Loop do SQL Server - como faço um loop em um conjunto de registros

DECLARE @MyCursor CURSOR;
DECLARE @MyField YourFieldDataType;
BEGIN
    SET @MyCursor = CURSOR FOR
    select top 1000 YourField from dbo.table
        where StatusID = 7      

    OPEN @MyCursor 
    FETCH NEXT FROM @MyCursor 
    INTO @MyField

    WHILE @@FETCH_STATUS = 0
    BEGIN
      /*
         YOUR ALGORITHM GOES HERE   
      */
      FETCH NEXT FROM @MyCursor 
      INTO @MyField 
    END; 

    CLOSE @MyCursor ;
    DEALLOCATE @MyCursor;
END;