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Shake Shack Decides Not To Accept $10M Emergency Loan From Government

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The Shake Shack restaurant has decided to reject the $10 million loan the government sent their direction as part of an emergency program to help small businesses that have been negatively impacted by actions taken to prevent the spread of the coronavirus. The program seeks to provide monetary support to businesses so they can provide payment for their employees during this crisis.

The New York based burger chain is one of many small businesses that has qualified for the financial assistance provided by the $349 billion that’s part of the Paycheck Protection Program. This particular program has already run out of cash.

Here’s more on this from The Washington Examiner:

Trending: Chuck Schumer Says Dems Will Sue If Trump Issues EO to Give Americans COVID-19 ‘Relief’

The restaurant’s CEO, Randy Garutti, and Chairman Danny Meyer announced their decision to give back the funding in an open letter on Sunday.

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“Shake Shack was fortunate last Friday to be able to access the additional capital we needed to ensure our long term stability through an equity transaction in the public markets. We’re thankful for that and we’ve decided to immediately return the entire $10 million PPP loan we received last week to the SBA so that those restaurants who need it most can get it now,” their statement said.

“We urge Congress to ensure that all restaurants no matter their size have equal ability to get back on their feet and hire back their teams,” they added. “We are an industry of 660,000 restaurants with nearly 16 million employees. While it is heartening to see that an additional $310 billion in PPP funding is about to be approved, in order to work for restaurants, this time we need to do it better.”

One of the perks of the program is loan forgiveness, should businesses who receive the money use it to hire back furloughed or laid-off workers by the month of June.

Shake Shack, owned by Union Square Hospitality Group, originally applied for the loan hoping that things would be clarified by the time the loan was approved and they could keep employees working.

The White House has already rolled out a program to try and help get folks back to work over the coming months, but ultimately, it will be up to states to decide how best to take those guidelines and implement them.

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Joe Biden Gets Creamed For His Non-Apology For Remarks About Black Community

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If you’re a person working for the Joe Biden presidential campaign right now, you have to be subsisting on a steady diet of Xanax in order to deal with the stress this man causes by simply opening up his mouth and spouting forth all kinds of nonsense. Is it any wonder that folks on the left are so desperate to keep Biden out of the public eye? Clearly, there are some serious mental health issues happening with this man, possibly something like dementia, but they are pushing him forward anyway. Lots of reasons exists for doing that, but regardless, it’s brutal to watch. Biden recently made a statement that essentially said all black people think the same and Latino people have diversity of thought. This didn’t go over well for obvious reasons. The former vice president then made an apology for the statement, but it was horrible too, so now he’s getting creamed for that too. via The Daily Wire: “Earlier today, I made some comments about diversity in the African American and Latino communities that I want to clarify. In no way did I mean to suggest the African American community is a monolith—not by identity, not on issues, not at all,” Biden wrote on Twitter. “Throughout my career I’ve witnessed the diversity of thought, background, and sentiment within the African American community. It’s this diversity that makes our workplaces, communities, and country a better place.” Biden added, “My commitment to you is this: I will always listen, I will never stop fighting for the African American community and I will never stop fighting for a more equitable future.” Early on Thursday, Biden said during an interview, “What you all know, but most people don’t know, unlike the African American community, with notable exceptions, the Latino community is an…

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Rioters Once Again Charge Into Portland Suburb; Drench Elderly Woman In Paint

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Rioters — oops, I mean, “peaceful protesters” — once again stormed a Portland suburb, this time opting to set their sights on harassing elderly counter protesters by tossing paint all over them among many other heinous deeds. Folks, there’s nothing peaceful about these people. It’s clear they are not interested in trying to win people over to their point of view. They want to force you to comply with their sick and twisted vision for the future of this country and if you resist, you will be beaten into submission. via The Daily Wire: Once again, the Portland Police Department was forced to declare a supposed protest an “unlawful assembly” after assessing that the intent of the rioters was “to vandalize or attempt to burn down the precinct.” The Portland Police Department tweeted out a photo of the elderly woman whom the rioters doused with paint and noted in a subsequent tweet that they incorrectly stated that she was the woman using a walker, when in fact it was another elderly woman who was present. https://twitter.com/PortlandPolice/status/1291602683267178502 Portland Tribune reporter Zane Sparling took videos of the incident that showed the rioters aggressively confronting the two women and showed the woman covered in paint. https://twitter.com/PDXzane/status/1291597748366528512 https://twitter.com/PDXzane/status/1291597626714886144 Journalist Andy Ngo, who has had his fair share of violent run-ins with the terrorists in Antifa, took the time on Twitter to highlight the hostility being displayed toward the two women from these miscreants. https://twitter.com/MrAndyNgo/status/1291605805167386624 https://twitter.com/MrAndyNgo/status/1291607302848438272 How much more of this insanity is going to be allowed to continue unchecked by Democratic leadership in Portland? It’s time to step up to the plate and shut these people down and restore law and order. If that means requiring help from federal resources, so be it. We just cannot allow this kind of violence to continue and…

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