This app was mentioned in 4 comments, with an average of 2.25 upvotes
https://play.google.com/store/apps/details?id=com.nanoloop
this works almost the same
I personally use a combination of Nanoloop and SFXR.
I use sfxr to generate 8-16 bit sound samples, and then load those with nanoloop.
Nanoloop is 3.99, sfxr is free. Here is what it can sound like, as heard from my attempts at making music.
Nanoloop is available for Android https://play.google.com/store/apps/details?id=com.nanoloop