Shake Shack Inc. hardly seems like a small enterprise, with 7,600 employees, about $500 million in annual revenue and net income last year of $24 million. Even so, it plans to apply for a new government-guaranteed small-business loan.
The New York-based fast-food chain says it needs the help to get through the new coronavirus pandemic. Many of its roughly 140 company-owned U.S. stores are in high-traffic urban areas now largely shut down by the virus. Sales are down 70% on average, the company said, and it has furloughed...
trump must qualify now
Trump is working 24 hours a day....on getting that slush fund money.
This loan program is crap. They are not giving any answers for 3 weeks. May as well be a year.
Exemption laymen terms they found a loophole ⭕️
I realize who benefits, but why is this fair? Why not serve the many instead of rewarding the few biggies?
Hmmm hotel chains did you say
Gee I wonder why.
Please ask: With present mitigation efforts, what percentage of Americans will get the virus? How many of those will contract it after stay at home mitigation restrictions are lifted?
So we’re fucked as small businesses.
They’ll get the majority of the $350 billion while small businesses get scraps.
The Democrats are to bust trying to make sure the Trump Organization does not get any money, but they fail to realize Trumps family business is one of the largest, greatest and most beautiful organizations in all of the world. They enjoy many great, smart and beautiful people.
So small business will be crowded out
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