— tae kim (@firstadopter) And to make the @shakeshack PPP $10 million PPP mortgage appear even worse is that Shake Shack raised $150M in an fairness capital providing YESTERDAY. https://t.co/qUwv0TEG7m

— Thomas Thornton (@TommyThornton) Of their Sunday assertion, Meyer and Garutti stated that the PPP utility “was extremely confusing” and that the “onus was placed on each business to figure out how, when, or even if to apply” for the mortgage.

With a view to qualify for the mortgage, a enterprise may have not more than 500 individuals working at a single location, which meant that Shake Shack — in addition to virtually another restaurant in America — was eligible.