Two things: One, this was the supposed goal of such a loan (keep jobs, and not sign multi-million bonuses to CEOs). Two, you could give this to a small business and keep as many jobs (on total) if not more. However, bigger companies have better means to navigate complex governmental schemes. This means people who have substantially more wealth (owners of big companies) get an easy ride during such a crisis while the smaller guys get screwed.

Or, you know, don't give money to anybody. You'll have some people bailed out through deflation, and some other screwed because they are over-leveraged. Whatever happened to being responsible and putting some money aside for a crisis?