Shake Shack, Ruth’s Chris, Potbelly, and Others Might Need to Give Loans Back, Says SBA [The Motley Fool]
Shake Shack, Inc. Class A (SHAK)
Last shake shack, inc. class a earnings: 2/24 04:05 pm
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US:NYSE Investor Relations:
investor.shakeshack.com/investors-overview/overview/default.aspx
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Source: The Motley Fool
WhileShake Shake(NYSE:SHAKalready voluntarily gave back the $0 millionPotbellyNASDAQ:PBPBRuth's Hospitality GroupNASDAQ:RUTHThe PPP was earmarked to help small American businesses, not large, publicly traded companies with hundreds of millions or billions of dollars in value. However, the aid bill's wording created a massive loophole, already dubbed the "Shake Shack loophole" in the media because of its highest-profile user.Image source: Getty Images.The legislation was written to give emergency funding to small enterprises with 00 employees or less at a single location, including individual franchisees running restaurants independently. However, the bill specified 00 workers per "location" rather than per "business," enabling restaurant companies and others with many small branches to apply for and receive loans.The PPP distributed $9 billion in loans, exhausting the allocated money last week. Average loan size started out at $0,000, falling to $06,000 toward the end. While many of t
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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