• Ruth’s Chris Steak House to return $20M small biz cash to feds: report

    Ruth’s Chris Steak House to return $20M small biz cash to feds: report

    Faced with mounting criticism, Ruth’s Chris Steak House — which operates more than 100 restaurants in North America — will return the $20 million coronavirus small business loan it got from the federal Paycheck Protection Program, NBC News reported Thursday. The $350 billion PPP was designed to rescue the millions of small businesses that have …
  • Shake Shack to return $10 million meant for small businesses during pandemic

    Shake Shack to return $10 million meant for small businesses during pandemic

    Burger giant Shake Shack plans to return $10 million it received from a government loan program meant to protect small businesses during the coronavirus crisis. The New York-based fast food chain was one of several large restaurant companies that got a multi-million-dollar loan through the Trump administration’s $349 billion Paycheck Protection Program aimed at helping …