Shake Shack Serves up its Loan

from Axios Re:Cap Hosted by Axios

Shake Shack on Monday announced it would give back the $10 million it received via the Paycheck Protection Program, in the midst of circulating criticisms of the program’s application process and how it distributed funds before it ran out. Dan is joined by Shake Shack founder and chairman Danny Meyer to discuss the company's decision, the state of restaurants, and how the next phase of PPP should be structured. PLUS: Why Dropbox paid people to hack Zoom and Silicon Valley tracks COVID-19

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Shake Shack Serves up its Loan

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This episode is 9 minutes long.

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This episode was published on April 20, 2020.

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