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$10 million PPP loan returned by Shake Shack

$10 million PPP loan returned by Shake Shack

The federal government is set to get back the $10 million small business loan given by it to Burger chain Shake Shack. The decision has been taken after the burger chain faced criticism from the public as large restaurant chains received the funds before the depletion of the loan program.

Tom A
Tom A
KM
KM 4 months

great, can we get our money back from Harvard and the NY museum?

Michael Cothren
Michael Cothren 4 months

People seem to forget Bush and Obama bailing out the auto companies and banks when the TARP money was supposed to go to the people to help them stay in their homes, but after it got passed it went to the banks.

John
John 4 months

How does Harvard University get 9.7 million with all the money they have this is a disgrace perpetrated by the republicans

Rage Against the Vagine
Rage Against the Vagine 4 months

There should be a much more stringent approval process for which companies get this money. 10 million could go a long way to propping up several small businesses. Shake Shack pulled in 600 million in 2019.

CheekyGreenConure
CheekyGreenConure 4 months

So does no one want a job to go back to or what

oscar g
oscar g 4 months

Good give that money back

Name
Name 4 months

The federal government is set to get back the 10 million dollars that was given as a loan to shake shack

Robert
Robert 4 months

Wow. Only in the Trump world. Watch out Mafia. Trump gang is in town.

Roamer MGTOW
Roamer MGTOW 4 months

The people need it more than a restaurant chain.

Joshua David Brown
Joshua David Brown 4 months

Would "the public" be more appreciative if Shake Shack waited until AFTER the money was depleted? The public is its it's own breed of special.

Joseph Cribari
Joseph Cribari 4 months

Well then it wasnt a Loan was it. It was a Bribe

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