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Bankruptcy judge lets Hooters tap into $5 million of financing

Hooters of America approved for some of the funds from proposed $40 million loan
An aerial view of a Hooters restaurant in Dayton, Ohio. Restaurant chain Hooters of America has landed some interim funding in a Texas bankruptcy court. (CoStar)
An aerial view of a Hooters restaurant in Dayton, Ohio. Restaurant chain Hooters of America has landed some interim funding in a Texas bankruptcy court. (CoStar)

A Texas bankruptcy judge granted the parent of restaurant chain Hooters access to $5 million in interim financing as it transitions to a franchise-only model.

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