Chris Brown is being sued over a $2 million loan he allegedly took from a bank to purchase two Popeyes restaurants.
According to court documents obtained by The Blast, City National Bank claimed that they loaned $2 million to the “Under The Influence” hitmaker and other investors, including The-Dream, to purchase two Popeyes locations in 2018. They added that Brown and his team have yet to pay them back.
“As of February 17, 2023, Borrower and Guarantors owe $2,140,901.74 in unpaid principal and interest,” the bank’s lawsuit read, according to The Blast. Brown, who is listed as “a personal guarantor” on the loan, is personally responsible for $1,314,367.40.
A Georgia judge has reportedly sided with City National Bank. However, the company filed a case in a Los Angeles court to simply collect the money it already won, due to the singer living in the area.