Florida-based deli sandwich chain TooJay’s received a $6.4 million PPP loan and then, within days, declared bankruptcy. Meanwhile, Cosi’s, which entered bankruptcy protection just before the outbreak struck, has been denied a loan. RB: After Taking PPP Loan, TooJay’s Declares Bankruptcy; RB: Bankruptcy Is Another PPP Problem…
Another Problem Emerges With PPP: Bankruptcy
