More than 150,000 people have signed a petition calling for Ruth's Chris Steakhouse to return $20 million in loans meant to help small businesses
Two subsidiaries of Ruth's Hospitality Group were granted $10 million each in loans from JPMorgan Chase on April 7, as part of the paycheck protection program intended to support small businesses during the coronavirus pandemic.
"Tell Ruth's Chris Steak House 'Return the money now! You will be shamed forever if you do not. People will not forget.'" As of Tuesday 2 p.m. ET, the petition has been signed more than 157,000 times. Ruth's Chris did not respond to Business Insider's request for comment. As a result of the restaurant-and-hotel loophole, any company that owns and operates restaurants could qualify for a PPP loan. Even McDonald's, the biggest fast-food chain in the US,Shake Shack's chairman, Danny Meyer, and CEO Randy Garuttithat the PPP loans "came with no user manual and it was extremely confusing.
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