Kura Revolving Sushi Bar, the 25-location restaurant chain based in Irvine, has decided to return the $6 million Paycheck Protection Program (PPP) loan it had received as a part of the federal CARES Act. The move echoes Shake Shack, which received $10 million in federal loans before a public outcry compelled the New York City-based burger chain to return the funds.
Kura Revolving Sushi Bar is a publicly traded company with more than two dozen locations across the country, 11