Seems that you need to be viable or have a good credit rating to get government loans which you could argue is right to protect tax payers money.
This is from todays Telegraph:-
Mike Ashley's Frasers Group has been refused an emergency Bank of England loan after being forced to shut its stores, as the chain settled a controversial €674m (£590m) tax bill in Belgium.
The owner of Sports Direct and House of Fraser cannot use the
loan scheme because it does not have the required credit rating.
Frasers said that it had not been accepted as eligible for the programme to help Britain's biggest firms using public mnoey during the coronavirus pandemic. The likes of
Primark and Greggs have been able to tap it up for extra cash.