J. Alexander’s joins Shake Shack, Sweetgreen, Ruth’s Chris in returning Paycheck Protection Program loan funding

Apr 24, 2020

The move is a result of the Treasury Department’s updated guidance on eligibility for public companies

House sends $484 billion relief package to President’s desk

Apr 23, 2020

Paycheck Protection loans to be replenished as Treasury updates guidelines to narrow applicant pool

Facing public pressure, Ruth's Chris will return $20 million PPP loan

Apr 23, 2020

The steakhouse chain faced criticism for receiving a federal loan designed for small businesses; other chains returning funds include Sweetgreen, Shake Shack

Apr 23, 2020

White House coronavirus task force outlines phases for reopening restaurants and bars.

Sweetgreen, Kura Sushi returning $16 million in Paycheck Protection Program funding

Apr 23, 2020

The chains join Shake Shack in returning relief funds earmarked for small businesses; many independent restaurants have not received funding

Senate passes $484 billion coronavirus stimulus package that includes $310 billion to replenish small business loans

Apr 21, 2020

The bipartisan bill is expected to be approved by the House on Thursday and the President has indicated he will sign it