That's the theory, but in practice it's turning out harder than expected to acquire said money. The government isn't just "giving it out" in the sense you can just walk up to a bank and leave with a bag of cash. You have to apply for it and then be approved and then wait for it to show up. This process takes time, and it's not clear how much time.

Another poster noted that Wells Fargo was capped at what they can distribute and BOA was refusing loans to people who were not already customers. So if you're a small business with Wells Fargo and get denied there after an unknown period of time it takes to process that application, then you turn to another large bank and get denied there, this is time wasted while a clock is ticking (rent is still due for your employees and yourself at the end of the month).

So what do you do? Do you lay off your employees because they can apply for unemployment right away? Or do you hold out and hope that the third bank you apply to for a loan will be a success? What if it's not?

It's very easy for Congress to say "We are giving out money. The businesses are saved!" It's quite another in the implementation of that, and to some degree I feel they were so eager to pass something that they didn't think these things through fully.