New York food magnate Danny Meyer has had an on-again, off-again relationship with PPP loans. Now it’s on again — to the tune of $11 million. Meyer’s Union Square Hospitality Group, which includes 18 privately owned restaurants and cafes, took in a combined loan amount of between $11.4 million and $27 million from the Small Business Administration’s Paycheck Protection Program, according to Bloomberg. That comes just a few months after Meyer’s Shake Shack reportedly returned
source https://therealdeal.com/2020/07/13/danny-meyers-ushg-got-11m-in-ppp-cash/
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