Yes, God loves even "those who have fallen so badly" as you say because God loves all mankind and will save all mankind.
"our Saviour, God, Who wills that all mankind be saved and come into a realization of the truth" (1 Timothy 2:3,4)
"Faithful is the saying and worthy of all welcome (for for this are we toiling and being reproached), that we rely on the living God, Who is the Saviour of all mankind, especially of believers. (1 Timothy 4:9,10)
That says "especially believers" because we are saved and will be vivified for eonian life in Christ, but unbelievers will be saved at the consummation of the eons when God will be "all in all" (1 Corinthians 15:20-28).
This was written by the man who said he was the worst of sinners because he persecuted and killed believers, but he was saved by the grace of God and spread the evangle farther than all the other apostles.
"For I am the least of the apostles, who am not competent to be called an apostle, because I persecute the ecclesia of God. Yet, in the grace of God I am what I am, and His grace, which is in me, did not come to be for naught, but more exceedingly than all of them toil I--yet not I, but the grace of God which is with me." (1 Corinthians 15:9,10)
"Grateful am I to Him Who invigorates me, Christ Jesus, our Lord, for He deems me faithful, assigning me a service, I, who formerly was a calumniator and a persecutor and an outrager: but I was shown mercy, seeing that I do it being ignorant, in unbelief. Yet the grace of our Lord overwhelms, with faith and love in Christ Jesus. Faithful is the saying, and worthy of all welcome, that Christ Jesus came into the world to save sinners, foremost of whom am I. But therefore was I shown mercy, that in me, the foremost, Jesus Christ should be displaying all His patience, for a pattern of those who are about to be believing on Him for life eonian." (1 Timothy 1:12-16)
"Now expectation is not mortifying, seeing that the love of God has been poured out in our hearts through the holy spirit which is being given to us. For Christ, while we are still infirm, still in accord with the era, for the sake of the irreverent, died. For hardly for the sake of a just man will anyone be dying: for, for the sake of a good man, perhaps someone may even be daring to die, yet God is commending this love of His to us, seeing that, while we are still sinners, Christ died for our sakes. Much rather, then, being now justified in His blood, we shall be saved from indignation, through Him. For if, being enemies, we were conciliated to God through the death of His Son, much rather, being conciliated, we shall be saved in His life." (Romans 5:5-10)
"Near you is the declaration, in your mouth and in your heart--that is, the declaration of faith which we are heralding that, if ever you should be avowing with your mouth the declaration that Jesus is Lord, and should be believing in your heart that God rouses Him from among the dead, you shall be saved." (Romans 10:8,9)
"For everyone, whoever should be invoking the name of the Lord, shall be saved." (Romans 10:13)
God does not give us the experience of evil to break us down but to strengthen our faith in him as our savior. So he subjects us to nothing we can't survive. That's why it's time to really exercise our faith when it seems so dark you can't see the light. Often we don't understand why we are experiencing our trials, but it's always for our own good and the glory of God in the long run. I think we're in a continuous state of correction in this life, being perfected, becoming more like Christ. When we finally understand the purpose of a trial we have experienced and overcome by the power of God, we appreciate it even though it's not pleasant when we're in the midst of it. I think those of us who have been raised in a life of church doctrine and then come to a better understanding of scripture have some common experiences regarding misconceptions that must be overcome to understand the truth. I think we're all students. We all have something to learn. We should try to keep an open mind but focused on the word of God accurately translated so we can be freed from the bondage of church doctrine that is hard to break because we were programmed by it from a young age. It's sad to see most folks in the church blind to the truth and refusing to even consider a different perspective than what they're spoon fed from the pulpit every Sunday. Everybody needs to take responsibility for studying scripture themselves and not just let somebody else interpret it for them, and we need to know how to interpret it in context. I believe we will all simply know truth without even having to be told when we are finally in the light of the Lord. Until then, we will need to guard against our perception being distorted by the powers of darkness. I think it's wise to understand that distorted perception often comes through a misinterpretation of scripture because that seems to be the most effective deception of Satan that is accomplished through church doctrine. I think it's good to remember, when Christ was tried by Satan in the wilderness, he overcame the deception by putting into context scripture that was taken out and thereby distorted.
"Then Jesus was led up into the wilderness by the spirit to be tried by the Adversary. And, fasting forty days and forty nights, subsequently He hungers. And, approaching, the trier said to Him, "If you are God's Son, say that these stones may be becoming cakes of bread." Yet He, answering, said, "It is written, 'Not on bread alone shall man be living, but on every declaration going out through the mouth of God.'" Then the Adversary is taking Him along into the holy city, and stands Him on the wing of the sanctuary. And he is saying to Him. "If you are God's Son, cast yourself down, for it is written that 'His messengers shall be directed concerning Thee' and 'On their hands shall they be lifting Thee, Lest at some time Thou shouldst be dashing Thy foot against a stone.'" Jesus averred to him, "Again it is written, 'You shall not be putting on trial the Lord your God.'" Again the Adversary takes Him along into a very high mountain, and is showing Him all the kingdoms of the world and their glory. And he said to Him, "All these to you will I be giving, if ever, falling down, you should be worshiping me." Then Jesus is saying to him, "Go away, Satan, for it is written, The Lord your God shall you be worshiping, And to Him only shall you be offering divine service." Then the Adversary is leaving Him. And lo! messengers approached and waited on Him." (Matthew 4:1-11)
Don't ignore the scriptures we share with you about God saving all mankind just because you've read other scripture that you think applies to you. Satan can deceive you through scripture if you're not careful to see the big picture. I think Satan's most effective deception is misinterpretation of scripture through church doctrine to make folks think they are condemned when scripture actually says there is no condemenation to those of us who are believers.
"Nothing, consequently, is now condemnation to those in Christ Jesus." (Romans 8:1)
All scripture is inspired by God, but all scripture doesn't apply to everybody otherwise those of us who aren't Jews would be required to live by all 613 commandments in the law. The scripture you are being deceived by does not apply to you, but only to Jews at the time who said Christ was casting out demons by the chief of demons which actually makes no sense if you think about it. That's why Christ told them so. God wants you to be freed by the truth in scripture that you are loved and will be saved from the coming indignation. Even folks who used to worship Satan have come to believe in the saving grace of God through Christ Jesus, and they are saved. Nothing you have done in the past can deprive you from God's love. Just believe God saves you through the sacrifice of Christ on the cross who died, was entombed, and was roused from the dead. Be grateful for this truth, and know it's impossible for you not to be forgiven. You are more than forgiven because you're justified.
"Being justified gratuitously in His grace, through the deliverance which is in Christ Jesus (Whom God purposed for a Propitiatory shelter, through faith in His blood, for a display of His righteousness because of the passing over of the penalties of sins which occurred before in the forbearance of God), toward the display of His righteousness in the current era, for Him to be just and a Justifier of the one who is of the faith of Jesus." (Romans 3:24-26)