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-0.00823124042879019 -0.00823124042879019 0.0106240428790199 0.0235451761102604 0.0074655436447167 0.00363705972434911 0.00363705972434911 -0.0191424196018377
Stock impact report

Shake Shack returns emergency loan to the US [CNNMoney.com]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: CNNMoney.com
Shake Shack returns $10 million emergency loan to the US government Hong Kong (CNN Business) Shake Shack ( SHAK ) is returning a $10 million loan it received from the US government under an emergency program that was touted as a way to help small businesses pay workers and keep their operations running during the coronavirus crisis. The burger chain was awarded the loan as part of the Paycheck Protection Program (PPP). The $349 billion stimulus package, overseen by the Small Business Administration (SBA), ran out of funding last week. Over the last few days, there has been a growing backlash over the distribution of the funds. Several media outlets have revealed how large chunks of the package were taken up by chain restaurants , hoteliers and publicly traded corporations, rather than small, local businesses. Shake Shack, Ruth's Chris and other chain restaurants got big PPP loans when small businesses couldn't Shake Shack CEO Randy Garutti and chairman Da Show less Read more
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