dragon > [Satan]

3 Bred in the loathly lakes of Tartarus)

Tartarus > (The underworld of Roman mythology; hell)

4 With murderous ravin, and devouring might,

ravin > rapine, pillage

5 Their kingdom spoiled, and country wasted quite: 6 Themselves, for fear into his jaws to fall,

for fear into his jaws to fall > [for fear of falling into his jaws]

7 He forced to castle strong to take their flight, 8 Where, fast embarred in mighty brazen wall,

fast > firmly

9 He has them now four years besieged to make them thrall.