Gov’t relief loans to restaurant chains draw complaints – WBTV

Restaurant News
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Restaurant chains Shake Shack, Ruth’s Hospitality Group and Potbelly’s each announced last week they’d obtained loans worth a combined $40 million under the program. Although the loans are within the guidelines of the PPP, Shake Shack said Monday it will return its loan to give smaller restaurants a chance to get government money. The New York burger chain, which employs nearly 8,000 workers across 189 outlets, said it secured alternate funding.

Source: Thanks https://www.wbtv.com/2020/04/20/govt-relief-loans-restaurant-chains-draw-complaints/