Loess tunnels often undergo large-scale deformation with complex spatial and temporal distribution. Mastering the characteristics of spatial and temporal deformation is conducive to precise policy implementation and the control of large deformation of the tunnel. In this study, relying on the Yulinzi Tunnel in Gansu Province, China, based on 3D laser scanning technology, the tunnel was monitored for a short period of 24 h and a long period of 36 days. The refined characteristics of the temporal and spatial deformation of the representative points of the interrupted surface, the tunnel face, and the excavation mileage during the excavation process of the three-bench and seven-step method of the tunnel were analyzed. The results show that the tunnel’s arch has large deformation, and there is twisting deformation. The distribution of the overall deformation of the tunnel is related to the excavation sequence, showing a stepped deformation law. With the construction of the following excavation process, the deformation rate of the tunnel always indicates the characteristics of significant in the early stage and small in the later stage, and the overall deformation changes with time in accordance with the distribution law of the exponential function. The research results provide a reference for predicting the deformation development trend of loess tunnels and providing reasonable deformation control methods.