It will be helpful if you can just confirm (using Finder) the programs really are there, inside the _cdprogs folder. If they are, it is definitely puzzling. Please also run the following commands in Terminal, to confirm the hidden file .sloomrc exists and gives the correct path:
cd ~
cat .sloomrc
The first is only needed if you have Terminal open in some directory other than your home directory. Terminal always starts up there.
the second command just writes the contents of the file to the console. It shoudl give the full path to the _cdp folder (should be inside "cdpr7").
What version of Soundloom do you have? It is stated on the opening flash window.
The other aspect worth checking is file and folder permissions. This can be done in the finder by selecting the _cdp folder and then "Show Info" from the File menu. If the "read only" box is shown checked, it will need to be unchecked, as Soundloom may be prevented from updating its files, running programs, etc.