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Shake Shack Decides To Give Back $10M PPP Loan

April 20, 2020
Shake Shack founder Danny Meyer and chief executive officer (CEO) Randy Garutti said on Monday (April 20) that they are returning the $10 million Paycheck Protection Program (PPP) loan from the federal government that was part of the coronavirus stimulus package. “We now know that the first phase of the PPP was underfunded, and many […]