Ruth’s Chris Returns $20M Federal Stimulus Loan in Response to Public Demand | Eater
"A publicly traded steakhouse chain that received $20 million from the Paycheck Protection Program and is returning those funds after intense public backlash about large companies taking limited small-business relief. Its eligibility was enabled by a PPP rule allowing restaurants with 500 or fewer employees per location to apply, and the repayment follows Treasury guidance warning public companies to assess economic need and prepare to justify their certifications to the SBA amid possible investigations or penalties." - Jenny G. Zhang
