UPDATE: Ruth's Chris returns $20 million

Monday’s edition of Popular Information focused on the conduct of Ruth’s Chris Steak House. The restaurant chain had $441 million in revenue last year, $86 million in cash reserves, and pays its CEO $6.2 million. But Ruth’s Chris, through its parent company Ruth’s Hospitality Group, obtained a $20 million forgivable loan from the “Paycheck Protection Program,” a fund that was supposed to benefit struggling small businesses.

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