Mr. Beef facing financial problems

Restaurant reportedly owes bank about $650,000
February 11, 2009 3:12:48 PM PST
There is hope that a fast food restaurant unique to Chicago will be able to stay open in the River North neighborhood-- despite a foreclosure lawsuit. Midwest Bank is suing the owners of Mr. Beef, 666 N. Orleans, to collect $650,000 the bank says it is owed.

The son of one of the owners tells ABC7 talks are underway to extend their loan. Several banks are offering to help.