1. #1
    MinnesotaFats
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    Shake Shak returns ppp loan

    Very interesting

    Says they don't need it.....a forgivable loan, if they don't fire anyone.

    ...reality? They're going to lay off everyone.

    Thoughts?

  2. #2
    USCPHILLYGUY
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    Fatty gonna be tough to beat my 40-1 winner for POTM at GulfStream

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  3. #3
    Foxx
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    Quote Originally Posted by MinnesotaFats View Post
    Thoughts?
    Just got more than $10 million worth the publicity

    Nothing but a stunt

  4. #4
    Hushie
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    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.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: big joe 1212

  5. #5
    MinnesotaFats
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    Quote Originally Posted by Hushie View Post
    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.

  6. #6
    Foxx
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    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.

  7. #7
    goduke
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    Disaster or exactly what corrupt politicians wanted it to be used for? They donít 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. Donít 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.

  8. #8
    Shafted69
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    Drumpf fired the Inspector General in charge of overseeing stimulus. Not surprised at all with this corruption.

  9. #9
    Black Coffee
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    Quote Originally Posted by goduke View Post
    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...

  10. #10
    Black Coffee
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    Big corporates have never given two sh*ts about their employees..

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

  11. #11
    SBR_Guest_Pro
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    all for marketing purposes. now it's going to Bernie's pocket from Biden's pay off

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  12. #12
    zam77
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    Quote Originally Posted by Foxx View Post
    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

  13. #13
    SBR_Guest_Pro
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    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

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  14. #14
    pologq
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    Quote Originally Posted by Foxx View Post
    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

  15. #15
    Foxx
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    Quote Originally Posted by zam77 View Post
    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 Iíve gotten help before money was out but still not in my account so until that happens Iím on edge. Nonetheless on edge for your friends and all others in same boat. Really shitty draw
    Quote Originally Posted by pologq View Post
    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.

  16. #16
    RudyRuetigger
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    Quote Originally Posted by SBR_Guest_Pro View Post


    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
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  17. #17
    SBR_Guest_Pro
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    Quote Originally Posted by RudyRuetigger View Post
    like you said in other thread

    who cares, theyll get unemployment and get more cash
    Not at the corporate level....

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  18. #18
    RudyRuetigger
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    Quote Originally Posted by SBR_Guest_Pro View Post
    Not at the corporate level....
    you said employees

    i thought you meant waiters/cooks
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  19. #19
    SBR_Guest_Pro
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    Quote Originally Posted by RudyRuetigger View Post
    you said employees

    i thought you meant waiters/cooks
    Anyone that works for the company is an employee.

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  20. #20
    RudyRuetigger
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    Quote Originally Posted by SBR_Guest_Pro View Post
    Anyone that works for the company is an employee.

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