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-0.000151069256425484 0.0001961938395134 -0.00058858151854034 -0.00019619383951354 -0.00510103982734952 -0.0064743967039436 -0.0064743967039436 -0.0064743967039436
Stock impact report

The Paycheck Protection Program Is Funded Again But Don’t Get Your Hopes Up [Forbes]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Forbes
US President Donald Trump signed extended funding for the PPP on April 24, 2020 (Photo by OLIVIER... [+]DOULIERY/AFP)AFP via Getty ImagesThe Paycheck Protection Program returns this week, but it remains to be seen whether the program will be considered a net plus to small business or a big minus, like the original rollout.There are a few positive signs this time around. Large companies have beenforbiddenor discouraged from taking money from the program. Large concerns like Ruth’s Chris Steakhouse, Shake Shack, and Harvard University, who received millions in thefirst go-round, either returned the funds or publicly earmarked them for worthy causes.The Administration, which oversees the program, has pointed to a variety of metrics as proof of success in the first iteration of the program, which ran out ofon April 16. U.S. Administrator Jovita Carranza and U.S. Treasury Secretary Steven T. Mnuchin put out a statement to coincide with the resumption of funding: “The PPP has supported mo Show less Read more
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