Chris Brown sued for $2 million over unpaid Popeyes chicken loan
Chris Brown is being sued over an unpaid loan used to purchase two Popeyes restaurants.
The Blast, which obtained legal documents, reports City National Bank is suing Brown for $2 million, allegeing it loaned him money to acquire a pair of Popeyes locations. The lawsuit claims the loan, which was given to several people, including Brown and The-Dream, remains unpaid.
“As of February 17, 2023, Borrower and Guarantors owe $2,140,901.74 in unpaid principal and interest,” the lawsuit read.
The lawsuit stems from the state of Georgia, but the bank filed a case in Los Angeles Courts as Brown currently resides in Los Angeles. The lawsuit names Brown as a “personal guarantor,” which means he’s on the hook for the unpaid portion of the loan.
According to the report, City National Bank has been seeking the money since 2018.
Mark Heim is a reporter for The Alabama Media Group. Follow him on Twitter @Mark_Heim. He can be heard on “The Opening Kickoff” on WNSP-FM 105.5 FM in Mobile or on the free Sound of Mobile App from 6 to 9 a.m. daily.