JP Morgan has forsaken their small customers in return for one particular customer

First on CNN Business: JPMorgan, Ruth's Chris accused of cheating small businesses out of emergency loans 

JP Morgan/Chase Bank....good people to keep miles away from

By Matt Egan, CNN Business

Updated 2:19 PM ET, Fri April 24, 2020 

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New York (CNN Business)JPMorgan Chase, Ruth's Chris Steak House and others are being accused in a lawsuit of efforts to "cheat" small businesses out of federal stimulus funding.

An Illinois popcorn seller hurt by the coronavirus pandemic alleges that JPMorgan Chase's "pampering of its prized clients" like Ruth's Chris caused it to receive far less Paycheck Protection Program (PPP) funding than needed, according to the lawsuit, which seeks class-action status and was filed in federal court in Illinois. 

Ruth's Chris will return its PPP loans after Treasury says public companies should repay

The plaintiff, Sha-Poppin Gourmet Popcorn, argues in the complaint that Ruth's Chris is a "well-heeled nationwide chain" that didn't need the $20 million of forgivable loans it received before PPP ran out of funds.