Floating Belt Loop Magnet

So I lost a bunch of weight last year. Thank you. The downside is that my clothes don't fit. My belt is too long. and hit kind of hands out is an embarrassing sort of way. So I made a little floating belt loop that I can wear to keep that belt under control. And why not add a nice magnet a 20mm x 3mmso it is kind of a belt hanger for tools or magic tricks.