Shake Shack returning government’s $10 million small-business loan
Shinya Suzuki / Flickr / CC BY 2.0Shake Shack restaurant in Times Square, Photo Date: July 2010
The burger chain Shake Shack says it will return a small-business loan it got to help weather the coronavirus crisis after topping up its funding.
The company's CEO, Randy Garutti, and its founder Danny Meyer said Monday the chain has laid off or furloughed hundreds of its employees and needed the assistance.
In a statement, they said they were able to get extra funding late last week through an &ldqu
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