Ruth’s Chris Steak House to Repay $20 Million Government Loan

A Ruth's Chris Steak House is seen days before the phased reopening of businesses and restaurants in Atlanta, Georgia on April 21, 2020. Elijah Nouvelage/Reuters

Ruth’s Chris Steak House is repaying a $20 million loan it secured from the government through a recent stimulus bill.

Ruth’s Hospitality Group operates more than 100 steakhouses in the United States but was able to secure the loan through the Paycheck Protection Program (PPP).