Tow loop on the K frame?

Hey, everyone!

I'm about to shore up the K-frame on my Slant powered '64 Valiant. I've seen a lot of people modifying their K-frames for added rigidity, and I'm pretty well set on where those welds and gussets need to go. I've also seen guys graft tow loops onto their Ks while they're shoring everything up. Seems like a smart modification, but all the cars I've seen have been V8s. Have any of you fellow Slant guys done this on your car? I'm concerned mostly about engine clearance. If you have some insight and/or pictures, I'd really appreciate seeing them. As you can see in my signature, I don't exactly have much in the way of personal reference.

Thanks so much!