Was this bad to drive under 1 mile

Sorry for the shitty photo. I drive a garbage truck for context. So I noticed a thumping noise towards the end of my day and saw in my side mirror that my tire looked like it was a little wobbly so I pulled over and checked my wheels and noticed the shiny rings around the bolts. I could literally loosen and tighten 4 nuts by hand so I reported it to my boss who told me to head back to the shop which was maybe a mile from where I was. I'm curious how bad this could've been if I ignored the issue. (been driving for 2 months)