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Wednesday, May 1, 2024

Shake Shack to return $10M PPP stimulus funding

Credit: KTNV Channel 13 Las Vegas
Duration: 00:23s 0 shares 3 views

Shake Shack to return $10M PPP stimulus funding
Shake Shack to return $10M PPP stimulus funding

The burger chain says it will return the ten-million dollars it got from the Paycheck Protection Program.

THE BURGER CHAIN SAYS- IT WILLRETURN THE TEN-MILLION DOLLARSIT GOT FROM THE PAYCHECKPROTECTION PROGRAM.FOUNDER AND C-E-O RANDY GARUTTIANNOUNCED HIS BUSINESS WAS ABLETO "ACCESS THE ADDITIONALCAPITAL TO ENSURE LONG TERMSTABILITY." THE P-P-P WAS SETASIDE - TO HELP SMALLBUSINESSES STAY AFLOAT DURINGTHE COVID-19 PANDEMIC BUT THEFUNDS DRIED UP WITHIN TWOWEEKS.TIME NOW IS X:XX -- COMING UPON GOOD MORNING LAS VEGAS...

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