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Global Trade Alert

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United States of America: Paycheck Protection Programme (PPP) loan to Red Lobster Restaurants LLC

Description

On 25 February 2021, the U.S. Small Business Administration granted a Payment Protection Programme (PPP) loan worth USD 10 million to Red Lobster Restaurants LLC, a limited liability company located i...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

25 Feb 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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