That's outrageous. They get $20 million while countless small businessmen and the thousands who work "gigs" or operate food trucks are still waiting for a loan. Heck, some of the food trucks in Austin have incredible stuff to eat! I'm getting hungry just thinking about it. Stuck here at home. :-(
Glad we have oversight of this program...oh wait... The government is not releasing the names of the companies that obtained Paycheck Protection Program loans. Ruth’s Hospitality Group is a public company and, therefore, was required to report the loan to the SEC. But it is not the only company that received a “small business” loan with large revenues. According to summary data released by the Small Business Administration, banks approved 67,216 loans of $1 million or more. Assuming the rules were followed, that means these companies have a monthly payroll of at least $400,000. Funds distributed to these companies accounted for more than 40% of the available money.
Indeed. Trump gives the money to big companies while working class business people like Tilman suffer.
Who could have imagined Trump would have abused this program? Spent 300 billion handing out candy to fat cats basically.
But everyday he tells its for small businesses and by the way , its working great.......better then expected, best of all time, the likes the world has never seen...........
Lol shake shack shouldn’t have returned the loan I’m 90 percent sure the PR director made the call on that one ... and buddy , you already done goofed . giving it back doesn’t make people any less pissed off that you applied for and got it anyways . oh you’re a “good company” because you did the right thing ? Only after public backlash ... Have some balls shake shack , if you’re the greedy profit driven business that we know you are be true to it . people don’t like greed and they don’t like pandering . SS showed the greed by getting the loan (which they apparently don’t need ) and then tried some pandering by giving it back . **** them , **** them up the ass . I’ve only been inside of MMP , mediocre at best . Whata is where it’s at . Shake shack can gtfo of Texas
