Sweetgreen Plans to Return $10 Million Stimulus Loan

  • 4 years ago
Sweetgreen Plans to Return
$10 Million Stimulus Loan The popular salad chain was originally
given the loan as part of
the U.S. Paycheck Protection Program. The $349 billion stimulus package ran out of funding
last week, leaving many small businesses outraged. According to an open letter from Sweetgreen co-founders
Nicolas Jammet, Jonathan Neman and Nathaniel Ru, Sweetgreen "quickly made the decision to return the loan" after learning about the issues with the program. Sweetgreen,
via open letter Popular fast-food chain Shake Shack also
returned its stimulus loan earlier this week.

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