Chicago-based sandwich chain, with more than 440 units, joins other publicly-traded companies giving up federal aid from the Paycheck Protection Program designed for small businesses
The move is a result of the Treasury Department’s updated guidance on eligibility for public companies
Paycheck Protection loans to be replenished as Treasury updates guidelines to narrow applicant pool
The steakhouse chain faced criticism for receiving a federal loan designed for small businesses; other chains returning funds include Sweetgreen, Shake Shack
White House coronavirus task force outlines phases for reopening restaurants and bars.