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Shake Shack Received, Then Returned, $10 Million in Stimulus Funding

Earlier than the announcement, Shake Shack acquired criticism for profitable PPP funding when so many companies had been shut out of this system. Different massive chains like Ruth’s Chris Steakhouse, Potbelly Sandwich Store and Taco Cabana had been additionally referred to as out for making the most of this system.

My mates who run small companies have utilized for ppp and heard again from their banks that they “ran out of money” and so they aren’t in a position to launch funds for ppp…but this. For this reason strings wanted to be hooked up to the stimulus cash.https://t.co/QBaHTjg2op