is not good. It means your bacteria have failed at some point and you are in a mini-cycle.
Ammonia and nitrite should at all times be 0. If they are not, it means something has killed off their particular good bacteria.
Nitrate should remain below 20 ppm. You might want to step up your water changes to around 50% once a week and monitor nitrate levels for a while ...
that is, after your nitrites get back to 0 ... so, for now, keep doing a water change every day or two until the bacteria catch back up.
With HITH/LLE, clean water is of the most importance.
I do believe you have caught the very beginning stages of HITH. That is a little more than sensory pits or a scrape, it just happens to be in the spot of the pits.
Keeping the water as clean as sanely possible will be the key here. Reducing feeding will help a little, as well as making sure uneaten food is removed. Next gravel vac, try to dig in to the bottom and move around until it comes out clear (being careful of your sealant on the edges)
Make sure your food is high in vitamin content. Hikari Bio-Gold has just about the highest vitamin content of any food, and online, it is about the same or less as the Hikari Gold in the stores. To get him to eat the smaller pellets, you may have to withhold food for a couple days. If you don't want to get bio-gold, you can get vitamin supplements from most fish stores, and all hikari treats do have vitamins added, but, I don't think that may be the best route to add the extra vitamins. Hikari isn't the only brand to add vitamins, but one I personally trust.
78 is a good temperature. 7 ph is fine, really, ph just needs to be stable for oscars, they adapt well, but not so much to continuing fluctuations (same with temperature).
Just as a precautionary ... check to see if your dechlorinator removes heavy metals. Some do, some don't. It may be good to switch to one that does after what you have is gone if it doesn't. I personally use PondCare StressCoat, since it is highly concentrated and lasts quite a while. 15 ml treats 60 gallons.
I don't know the requirements of loaches and SDs, so to add salt, wait for someone who knows, or look it up. PimaFix and MelaFix work well together, and may help to prevent a secondary infection ... plus it is natural (tree oils), so it isn't like adding chemicals to the water, I have used it plenty, and not harmful in my experience. Smells kinda good to me as well

They also make this in the concentrated PondCare label, double the strength of the API label, but the same product essentially (money saving).
I don't know if you have a Python, or other siphoning system, but if not, it will make changing water on the 75 much easier. Taking maybe an hour total including using a bucket with tank water to clean mechanical filter media and filter parts.
Also, carbon, may or may not be a factor. Don't know if you use it or not. Some say it could be the fine particles that are near impossible to fully rinse out, but come off and into the tank from a constant flow of water through it. Others say it can be that and the fact that most carbon filters need to be changed out weekly to remain effective ... and if not changed out in time, can leach the bad stuff back into the water, leading to illnesses and other problems.
I haven't used carbon ever in my Oscar tank, nor have my bettas ever experienced any carbon in their filters. An unnecessary expense and risk to me. Whatever carbon claims to solve, water changes solve better. If you tank smells, then it needs a water change ... not carbon hiding the smell. If it has contaminants, it needs a water change, not carbon soaking it up and potentially releasing it again when the carbon becomes saturated with bad stuff. Carbon to me is like a gimmick, and one that has worked well with an uninformed public. Just like bio-media should almost never be disposed of.
Just running through the list of things, not saying any particular one is the problem, but I figure it doesn't hurt to list some suggestions and possibilities
Best wishes. Hope to see progress soon. Remember, water can never be too clean, the levels in the wild are near pristine from a constant supply of fresh water
P.S. If it does get bad, there is a product that is for Hexima (sp?), but I believe you must manually apply this to the affected spots, which I assume requires removing the fish from the aquarium and having him 'in the air' on a table or something. Not my first choice ... since I am sure that is quite traumatic.