finance.yahoo.com

Qdoba Franchisee Defaults on $20 Million Loan

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Sig2.20Sen-1.60Env0.00Soc0.00Gov-0.90

Bank Midwest alleges Pennsylvania franchisee The Integritty Group defaulted on a $20 million loan taken in April 2025, leaving about $18.3 million outstanding across 41 Qdoba restaurants. Court filings say TIG violated loan terms and failed to correct liquidity issues, and did not sign paperwork for $850,000 emergency funding. The case is ongoing; Qdoba says it is not a party.

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