<p>Nobu, the international luxury chain of sushi restaurants and hotels, took up to $28 million in loans from the U.S. small business relief program as part of the Paycheck Protection Program (PPP), according to recently released government filings.</p>
<p>The chain, which includes 46 restaurants and 13 luxury hotels across the world, was co-founded by actor Robert De Niro, celebrity chef Nobuyuki “Nobu” Matsuhisa, and film producer Meir Teper. Nobu took 14 loans totaling as much as $27.7 million, CNBC <a href="https://www.cnbc.com/2020/07/06/de-niro-backed-nobu-restaurants-took-more-than-a-dozen-ppp-loans.html?__source=twitter%7Cmain" target="_blank" rel="noopener noreferrer">reported</a>. Because the Small Business Administration (SBA) provides only a range for loan sizes instead of precise dollar amounts, however, the Nobu group may have received as little as $11 million, CNBC said.</p>

Robert De Niro’s Restaurant Chain Nobu Took Up To $28 Million In Taxpayer Loans

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Robert De Niro’s Restaurant Chain Nobu Took Up To $28 Million In Taxpayer Loans