Potbelly says it will return $10 million small business loan, following others after outrage

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Potbelly, which received the maximum loan amount, has a market cap of $71.2 million.

The $350 billion total allotment ran dry earlier this month, stirring outrage against large-cap public companies who received the assistance.

A sign alerts Potbelly Sandwich Shop customers that it is open for pick-up and takeout only due to the coronavirus outbreak in Washington, D.C., U.S., on Tuesday, March 17, 2020. Photographer: Andrew Harrer/Bloomberg via Getty Imagessaid Saturday that it will return its $10 million loan from the Payroll Protection Program intended for small businesses, making it the latest notable name to return the funds.

 

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Please google what makes a company Large Cap please. 70mm does not make the company a large cap company

$PBPB

Never eating there again, shouldn’t have applied in the first place

The fact that they could get a whole $10mil before the ones that really needed thousands is troubling....but I mean what’s new

Shameless to accept the loans, how disgraceful 🤮

Trump got the money,,, they “ ain’t giving nothing back” . Wake up and stop fake news

Thank you!

Shamed into doing the right thing, this is trumps America,ain’t she great!

THEY WON'T RETURN THE MONEY

Their Italian sandwich is great with their homemade ranch. So hopefully they stay in business

Send me $9 million I’ll pay it back 😉

Copy cat league shakeshack

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