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If you’re wondering how the small business loans in the stimulus ran out so quickly, behold the fact that Ruth’s Chris, with 159 restaurants and revenue of $468 million last year, got 2 maximum value loans for a total of $20 million. While our local restaurants may never reopen.pic.twitter.com/uBiA2mzUEi
This is why we all feel conned and let down by the government. This is why people have checked out, convinced nothing will change. Of course, that’s what authoritarians want — a populace so beaten down and dejected they can do what they want without interruption from the people.
Doesn’t appear that this publicly traded COMPANY is doing too bad.pic.twitter.com/RPtSRF7ezJ
Larry Kudlow's wife also got a small business grant for her painting hobby
Of course she did
Unreal.
JFC. My sister has a small business and had to lay off 6 of her 12 employees. SHE is the kind of small business that needs this money. FFS
Are there exceptions for number of employees for restaurant chains? Surely 159 locations have more than 500 employees.
It’s 500 t each location a the metric I believe. It allowed large chains to qualify and they appear to have received priority in the line
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