Trump's restaurant recovery plan is built on fast food, chains - Business Insider

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Trump's restaurant recovery plan is built on fast food, as independent restaurants struggle to survive

— is creating an economic recovery plan that puts the country's chains front and center.

This week, Trump announced the formation of the "Great American Economic Revival Industry Group" for the restaurant industry. The group is one of a number of industry representatives organized to advise the White House on reopening the US during the coronavirus pandemic.

While many franchisees at major chains are small businesses, none of these franchisees were represented as individuals in the organization. And, as seen byChains have received at least $40 million in small business loansAs chains advise Trump on the recovery plan, some major brands are also receiving small business loans.

While the Paycheck Protection Program is aimed at small businesses with fewer than 500 employees, hotel and restaurant chains successfullySome of the mega-brands that have received PPP loans include:

 

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So long $Wen and $Mcd

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