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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Facing furor, Ruth’s Chris high-end steak chain returns $20M small-business loanThe restaurant chain has been under fire for accepting stimulus loans earmarked for struggling small businesses. But how are they even able to get it in the first place? This is a shocking waste of funds! Who can we shame next? Potbelly sammiches is 'on the clock'
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After Shake Shack controversy, Treasury says public companies should repay loansThe new guidance came as Congress approved another round of funding for small business loans. Was the confusion they thought that if they were SBA qualified because they are just multi-million dollar companies instead of multi-billion dollar companies? Do you think liberals can muster up the courage to go out and support government designated 'non-essential' businesses? Right now it's okay for liberals to shop at virus-free dispensaries, liquor stores, grocery stores, walmart/costco, gas stations, home improvement stores etc. They are getting caught Dorian the swamp my ass
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As others cave, several public companies that took small business loans are not giving back the cashWhile well-known businesses like Ruth's Chris and Shake Shack have announced plans to return PPP loans, several public companies tell us they are not giving back the cash. Interesting that these medium to larger companies could get the relief 💰💰💰 so quickly, while actual small businesses and sole proprietorships flounder in their attempts to get assistance. 🧐 Amazing that these big businesses were competing against us for funding lol. No competition
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