Chris Brown is reportedly embroiled in a $2 million lawsuit for not paying back a loan he got to open multiple Popeyes locations.
Chris Brown Sued for Unpaid Popeyes Loan
On Sept. 23, The Blast reported Chris Brown is being sued by City National Bank. According to court documents obtained by the celebrity news site, CNB claims they loaned $2 million to Breezy and other investors, including The-Dream, to purchase two Popeyes locations in 2018. They claim CB and his team of investors have yet to repay the loan.
“As of February 17, 2023, Borrower and Guarantors owe $2,140,901.74 in unpaid principal and interest,” the bank states in the suit, according to The Blast. Brown is listed as “a personal guarantor” on the loan and is personally responsible for $1,314,367.40. A Georgia judge has reportedly sided with the bank. However, CNB has filed a case in Los Angeles court due to Brown living in the Los Angeles area.
XXL has reached out to Chris Brown’s team for comment.
Read More: Chris Brown Says People Who Still Want Him Canceled Are Weirdos Following Backlash for New Ciara Collab
Chris Brown’s Tax Issue
Earlier this year, it was reported that Chris Brown owed $4 million in back taxes. The hefty tax bill came after the Virginia crooner was hit with a federal tax lien for $2,245,561.50 in January. The government reportedly added another $1,059,967.78 to the total. The state of California also reportedly filed a state tax lien for $739,067.48.
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