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

— Yuh-Line Niou (@yuhline) I’m unsure Shake Shack execs spent sufficient time fascinated about how a lot restaurant lovers will resent them for that mortgage when so many small eating places didn’t have an opportunity

— Hillary Dixler Canavan (@hillarydixler) The critics began piling on Shake Shack extra on Friday, when the corporate introduced that it had raised $150 million in a personal fairness providing.

Shake Shack elevating $150 million because it will get a $10 million PPP mortgage days after this system ran out is … one thing.

— Jonathan Maze (@jonathanmaze) Apparently Shake Shack raised $150 million in an fairness providing yesterday, together with getting the $10 million in PPP loans different small companies desperately want and weren’t in a position to get. Significantly?! H/T @HowardWPenney https://t.co/bisQAl2KW1 pic.twitter.com/0szb7G0aPv