You'd better be ready to go after every auto plant built in the south for the last 20 years, then. States do this sort of thing all the time, figuring they'll make the money back on the taxes paid by the workers at the plant and the economic activity they generate. The alternative is seeing jobs go out of state or overseas.
It sounded as if she was instrumental in giving her own family business a large government loan and then forgiving almost half of it. How does that not sound dirty?
The best thing would be to stop government from giving loans, period.