Angry small businesses: Shake Shack gets money but we don't? [CBS News]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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Source: CBS News
"A slap in the face": Small businesses got no PPP loans while chains like Shake Shack got millionsBy Megan CerulloApril 20, 2020 / 5:37 PMSmall businesses struggling to secure fundingWith the federal out of moneyRuth's Chris SteakhouseTake Ruhel Islam, owner of Ghandi Mahal, a Bangladeshi and Indian food restaurant in Minneapolis, Minnesota. He applied for a six-figure loan through the $349 billion Small Business Administration initiative and got nothing."I believe bigger restaurants had better systems for dealing with this, while we were just working hard to keep our doors open. They have people to navigate this for them, while we had to do it ourselves, and I think that's why they were ahead of us in terms of applying for loans," Islam told CBS .: The Race To Respond in : The Race To RespondHis 22-person staff is now down to seven employees, who now mostly focus on takeout orders. Islam was seeking a roughly $100,000 loan — the equivalent of 2.5 times his average monthly payroll — i
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News
- Shake Shack to Participate in Upcoming December Investor ConferencesBusiness Wire
- I tried the biggest burgers at 5 fast-food chains and ranked them from worst to best [Business Insider]Business Insider
- Should Shake Shack's (SHAK) Revenue Outlook and CFO Departure Prompt Investor Attention Now? [Yahoo! Finance]Yahoo! Finance
- Shake Shack (NYSE:SHAK) had its "strong-buy" rating reaffirmed by analysts at Raymond James Financial, Inc..MarketBeat
- Shake Shack (NYSE:SHAK) had its "hold" rating reaffirmed by analysts at Jefferies Financial Group Inc..MarketBeat
SHAK
Earnings
- 10/30/25 - Beat
SHAK
Sec Filings
- 11/26/25 - Form 4
- 11/25/25 - Form 144
- 11/25/25 - Form 8-K
- SHAK's page on the SEC website