• More than 150,000 people have signed a petition calling for Ruth's Chris Steakhouse to return $20 million in loans meant to help small businesses

    One year ago - By Business Insider

    John Greim/LightRocket via Getty Images
    More than 157,000 people have signed a petition calling for Ruth's Chris to return $20 million in paycheck protection program loans intended to support small businesses.
    The steakhouse was granted two $10 million PPP loans, which it qualified for due to the program's exception for the restaurant and hotel industries.
    Shake Shack returned a $10 million loan after significant backlash.
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    More than 157,000 people have signed a petition calling for Ruth's Chris to return $20 million in loans from a...
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  • The Small Business Administration just told thousands of businesses applying for disaster loans that their personal information was mistakenly leaked

    The Small Business Administration just told thousands of businesses applying for disaster loans that their personal information was mistakenly leaked

    One year ago - By Business Insider

    J. Scott Applewhite/AP
    The Small Business Administration has told nearly 8,000 businesses that their personal information was exposed on the official SBA website, a spokesperson confirmed to Business Insider.
    The leak affects businesses who submitted economic relief applications through the SBA website.
    A bug in the site was mistakenly showing applicants' personal information to other applicants who subsequently used the portal.
    The SBA has addressed the issue and relaunched the portal, and impacted businesses have been offered one year of free credit monitoring.
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