J. Alexander's

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Added May 4, 2020

J. Alexander's is a casual restaurant chain headquartered in Nashville, Tennessee. The first restaurant opened in 1991 and J. Alexander’s went public in 2015. In 2017, they acquired the popular 99 restaurant chain. J. Alexander’s now has 46 restaurants in 16 different states.

Company Behavior Summary

  • Despite being a publicly traded company, J. Alexander’s applied for and secured a $15.1 million forgivable Paycheck Protection loan intended for struggling small businesses.
  • It should be noted that they returned the money after publicity regarding this loan went viral.

Sources

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