Mark Cuban on Shake Shack initially taking small business loan: ‘You’re going to kill your brand’

Small Business

Billionaire entrepreneur Mark Cuban joined CNBC’s “Fast Money” on Monday. 

Cuban, owner of the NBA’s Dallas Mavericks, has been vocal during the coronavirus pandemic, arguing for government relief measures that prioritize workers and puts restrictions on stock buybacks

Cuban last week criticized how some banks were handling the newly created small business loan program, telling CNBC that entrepreneurs were being “left out in the cold.” 

The Paycheck Protection Program, which initially had $349 billion allocated to it, ran out of money last week. The Senate could potentially vote to replenish the fund on Tuesday

— Disclosure: CNBC owns the exclusive off-network cable rights to “Shark Tank,” on which Mark Cuban is a co-host. 

Articles You May Like

Top Wall Street analysts recommend these dividend stocks for higher returns
Starbucks baristas strike in three U.S. cities during pre-Christmas rush
Biden forgives $4.28 billion in student debt for 54,900 borrowers
5 New Years’ Resolutions For Retirees
The Little-Known Stealth Tax That Bites Retirees And Near-Retirees

Leave a Reply

Your email address will not be published. Required fields are marked *