Round 2 of Paycheck Protection Program starts. Better hurry [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
The Paycheck Protection Program, the small business relief fund that was authorized by Congress'scoronavirusPresident Donald Trump signed the bill Friday that authorizes an additional $310 billion in funds for the program, which offers forgivable, 1% interest loans for companies with 500 employees or fewer. That's on top ofthe $350 billionBut the rush to get funds will likely cause the second round of funding to go fast, experts said. The SBA over the weekend said it would allow banks to submit complete applications in bulk starting today. Bank of America CEO Brian Moynihansaid on CBS's Face the Nation: The Race To Respond updates: states easing lockdowns as U.S. deaths near 55,000 in : The Race To RespondIn addition, government watchdogs and lawyers for small businesses say that, despite changes for the second tranche of PPP loans, many of the problems and drawbacks of the program remain.The Trump administration and Congress last week closed several loopholes that plagued the first
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SHAK
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