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Pursuits

Danny Meyer Took PPP Loans After All. And He’s Not Apologizing

Meyer’s restaurant empire got at least $11 million from the government, just weeks after Shake Shack’s PPP loan controversy.

Shake Shack burger, fries and drink
Photographer: Bloomberg/Bloomberg
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Danny Meyer, one of New York City’s most successful restaurateurs, is once again making news with PPP loans.

In April, Meyer’s Shake Shack returned $10 million in loans through the Paycheck Protection Program after the international burger chain and other larger companies came under fire for gobbling up the emergency funding while mom-and-pop businesses were frozen out.