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McDonald’s franchises planned to pay tens of millions in PPP loan dollars to corporate HQ

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In partnership with The Intercept. At the start of the Covid-19 pandemic, McDonald’s franchisees asked the company for help weathering the coming storm. Specifically, the National Franchisee Leadership Alliance, a group that represents franchise owners, asked for something McDonald’s was well positioned to provide: rent relief. Unlike many chain restaurants, McDonald’s leases or owns most of […] The post McDonald’s franchises planned to pay tens of millions in PPP loan dollars to corporate HQ appeared first on The Counter .
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