Yup. That's light duty for sure. Do you have a significant other? Maybe not much longer? That's just not trustworthy, IMO. I guess with the headliner installed, it's "too late" now.
What "I" would have done was get a piece of 1" square stock, about 6" long. Drilled a hole through it. Welded the nut over the hole. Then fed the "whole thing" through the hole you drilled with the nut on the outside. Then drilled several holes the length of the stock and made heavy spot welds and also "completely around" the hole. THEN you wouldda had something. What you have now has no reinforcement whatsoever.