Shake Shak returns ppp loan

**USCPHILLYGUY** · 04-20-20, 08:05 AM

Fatty gonna be tough to beat my 40-1 winner for POTM at GulfStream

**Foxx** · 04-20-20, 08:46 AM

Originally posted by MinnesotaFats

Thoughts?

Just got more than $10 million worth the publicity

Nothing but a stunt

**Hushie** · 04-20-20, 09:54 AM

The money they returned cannot be redistributed to small businesses unless congress authorizes it. They blocked small businesses in need and didn't even use the money. Scum bags.

**MinnesotaFats** · 04-20-20, 10:08 AM

Originally posted by Hushie

The money they returned cannot be redistributed to small businesses unless congress authorizes it. They blocked small businesses in need and didn't even use the money. Scum bags.

I was wondering about that as well.

I learned this was for their corporate headquarters too, not stores (which are franchised).

Also learned that 45% of the SBA loan money set aside here went to publically traded companies.

Program is a complete disaster.

**Foxx** · 04-20-20, 10:22 AM

One of my family members tried to get a loan last week for a small business with 4 employees and was told they were out of money and needed to wait until the goverment authorized more funds. The wasted shake shack money could've covered a thousand businesses like hers. Thanks Shake Shack.

**goduke** · 04-20-20, 10:26 AM

Disaster or exactly what corrupt politicians wanted it to be used for? They don’t care about small businesses, they care about people who keep them rich. But they continue to manipulate the public, this time with small stimulus payoffs so no one says anything when the bill is passed. Don’t worry though we will continue to fight back and forth with people who like or hate trump while the real problem, all the fat cats in the House and Senate continue to get away with not caring about the people that vote for them. Only people to thank is yourselves for these programs.

**Shafted69** · 04-20-20, 10:29 AM

Drumpf fired the Inspector General in charge of overseeing stimulus. Not surprised at all with this corruption.

**Black Coffee** · 04-20-20, 10:40 AM

Originally posted by goduke

Disaster or exactly what corrupt politicians wanted it to be used for? They don’t care about small businesses, they care about people who keep them rich. But they continue to manipulate the public, this time with small stimulus payoffs so no one says anything when the bill is passed. Don’t worry though we will continue to fight back and forth with people who like or hate trump while the real problem, all the fat cats in the House and Senate continue to get away with not caring about the people that vote for them. Only people to thank is yourselves for these programs.

agreed...

**Black Coffee** · 04-20-20, 10:43 AM

Big corporates have never given two sh*ts about their employees..

Unfortunately a lot of people are just now learning this the hard way..

**SBR_Guest_Pro** · 04-20-20, 12:14 PM

all for marketing purposes. now it's going to Bernie's pocket from Biden's pay off

**zam77** · 04-20-20, 12:20 PM

Originally posted by Foxx

One of my family members tried to get a loan last week for a small business with 4 employees and was told they were out of money and needed to wait until the goverment authorized more funds. The wasted shake shack money could've covered a thousand businesses like hers. Thanks Shake Shack.

I hope they can get it on the next go round foxx. Corruption or not these business are all that matter to me because I am one. Fortunately I’ve gotten help before money was out but still not in my account so until that happens I’m on edge. Nonetheless on edge for your friends and all others in same boat. Really shitty draw

**SBR_Guest_Pro** · 04-20-20, 12:31 PM

Shake Shack Employees when they hear the company gets an unforgiveable loan to continue paying them VERSUS Shake Shack Employees when they find out their CEO returns the loan and says they don't need it

**pologq** · 04-20-20, 12:41 PM

Originally posted by Foxx

One of my family members tried to get a loan last week for a small business with 4 employees and was told they were out of money and needed to wait until the goverment authorized more funds. The wasted shake shack money could've covered a thousand businesses like hers. Thanks Shake Shack.

well said and sorry for your family member

**Foxx** · 04-20-20, 01:33 PM

Originally posted by zam77

I hope they can get it on the next go round foxx. Corruption or not these business are all that matter to me because I am one. Fortunately I’ve gotten help before money was out but still not in my account so until that happens I’m on edge. Nonetheless on edge for your friends and all others in same boat. Really shitty draw

Originally posted by pologq

well said and sorry for your family member

Thanks guys. Hopefully they get relief on the next round of funds. For now, at least they can take comfort in knowing the executives of many publicly traded companies will not be going hungry during these difficult times.

**RudyRuetigger** · 04-20-20, 01:36 PM

Originally posted by SBR_Guest_Pro

Shake Shack Employees when they hear the company gets an unforgiveable loan to continue paying them VERSUS Shake Shack Employees when they find out their CEO returns the loan and says they don't need it

like you said in other thread

who cares, theyll get unemployment and get more cash

**SBR_Guest_Pro** · 04-20-20, 01:48 PM

Originally posted by RudyRuetigger

like you said in other thread

who cares, theyll get unemployment and get more cash

Not at the corporate level....

**RudyRuetigger** · 04-20-20, 01:53 PM

Originally posted by SBR_Guest_Pro

Not at the corporate level....

you said employees

i thought you meant waiters/cooks

**SBR_Guest_Pro** · 04-20-20, 01:56 PM

Originally posted by RudyRuetigger

you said employees

i thought you meant waiters/cooks

Anyone that works for the company is an employee.

**RudyRuetigger** · 04-20-20, 01:57 PM

Originally posted by SBR_Guest_Pro

Anyone that works for the company is an employee.