Nathan's Famous

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Added May 5, 2020

Nathan's Famous is a chain of fast food restaurants specializing in hot dogs. The original Nathan's restaurant was founded in 1916 in the Coney Island neighborhood of New York City. Nathan’s is also famous for their annual 4th of July hot dog eating contest, where contestants try to eat as many hot dogs as possible in 10 minutes.

Company Behavior Summary

  • Despite being a publicly traded company, Nathan’s Famous applied for and secured a $1.2 million forgivable Paycheck Protection loan intended for struggling small businesses.
  • It should be noted that they returned the money after publicity regarding this loan went viral.

Sources

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