Personally I think it will be fine. Twisting it into a loop can't hurt but probably not necessary. I think I would use those electrical wire splice sleeves instead of the loop bend, though.

https://www.amazon.com/PRODUCTS-DP-2-3-100-Splicing/dp/B000BD5DBC


1950 Chevrolet 3100 (Ol' Roy)

1939 Packard Standard Eight Coupe (The Phantom) | 1956 Cadillac Coupe de Ville (The Bismarck) | 1964 Ford Galaxie 500 coupe |1966 Ford Mustang (Little Red) | 1969 Pontiac GTO (The Dishpit) I 1979 Ford F-100 | 1976 Ford F-150 (Big Red) | 1995 Ford F-150 (Newt)